The winning community that saw the largest price increase over the 2022 year was… 1. Carp at 14.6% 2. Carleton Place / Perth 13.8 % 3. Rockland / Casselman 12.1% 4. Almonte 9.1% Tied for 5th place at 7.5% Kemptville Winchester Orleans 6.Westport 7.3% 7.Kanata / Barrhaven 6.4% Another tie ...
Continue ReadingPRICES: Residential Prices ⬇️ 7% from last year Condominium Prices ⬆️9 % from last year SUPPLY is ⬆️ 699 new listings came to market this past month. We usually see around 662 in December. DEMAND is ⬇️ 601 properties sold over the last month. Typically we see 775 in December. ...
Continue ReadingPRICES: Residential Prices ⬇️ 5% from last year Condominium Prices ⬇️ 4% from last year SUPPLY is ⬆️ 1598 new listings came to market this past month. We do not usually see so many new properties in October. The exception is 2020, where several properties held off until the last ...
Continue ReadingOttawa 30-second Real estate market update PRICES: Residential Prices ⬇️ 5 % from last year Condominium Prices⬆️ 9% from last year Affordability is the key here. Condos are usually at a lower price point than residential homes, so as interest rates have impacted the reach that buyers can obtain. Condominiums ...
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