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OTTAWA REAL ESTATE MARKET UPDATE – SEPT 20TH 2023 – HOMES FOR SALE IN OTTAWA -HOMES FOR SALE IN KANATA – HOME PRICES IN OTTAWA

Author: John Kennedy
Categories: 2023 - Market Information,BEL AIR HOMES FOR SALE OTTAWA,KANATA BRIDLEWOOD HOMES FOR SALE,KANATA HOME PRICES,KANATA HOMES,KANATA HOMES FOR SALE,KANATA PROPERTIES,KANATA REAL ESTATE,KANATA REAL ESTATE NEWS,KANATA TOWNHOMES FOR SALE,Ottawa Condo Market News,Ottawa Condo Prices,Ottawa home listings,Ottawa homes and condos,Ottawa homes for sale,OTTAWA HOMES FOR SALE Mls,Ottawa Real Estate News,REAL ESTATE NEWS KANATA AND OTTAWA

September 20th, 2023

The average sale price for a freehold-class property in August 2023 was $709,739

Ottawa Resale Market Stalls in August, Supply Challenges Persist!

Low inventory, not enough listings.

Source: OREB

The Ottawa Real Estate Board reported that its members  sold 1,196 residential properties in August through the Board’s Multiple Listing Service® (MLS®) System data service, compared with 1,130 in August 2022, an increase of 6%. August’s sales included 903 in the freehold-property class, up 7% from a year ago, and 293 in the condominium-property category, a 2% increase from August 2022. The five-year average for total unit sales in August is 1,525.

Call today for free one-on-one market update on Buying or Selling a home.

“Ottawa Sales activity was up marginally on a year-over-year basis in August but remained well below the historical average for this time of year,” says Ken Dekker, OREB President. “There is no shortage of demand given increased immigration and the large Canadian population cohort entering the market. The lack of suitable, affordable housing is a hindrance. High borrowing costs and economic uncertainty are impacting both sellers and buyers, which we expect will continue to result in further market fluctuations.”

 

Ottawa Real Estate Average Prices*:

  • The average sale price for a freehold-class property in August was $709,739, an increase of 0.5% from 2022, and a 5.6% decrease over July 2023 prices.
  • The average sale price for a condominium-class property was $425,968 an increase of 1% from a year ago, although 1.4% lower than July 2023 prices.
  • With year-to-date average sale prices at $732,220 for freeholds and $432,571 for condos, these values represent an 8% decrease over 2022 for freehold-class properties and a 5.5% decrease for condominium-class properties.

 

Thank you for your trust!

Selling and Buying a home made easy!

Price changes: September  2023 report

Number of Sold properties by week. vs other years   2023 report

NUMBER OF HOME FOR SALE ARE LOWER THAN OTHER YEARS

 

AVERAGE SALE Price Changes: SEPT 2023 report

IT LOOKS LIKE 2022 AND 2023 HAVE THE SAME AVERAGE SALE PRICE

 

RESIDENTIAL Price Changes: September  2023 report

LOW NUMBER OF LISTINGS, LOW SALE VOLUME 2023

 

NEW LISTINGS are down this week – this means low inventory : SEPT 2023 report

IT LOOKS LIKE WE ARE STILL LOW ON LISTINGS

 

 

 

 

PRICES ARE MORE AFFORDABLE NOW AND MAY MOVING BACK UP IF INVENTORY STAYS LOW, ACCORDING TO THE OTTAWA REAL ESTATE BOARD, SEPT 2023 REPORT.

 

 

 

 

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Ottawa Real Estate Market update – July 2023

Author: John Kennedy
Categories: 2023 - Market Information,KANATA BRIDLEWOOD HOMES FOR SALE,KANATA HOME PRICES,KANATA HOMES,KANATA HOMES FOR SALE,KANATA PROPERTIES,KANATA REAL ESTATE,KANATA REAL ESTATE NEWS,KANATA REMAX,KANATA TOWNHOMES FOR SALE,Ottawa Condo Market News,Ottawa Condo Prices,Ottawa home listings,Ottawa homes and condos,Ottawa homes for sale,OTTAWA HOMES FOR SALE Mls,Ottawa Real Estate News,REAL ESTATE NEWS KANATA AND OTTAWA
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Kanata Homes for Sale – Ottawa homes for Sale – All homes for sale in Kanata July 27th, 2023

Author: John Kennedy
Categories: KANATA BRIDLEWOOD HOMES FOR SALE,KANATA HOME PRICES,KANATA HOMES,KANATA HOMES FOR SALE,KANATA PROPERTIES,KANATA REAL ESTATE,KANATA REAL ESTATE NEWS,KANATA TOWNHOMES FOR SALE,OTTAWA HOMES FOR SALE Mls,REAL ESTATE NEWS KANATA AND OTTAWA

July 27th, 2023

All homes available for sale in Kanata.

Searching for homes for sale in Kanata? Look no further than The KENNEDY Real Estate Team. With several years of experience in selling homes in Kanata. We have extensive knowledge about various models, builders, and neighbourhoods such as: Beaverbrook, Katimavik, Bridlewood, Kanata Lakes, Morgan’s Grant, Trail West, and Elmwood. 

In Kanata Ontario, there are several types of dwellings available: Single detached homes, row units townhouses, semi-detached homes, stacked townhouses, and apartments.

We are Currently seeking, 113 listings for sale in Kanata with an average price of approximately:

ALL JULY 2023  DETACHED HOMES AVERAGE PRICE $857,900.

Count on us to provide you with the true value. This free service will ensure you make an informed decision for your next home purchase in Kanata.

ASK FOR OUR FREE “PROPERTY REPORT ON VALUE AND COMPARABLE”.

Get all details – Copy/Paste MLS number here.

Search a Street, City, Province, RP Number or MLS® Number

 

All Kanata Home Listings on our IDX website.

ML# Address List Price Type Style Bds Bths
1349274 1016 TANGUAY CRT $339,900 2STOREY STACK 2 2
1346861 1006 TANGUAY CRT $349,900 2STOREY STACK 2 2
1347644 103 SALTER CRES $379,900 2STOREY ROW 3 2
1353521 239 PICKFORD DR $429,900 2STOREY ROW 3 2
1352685 21 BEST WAY $438,000 2STOREY ROW 3 3
1345297 2033 CAMPEAU DR $449,000 2STOREY STACK 2 2
1347915 300 TULUM CRES #H $485,000 1LEVEL STACK 2 1
1339787 310 TULUM CRES #C $499,900 OTHER STACK 2 2
1339789 310 TULUM CRES #B $499,900 OTHER STACK 2 2
1349944 106 KINCARDINE DR $516,000 2STOREY ROW 2 3
1344162 598 FOXLIGHT CIR $528,900 3STOREY ROW 2 3
1352430 373 HILLSBORO PVT $534,900 2STOREY ROW 3 3
1353245 21 STREAMBANK ST $539,900 3STOREY ROW 2 2
1351777 516 ABERFOYLE CIR $549,900 2STOREY ROW 3 2
1351967 1505 CAMPEAU DR $549,999 2STOREY STACK 2 3
1351412 14 MEADOWBREEZE DR $550,000 2STOREY ROW 3 3
1351319 29 STREAMBANK ST $558,000 3STOREY ROW 3 2
1352962 127 ATTWELL PVT $559,900 3STOREY ROW 2 3
1350428 161 ATTWELL PVT $569,000 3STOREY ROW 2 2
1338221 398 HILLSBORO PVT $569,900 2STOREY ROW 3 3
1350177 63 SPRINGCREEK CRES $575,000 2STOREY ROW 3 2
1351338 4 SUNNYBROOKE DR $575,000 2STOREY ROW 3 2
1351016 60 HELMSDALE DR $599,900 2STOREY ROW 3 3
1351828 833 TABARET ST $618,000 2STOREY ROW 3 3
1353591 586 BARRICK HILL RD $619,900 2STOREY ROW 3 3
1353394 1326 HALTON TERR $625,000 2STOREY ROW 3 3
1349339 738 OAKGLADE AVE $629,900 2STOREY ROW 3 3
1352422 220 FORESTBROOK ST $639,000 2STOREY ROW 3 3
1351156 94 SADDLESMITH CIR $639,000 2STOREY ROW 3 3
1352406 201 OPUS ST $649,900 2STOREY ROW 3 3
1352958 80 ROBARTS CRES $649,900 2STOREY ROW 3 4
1352924 276 MAXWELL BRIDGE RD $649,900 2STOREY ROW 3 3
1346702 30 HIGHMONT CRT $650,000 2STOREY SEMIDET 3 3
1353652 29 COURTNEY RD $654,900 BUNGLOW DETACH 4 2
1346498 218 HUNTERBROOK ST N $659,999 2STOREY ROW 3 3
1346233 100 PATRIOT PL $669,900 2STOREY ROW 3 3
1350846 560 PEPPERVILLE CRES $669,900 2STOREY ROW 3 3
1350828 120 SPRINGCREEK CRES $674,900 2STOREY DETACH 3 2
1340559 804 STAR PVT $684,900 3STOREY ROW 2 4
1343773 31 BACHMAN TERR $694,900 3STOREY ROW 2 4
1342872 58 BLACKDOME CRES $699,000 2STOREY ROW 3 2
1351794 7 CURRAN ST $699,000 2STOREY DETACH 3 2
1347144 80 GOLDRIDGE DR $699,900 2STOREY ROW 3 3
1350013 70 MERSEY AVE $699,900 2STOREY DETACH 3 3
1343158 27 BACHMAN TERR $704,900 3STOREY ROW 4 4
1345027 45 BACHMAN TERR $714,900 3STOREY ROW 3 3
1344899 110 MACASSA CIR $724,900 SPLIT ROW 3 3
1348075 51 WATERTHRUSH CRES $724,900 BUNGLOW SEMIDET 3 3
1333567 69 EQUESTRIAN DR $729,900 2STOREY DETACH 3 3
1344890 37 BACHMAN TERR $734,900 3STOREY ROW 4 4
1350053 993 KLONDIKE RD $735,000 2STOREY ROW 3 3
1339680 432 MEADOWBREEZE DR $739,900 2STOREY ROW 4 3
1349133 283 KINGHAVEN CRES $749,000 2STOREY ROW 3 4
1347577 95 VILLAGE GREEN $749,999 2STOREY DETACH 4 2
1345492 21 WESTMEATH CRES $757,000 2STOREY DETACH 3 3
1352433 2 SEWELL WAY $769,900 2STOREY DETACH 4 3
1348719 554 HITZLAY CRES $770,250 2STOREY ROW 3 3
1352974 66 MACASSA CIR $790,000 3STOREY ROW 2 3
1352026 42 FOULIS CRES $794,000 BUNGLOW ROW 3 3
1348104 4 TURNBULL AVE $799,900 2STOREY DETACH 3 3
1351607 26 FOXLEIGH CRES $799,900 2STOREY DETACH 4 4
1353089 33 SPUR AVE $799,900 2STOREY DETACH 4 4
1353349 58 BRIDLE PARK DR $799,900 2STOREY DETACH 4 3
1347391 182 OVERBERG WAY $809,900 2STOREY ROW 3 4
1352046 194 FLOWING CREEK CIR $829,900 2STOREY DETACH 4 4
1348237 65 CROWNRIDGE DR $839,900 2STOREY DETACH 3 3
1352949 24 RIVERGREEN CRES $839,900 2STOREY DETACH 3 3
1352972 140 BRIDGESTONE DR $849,900 2STOREY DETACH 4 3
1339798 819 PETRA PVT $850,000 3STOREY ROW 3 4
1352306 135 SOLARIS DR $855,000 2STOREY DETACH 4 4
1351387 441 TILLSONBURG ST $875,000 2STOREY DETACH 3 3
1350782 122 WHERNSIDE TERR $885,000 2STOREY DETACH 4 4
1353183 2 BRADLEY FARM CRT $899,900 2STOREY DETACH 4 4
1346499 4 BRADLEY FARM CRT $899,999 2STOREY DETACH 6 4
1348913 26 PELLAN CRES N $936,000 2STOREY DETACH 4 3
1348723 15 RUTHERFORD CRES $945,000 2STOREY DETACH 4 3
1346322 803 OAKSIDE CRES $959,000 2STOREY DETACH 5 4
1348720 360 ABBEYDALE CIR $969,900 2STOREY DETACH 4 3
1346305 614 BRIDLEGLEN CRES $979,990 2STOREY DETACH 3 3
1330947 27 SOLARIS DR $989,900 2STOREY DETACH 4 4
1350083 19 RUTHERFORD CRES $989,900 2STOREY DETACH 4 4
1342008 42 STONECROFT TERR $998,000 BUNGLOW DETACH 4 3
1346782 178 GYRFALCON CRES $999,000 2STOREY DETACH 5 4
1347064 11 TURTLE POINT PVT $999,000 BGWL ROW 4 4
1347484 2004 ALLEGRINI TERR $999,900 2STOREY DETACH 4 3
1343628 343 SUGAR PINE CRES $1,029,000 2STOREY DETACH 3 3
1350372 10 JARLAN TERR $1,039,000 2STOREY DETACH 4 3
1346589 11 MENDOZA WAY $1,049,000 2STOREY DETACH 4 3
1352264 328 LAUGHLIN CIR $1,050,000 2STOREY DETACH 4 3
1345277 8 EVANSHEN CRES $1,100,000 2STOREY DETACH 4 3
1350338 26 VARLEY DR $1,150,000 2STOREY DETACH 4 3
1349314 9 ROSETHORN WAY $1,188,800 2STOREY DETACH 5 4
1345120 138 STEEPLE CHASE DR $1,199,900 2STOREY DETACH 4 4
1350186 36 ROSENFELD CRES $1,225,000 2STOREY DETACH 4 4
1340309 123 GRAINSTONE WAY $1,299,900 2STOREY DETACH 4 4
1350133 50 OSPREY CRES $1,299,900 2STOREY DETACH 8 5
1345061 28 GREENSAND PL $1,300,000 2STOREY DETACH 4 4
1343176 396 HUNTSVILLE DR $1,349,000 2STOREY DETACH 4 4
1344490 250 KETCHIKAN CRES $1,395,800 2STOREY DETACH 4 4
1346597 55 IRONSIDE CRT $1,399,000 2STOREY DETACH 4 3
1350049 523 BRECCIA HTS $1,399,000 2STOREY DETACH 4 5
1350623 139 INGERSOLL CRES $1,424,900 2STOREY DETACH 5 3
1345728 348 ABBEYDALE CIR $1,450,000 2STOREY DETACH 5 5
1352289 60 ROSENFELD CRES $1,495,000 2STOREY DETACH 4 4
1352517 15 KANATA ROCKERIES PVT $1,495,000 2STOREY DETACH 4 5
1352529 65 IRONSIDE CRT $1,499,000 2STOREY DETACH 5 3
1345689 1098 BLANDING ST $1,539,000 2STOREY DETACH 4 5
1347414 525 BRECCIA HTS $1,548,000 2STOREY DETACH 5 5
1349077 44 IRONSIDE CRT $1,625,000 2STOREY DETACH 4 4
1351597 3 GOULDING CRES $1,685,000 2STOREY DETACH 4 3
1349776 65 WALDEN DR $1,750,000 2STOREY DETACH 6 5

Homes for sale in Kanata – Homes for sale in Ottawa

 

 

Count on us to provide you with the true value. This free service will ensure you make an informed decision for your next home purchase in Kanata.

ASK FOR OUR FREE “PROPERTY REPORT ON VALUE AND COMPARABLE”.

 

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LOADING

For sale $1,120,000
27 KINGSFORD CRESCENT, Kanata, Ontario

27 Kingsford Crescent

Kanata, Ontario

5 Bedroom 3 Bathroom
For sale $924,990
534 ROUNCEY ROAD, Kanata, Ontario

534 Rouncey Road

Kanata, Ontario

4 Bedroom 4 Bathroom
For sale $579,900
63 JACKMAN TERRACE, Kanata, Ontario

63 Jackman Terrace

Kanata, Ontario

3 Bedroom 2 Bathroom
For sale OPEN HOUSE $697,500
10 CHIMO DRIVE, Kanata, Ontario

10 Chimo Drive

Kanata, Ontario

3 Bedroom 2 Bathroom
For sale $1,599,000
45 SYNERGY WAY, Kanata, Ontario

45 Synergy Way

Kanata, Ontario

5 Bedroom 4 Bathroom
For sale OPEN HOUSE $549,900
69 CEDAROCK DRIVE, Kanata, Ontario

69 Cedarock Drive

Kanata, Ontario

3 Bedroom 3 Bathroom
For sale $1,059,100
126 BOULONNAIUS GROVE, Kanata, Ontario

126 Boulonnaius Grove

Kanata, Ontario

4 Bedroom 4 Bathroom
For sale $747,000
615 REMNOR AVENUE, kanata, Ontario

615 Remnor Avenue

Kanata, Ontario

3 Bedroom 3 Bathroom
For sale $819,900
152 FLAMBOROUGH WAY, kanata, Ontario

152 Flamborough Way

Kanata, Ontario

4 Bedroom 4 Bathroom
For sale OPEN HOUSE $949,900
31 RIOPELLE COURT, Kanata, Ontario

31 Riopelle Court

Kanata, Ontario

5 Bedroom 3 Bathroom
For sale $1,148,800
8 LOYAL HILL CRESCENT, kanata, Ontario

8 Loyal Hill Crescent

Kanata, Ontario

4 Bedroom 4 Bathroom
For sale OPEN HOUSE $1,419,000
1086 BLANDING STREET, Kanata, Ontario

1086 Blanding Street

Kanata, Ontario

5 Bedroom 4 Bathroom
Interested?
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Residential in Ottawa Real Estate shows -15% Down from last year Average price – Ottawa Homes for Sale – Kanata homes for sale – Barrhaven homes for sale

Author: John Kennedy
Categories: 2023 - Market Information,KANATA BRIDLEWOOD HOMES FOR SALE,KANATA HOME PRICES,KANATA HOMES,KANATA HOMES FOR SALE,KANATA PROPERTIES,KANATA REAL ESTATE,KANATA REAL ESTATE NEWS,KANATA TOWNHOMES FOR SALE,Ottawa Condo Market News,Ottawa Condo Prices,Ottawa home listings,Ottawa homes and condos,Ottawa homes for sale,OTTAWA HOMES FOR SALE Mls,Ottawa Real Estate News,REAL ESTATE NEWS KANATA AND OTTAWA

Residential in Ottawa Real Estate shows -15% Down from last year Average price – However, it marks a 5% increase over January 2023.

Resale Market Stabilizes in February with a Glimmer of Hope for Buyers and Sellers Alike!

OREB NEWS

March 3, 2023

Members of the Ottawa Real Estate Board (OREB) sold 855 residential properties in February through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,411 in February 2022, a decrease of 39%. February’s sales included 633 in the freehold-property class, down 42% from a year ago, and 222 in the condominium-property category, a decrease of 31% from February 2022. The five-year average for total unit sales in February is 1,157.

“We’re going to see declines in transactions and prices when we compare current figures to last February — the height of the pandemic resale market activity,” says Ottawa Real Estate Board’s President Ken Dekker. “On the other hand, with the Bank of Canada holding interest rates steady, prospective buyers have more budget certainty to work with as we head into the spring market.”

By the Numbers – Average Prices*:

  • The average sale price for a freehold-class property in February was $708,968, a decrease of 15% from 2022. However, it marks a 5% increase over January 2023.
  • The average sale price for a condominium-class property was $410,927, decreasing 12% from a year ago.
  • With year-to-date average sale prices at $695,086 for freeholds and $411,449 for condos, these values represent a 14% decrease over 2022 for freehold-class properties and a 10% decrease for condominium-class properties.

“The average price increase for freeholds over January could be an indicator that buyers have normalized to the current interest rates. And perhaps, it’s a glimmer of more activity to come in the months ahead.”

By the Numbers – Inventory & New Listings:

  • Months of Inventory for the freehold-class properties has increased to 2.8 months from 0.7 months in February 2022.
  • Months of Inventory for condominium-class properties has increased to 2.5 months from 0.7 months in February 2022.
  • February’s new listings (1,366) were 22% lower than February 2022 (1,762) and up 3% from January 2023 (1,323). The 5-year average for new listings in February is 1,632.
  • Days on market (DOM) for freeholds decreased from 43 to 37 days and 47 to 43 days for condos compared to last month.

“A decrease in the days on market, paired with fewer new listings entering the market, is good news for sellers,” says Dekker. “However, if that trend continues to impact our supply stock and we don’t get more inventory, our otherwise balanced market could swing back into seller’s territory — but it’s too early to predict.”

“The best advice for sellers and buyers in today’s market is to pay close attention to the comparison and competition insights only a REALTOR® can offer. Ottawa is made up of many micro-markets, and neighbourhood-level data is vital to standing out and closing deals.”

REALTORS® also help with finding rentals and vetting potential tenants. Since the beginning of the year, OREB Members have assisted clients with renting 995 properties compared to 800 last year at this time, an increase of 24%.

 

 

Details:

Average Sale Price February 2023= from $708,172 down to $620,088 (-12.4% down)

Quantity of sales: 2471 down to 1513 in Feb 2023 (-38% down)

CDOM= Re-listed : Days on Market from 27 to 69 days ( more days on market:  +42 days)

DOM= Days on Market – from 19 days TO 44 days longer in 2023 ( more days on market:  +25 days)

 

 

 

 

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Ottawa Real Estate Market news Feb 2023 – Kanata Real Estate Market news Feb 2023 – Join our newsletter

Author: John Kennedy
Categories: KANATA BRIDLEWOOD HOMES FOR SALE,KANATA HOME PRICES,KANATA HOMES,KANATA HOMES FOR SALE,KANATA PROPERTIES,KANATA REAL ESTATE,KANATA REAL ESTATE NEWS,KANATA REMAX,KANATA TOWNHOMES FOR SALE,Ottawa Condo Market News,Ottawa Condo Prices,Ottawa home listings,Ottawa homes and condos,Ottawa homes for sale,OTTAWA HOMES FOR SALE Mls,Ottawa Real Estate News,REAL ESTATE NEWS KANATA AND OTTAWA

February 2023 – Resale Market Starts Slow as Buyers Remain Cautious

February 2, 2023

Members of the Ottawa Real Estate Board (OREB) sold 606 residential properties in January through the Board’s Multiple Listing Service® (MLS®) System, compared with 933 in January 2022, a decrease of 35%. January’s sales included 460 in the freehold-property class, down 30% from a year ago, and 146 in the condominium-property category, a decrease of 47% from January 2022. The five-year average for total unit sales in January is 819.

“January’s marked slow down in unit sales over 2022 indicates potential home buyers are taking their time,” says OREB President Ken Dekker. “While last month saw the culmination of the succession of interest rate hikes announced by the Bank of Canada, affordability remains a factor. They may be waiting for a shift in listing prices. They’re being cautious in uncertain conditions.”

By the Numbers – Average Prices*:

  • The average sale price for a condominium-class property in January was $412,244, a decrease of 8% from 2022.
  • The average sale price for a freehold-class property was $676,272, decreasing 12% from a year ago.

“Despite the decrease in average prices, the market should not be considered on a downward slide,” says Dekker. “A hyper COVID-19 seller’s market is now leveling out to our current balanced market state.”

“On a positive note, in comparison to December’s figures, January’s average price of freehold properties increased by 3%. The average price of condos did fall by 5% compared to December but condo pricing tends to fluctuate more due to the small data set.”

By the Numbers – Inventory & New Listings:

  • Months of Inventory for the freehold-class properties has increased to 3.8 months from 0.9 months in January 2022.
  • Months of Inventory for condominium-class properties has increased to 3.8 months from 0.8 months in January 2022.
  • January’s new listings (1,324) were 16% higher than 2022 (1,142) and up 89% from December 2022 (699). The 5-year average for new listings in January is 1,233.

“Ottawa’s inventory and days on market figures are typical for a balanced market and another sign that buyers are no longer racing to put in an offer,” says Dekker. “The increase in new listings and supply is a boon for home buyers, who now have more selection and the ability to put in conditions at a less frantic pace. REALTORS® are an essential resource in finding the right property for the right buyer. On the other side of the transaction, REALTORS® can help sellers with hyper-local insights about how to sell in their neighbourhood at a time when pricing is key.”

More people are turning to REALTORS® for help renting properties — 509 this month compared to 410 in January 2022, an increase of 24%. “Even with the increase in housing stock, the tighter rental market is another indication that affordability is keeping some potential buyers on the sidelines.”

* OREB cautions that the average sale price can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The calculation of the average sale price is based on the total dollar volume of all properties sold. Price will vary from neighbourhood to neighbourhood.

 

 

Market Prices Sold and Changes

2022 AWARD WINNER FOR SALES AND CUSTOMER SATISFACTION

Thank you for your trust and referrals!

 


 

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BUY YOUR 1ST HOME WITH YOUR RRSPs – Ottawa homes for sale 2023 – Ottawa real estate news

Author: John Kennedy
Categories: KANATA BRIDLEWOOD HOMES FOR SALE,KANATA HOME PRICES,KANATA HOMES,KANATA HOMES FOR SALE,KANATA PROPERTIES,KANATA REAL ESTATE,KANATA REAL ESTATE NEWS,KANATA REMAX,KANATA TOWNHOMES FOR SALE,Ottawa Condo Market News,Ottawa Condo Prices,Ottawa homes for sale,OTTAWA HOMES FOR SALE Mls,Ottawa Real Estate News,REAL ESTATE NEWS KANATA AND OTTAWA

How to participate in the Home Buyers’ Plan (HBP)

No obligation. No cost to have the answers explained to you. 

 

Easy ways to buy a Home in Ottawa.Homes for sale.

 

The Home Buyers’ Plan (HBP) is a program that allows you to withdraw funds from your Registered Retirement Savings Plans (RRSPs) to buy in Ottawa or build a qualifying home for yourself or for a related person with a disability. The HBP allows you to pay back the withdrawn funds within a 15-year period.

Buyer Questions:

Can I buy my home with my RRSPs? Yes

Can I borrow my downpayment (deposit) to buy a home in Ottawa?  Get all the answers.

Will John help me and take the time to show me step by step? Yes

Call for our 30 minutes FREE consultation with no obligation.

PROFESSIONAL HELP IS ON IT’S WAY….

BOOK YOUR FREE 30 MINUTES CONSULTATION MEETING AND RECEIVE A :

FREE BUYERS GUIDE – IT SHOWS YOU STEP-BY-STEP BEFORE YOU BUY A HOME IN TODAYS MARKET, WHAT TO PLAN FOR AND WHAT TO EXPECT.

HOW TO GET THE BEST PRICE. WHAT TO LOOK FOR BEFORE BUYING A HOME, ITS STRUCTURE. HOW TO AVOID COMMON MISTAKES. HOW TO OFFER YOUR PRICE… ECT

 

RECEIVE A CURRENT LIST OF HOMES THAT FITS YOUR BUDGET DAILY.

 

CALL JOHN TODAY  AND START OWNING YOUR 1ST HOME!

 

Home Buyers’ Plan (HBP)  link

 

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How can I make a lot of money in real estate? Kanata Real Estate – March 13 2021 – Kanata Home prices March 2021 – Kanata homes for Sale – Latest News in Kanata Real Estate

Author: John Kennedy
Categories: KANATA BRIDLEWOOD HOMES FOR SALE,KANATA HOME PRICES,KANATA HOMES,KANATA HOMES FOR SALE,KANATA PROPERTIES,KANATA REAL ESTATE,KANATA REAL ESTATE NEWS,KANATA TOWNHOMES FOR SALE,REAL ESTATE NEWS KANATA AND OTTAWA

Kanata Homes for Sale – March 13, 2021

  • The Question this week in Kanata real estate – Ottawa real estate.

  • How can I make a lot of money in real estate?

    I received this question just the other day, and really  got taken by it. Yes I had the answer, but never really put it into these words. My simple answer to this young man was “ Start buying real estate early” you need to get into the market and stay in it. That way you learn and earn as you go.

  • The money trick to Real Estate “ How can I make a lot of money in real estate.. Answer is simple : (Time = value in Real Estate.) Kanata Real Estate and Ottawa Real Estate are now seeing +31% yearly since Feb 2021. I don’t think anyone can save such funds with a job, savings in a bank vs as in a property.

  • So if you are looking at buying a home, or a condo, or thinking of starting to invest in rental properties, in KANATA or OTTAWA real estate market. You should sit with me, so we can go over your options available.

  • My free 30 minutes advise session will give you the answers and will included a Free pdf booklet:

  • Step by step “Buying your first home” in Kanata or Ottawa.

  • 10 steps you should follow when investing in Real Estate and plan to retire at 55.

  • Step by step real estate investment guide.

  • Real estate getting started “ leveraging” and why this works.

  • No fees for buyers !

  • Have more questions in Kanata Real Estate or Ottawa Real Estate shoot me an email.

  • Your local Kanata and Ottawa homes for sale expert.

  • As Always: here to help, always talking Real estate, always loving real estate.

 

HOMES WITH 4 BEDROOMS SOLD PRICES IN KANATA TODAY

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Kanata Real Estate Market News – March 3 2021 – Kanata Home prices March 2021 – Kanata homes for Sale – Latest News in Kanata Real Estate

Author: John Kennedy
Categories: KANATA BRIDLEWOOD HOMES FOR SALE,KANATA HOME PRICES,KANATA HOMES,KANATA HOMES FOR SALE,KANATA PROPERTIES,KANATA REAL ESTATE,KANATA REAL ESTATE NEWS,KANATA TOWNHOMES FOR SALE,REAL ESTATE NEWS KANATA AND OTTAWA


HOMES WITH 4 BEDROOMS SOLD PRICES IN KANATA TODAY

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Kanata Homes for Sale

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Kanata Real Estate market news – Feb 23, 2021 – Kanata Home prices Feb 2021 – Kanata homes for Sale – Latest News in Kanata Real Estate

Author: John Kennedy
Categories: KANATA BRIDLEWOOD HOMES FOR SALE,KANATA HOME PRICES,KANATA HOMES,KANATA HOMES FOR SALE,KANATA PROPERTIES,KANATA REAL ESTATE,KANATA REAL ESTATE NEWS,KANATA TOWNHOMES FOR SALE,REAL ESTATE NEWS KANATA AND OTTAWA


HOMES WITH 4 BEDROOMS SOLD PRICES IN KANATA TODAY

Source OREB

REQUEST A FREE HOME EVALUATION

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Kanata Real Estate market news – Feb 23, 2021 – Kanata homes for Sale – Latest News in Kanata Real Estate

Author: John Kennedy
Categories: KANATA BRIDLEWOOD HOMES FOR SALE,KANATA HOME PRICES,KANATA HOMES,KANATA HOMES FOR SALE,KANATA PROPERTIES,KANATA REAL ESTATE,KANATA REAL ESTATE NEWS,KANATA TOWNHOMES FOR SALE,REAL ESTATE NEWS KANATA AND OTTAWA

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HOMES FOR SALE IN KANATA TODAY

Kanata Real Estate market news – Feb 23 2021 – Kanata homes for Sale – Latest News in Kanata Real Estate – KANATA HOMES FOR SALE

Prices in Residential went up +31.2% from last January 2020 to January 2021…get the answers from me. Guidance Selling and Buying Real Estate.

 

 

 Source: Our Ottawa Real Estate board

REPORT:  Feb 16 2021

Average Prices and Changes

All Real estate types of properties in Kanata and Ottawa’s. See this next chart on what’s happening to Residential vs other types.

Price ranges and changes

 

We still have low inventory – it’s a great time to sell


My information and research is based on the CREA and OREB stats and charts for this month.

 

Pent-up Buyer Demand Drives January’s 2021 Resale Market!

OTTAWA, February 3, 2021 – Members of the Ottawa Real Estate Board sold 964 residential properties in January through the Board’s Multiple Listing Service® System, compared with 778 in January 2020, an increase of 24 per cent. January’s sales included 674 in the residential-property class, up 21 per cent from a year ago, and 290 in the condominium-property category, an increase of 31 per cent from January 2020. The five-year average for total unit sales in January is 786.
“Pent-up Buyer demand fueled the exceptional number of sales that took place in January even as the mid-month lockdown further restricted supply. Earlier in the month, listing activity increased, likely driven by those Sellers waiting until after the holiday season to put their properties on the market.

However, once the Stay-at-Home Order was announced, Sellers pulled back (rightfully so) and the number of properties entering the market declined,” states Ottawa Real Estate Board President Debra Wright.
“Even though inventory is up from last month, it is still down substantially from last year at this time with 43% fewer properties on the market. This inventory shortage coupled with strong demand triggered a brisk pace to the market. We would have certainly seen higher sales numbers if there were more properties available because the demand is definitely there.”

January’s average sale price for a condominium-class property was $380,336, an increase of 13 per cent from last year, while the average sale price of a residential-class property was $677,197, an increase of 31 per cent from a year ago. Compared to December, the average price for residential-class properties has increased by 12 per cent, and the average price for condominium-class units is 7 per cent higher.* range, while last year at this time, there were only 16 transactions. Sustained price movements are better reflected during the mid to latter part of the year, where trends begin to emerge, and comparisons can be drawn,” advises Wright. “This leads me into my next point – market activity has curtailed, there is no question about that, with January resale numbers lower than what we saw in December. But the effects of this second lockdown will not be entirely measurable until the coming months, dependent on when the mandated Stay- at-Home Order is retracted. If the lockdown is extended, that could affect the market in the longer term; however, as we saw last year, the market was resilient throughout and is being driven by the needs of Buyers and Sellers,” Wright concludes.

In addition to residential sales, OREB Members assisted clients with renting 333 properties in January 2021 compared with 243 in January 2020.
* The Board cautions that the average sale price can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The calculation of the average sale price is based on the total dollar volume of all properties sold. Price and conditions will vary from neighbourhood to neighbourhood. “I would like to caution those looking at the increase in average prices this month and believing that property values are accelerating at an extreme pace. In January, there was considerable movement in the upper end of the market, which caused a bit of an anomalous outcome in average price percentages. For example, there were 63 sales in the $1M+ price

 

HOMES FOR SALE IN KANATA TODAY

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74 WATERTON CRES, Kanata K2M 1Z2

CREA DDF® Data

 

 

 

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