OTTAWA PMA MARKET INSIDER

JULY 2018

July new home sales were no exception to previous years. Sales slowed, but still out-performed monthly and year-to-date five-year averages. Read more...

JUNE 2018

For readers who are unfamiliar with last year’s exceptional sales performance by new home builders, June 2017 at 702 sales was truly an anomaly that was destined to outshine June 2018 sales. Read more...

MAY 2018

Tighter resale inventory is breeding multiple offers that in some areas of the city are driving up resale prices by tens of thousands of dollars over list. Our once balanced market continues to favour sellers. Read more...

APRIL 2018

Ever-increasing buyer demand, low resale inventory, bidding wars, and record-high prices are creating conditions for an unprecedented sellers’ market in Ottawa. The story is similar for new homes. Read more...

MARCH 2018

While home sales dropped across the country, the Ottawa market is getting hotter and hotter. Read more...

FEBRUARY 2018

In spite of the airing of the Olympic games, Winterlude activities, and a two-week stretch of bad weather, February results are on track for another strong year of sales for Ottawa new home builders. Read more...

JANUARY 2018

The outlook for this year is positive. The pent-up demand that we saw in 2017 is expected to continue, and as long as supply is sufficient, Ottawa new home sales can match and possibly surpass 2017 numbers. Read more...

 
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