Market Watch Monday 3-22-2021

By in Market Update

Many people are asking us if Ottawa is in a bubble, and what that means for homeowners and those looking to make a move. Here at LIFE, we think that your home is an investment, and often one of your largest assets. With that in mind, we recognize that prices have been going up, and […]

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Market Watch Monday 3-15-2021

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Our Real Estate Market in Ottawa is experiencing sky-rocketing price increases and no signs of slowing down. If we see this demand continue to be high, we will see prices going up! While we do not believe we are in a bubble, we recognize that this trend will not go on forever but will settle […]

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Market Watch Monday 3-8-2021

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Spring is in the air! We are seeing an increase in the number of homes for sale and the number of days on market is holding steady at 6 days! That is a very quick turnaround time for our buyers and sellers. What does that mean for you? This Spring, if you are thinking of […]

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Market Watch Monday 3-1-2021

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Home prices are still skyrocketing, with no signs of slowing down. With every home that is sold, there are an average of 10 disappointed buyers walking away still looking for their happy place. With this kind of demand, it is good to have a real estate agent you can trust to guide you through this […]

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Market Watch Monday 2-22-2021

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When we look at these numbers, we can see that we have seen two major trends in the housing market in Ottawa over the past year. One is the skyrocketing price of homes and the other is the speed at which homes are selling. Both are important factors to consider if you are thinking of […]

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Market Watch Monday 2-15-2021

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Want to know what is happening in real estate this past week? We have seen some of the largest price jumps in both condos and residential homes than we have ever seen in recent years. What does that mean for you as a homeowner? Last week, several properties sold for prices far higher than other […]

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Market Watch Monday 2-8-2021

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We have seen a significant increase in average prices this month, this is largely in part to the number of sales above the $1M price range. The upward trend that we have been seeing is still happening, but maybe not quite as pronounced as what these numbers reflect. Time will tell. Buyer demand and affordability […]

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Market Watch Monday 2-1-2021

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Happy Back to School day! For some of us, this is a BIG day! Kids go back to school and parents all over Ottawa celebrate! What are you celebrating today? Did you know that your house has worked hard for you this year! Many homes in Ottawa have increased on average 20.6% since last year. […]

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