Ottawa House for Sale
How much can you spend on a home?

In a matter of months, home affordability has changed drastically across Canada. A major reason is that a new stress test on uninsured home buyers – known as the B20 rules – went into effect at the beginning of the year, following a similar test on insured buyers.
Affordability graphic 

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Hot Market in an Icy April

Members of the Ottawa Real Estate Board sold 2,032 residential properties in April through the Board’s Multiple Listing Service® System, compared with 1,788 in April 2017, an increase of 13.6 per cent. 
Ottawa Real Estate Board, May 3, 2018

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Buyers Get a Jump on the Spring Market

Members of the Ottawa Real Estate Board sold 1,660 residential properties in March through the Board’s Multiple Listing Service® System, compared with 1,478 in March 2017, an increase of 12.3%.
Ottawa Real Estate Board, April 5, 2018

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Wanted: Ottawa Homes for Sale

Members of the Ottawa Real Estate Board sold 979 residential properties in February through the Board’s Multiple Listing Service® System, compared with 1,002 in February 2017, a decrease of 2.3%.
Ottawa Real Estate Board, March 5, 2018. 

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Low Inventory Could Leave Some Buyers Out in the Cold

Members of the Ottawa Real Estate Board sold 712 residential properties in January through the Board’s Multiple Listing Service® System, compared with 664 in January 2017, an increase of 7.2%. The five-year average for January sales is 638.
Ottawa Real Estate Board, Feb 4, 2018

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