Ottawa Real Estate Growth Rate
Roch St-Georges 6 years ago

The following is the Ottawa Real Estate Market's Growth Rate. The Ottawa Real Estate Board tracks the average sale price of properties in the Ottawa area between 1980 to today. 

Along with the Ottawa Real Estate Growth Rate for sale price the board also tracks the number of homes sold every year as well as the total dollar volume of all the transactions. The last column contains the amount of agents that were members of the Ottawa Real Estate Board. This number has been around 3,000 for the las...
City of Ottawa real estate division
Roch St-Georges 6 years ago

The City of Ottawa is served by the Ottawa Real Estate board which represents 3,000 real estate agents. The service area of the Ottawa real estate board extends past the City of Ottawa's boundaries. The board outlines MLS® districts and City of Ottawa real estate division. Many, larger neighbourhoods have two MLS® district numbers such as Vanier, Overbrook, Westboro, etc.

As of February 2018 the Ottawa real estate board has a total 379 MLS® districts. This allows your Realtor to better select y...
Roch St-Georges 6 years ago

Low inventory levels and mortgage rules changes has made the Ottawa Real Estate market really hot. Looking at inventory levels the Ottawa Real Estate Market home availability has been going down to the point where many buyers are finding themselves in multiple offer scenarios.

The average sell price of a residential class property sold in February 2018 in the Ottawa area was $429,600 an increase of 2.7% over February 2017. Condos on the other hand saw a bigger jump at 5.6% with the average pric...
Ottawa Real Estate Board Fees
Roch St-Georges 6 years ago

Want to become a real estate agent in Ottawa? Want to join the Ottawa Real Estate Board as a Realtor but curious to know what real estate agents pay to the board?

Ottawa Real Estate Board Fees / Bills

Board fees are only some of the expenses incurred by Ottawa real estate agents. These fees are billed monthly by the Ottawa real estate board and give their members access to the MLS®, Teranet and a portion donated to the Realtor Care Foundation

The Ottawa Real Estate Board has many tasks in...
Ontario's New Standard Residential Lease
Roch St-Georges 6 years ago

Landlords and REALTORS® have previously been using various types of residential leases when entering in tenancies with tenants. Real estate agents from the Ottawa Real Estate Board were using the Ottawa Real Estate Boards residential lease below.

Starting April 30th 2018, landlords of most private residential rental units will now be forced to used the standard Ontario residential lease template rather than the Ottawa Real Estate board residential lease. The new Ontario standard residential l...
How Many Real Estate Agents are in Ottawa?
Roch St-Georges 6 years ago

With 17,083 homes sold in 2017 it was a good year for the Ottawa Real Estate Market. Average home prices have increased by 5.5% from 2016. The Ottawa Real Estate Board manages the Ottawa's MLS® system for it's real estate agents/members. So, just how many licensed real estate agents are there in Ottawa? The chart below shows how many active members were part of the Ottawa Real Estate Board for each year since 1980. The amount of Realtors® has been steady at about 3,000 for the last few years. Wi...

Ottawa could see a surge in commercial growth in 2018
Roch St-Georges 6 years ago

2017 was a great year for the commercial real estate market. Many economics believe 2018 will be just as good. Large cities such as Vancouver and Toronto often lead the commercial market by the amount of activity but experts say Ottawa, Montreal as well as Calgary will see a good year.

Read more about the subject by visiting Buzzbuzzhome. Want to discuss buying real estate in Ottawa or selling commercial, multi-family or land? Call Roch St-Georges at 613-889-7732 to discuss your real estate g...
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