Ottawa Market Insider

OTTAWA, ON –– October. The big news for September is the vast number of new home openings and releases in Ottawa – 10! The majority of new openings were in Ottawa West. [..] Read more:  PMA Market Insider –– September 2018  

OTTAWA, ON –– September. August new home sales, similar to July’s, decreased compared to the same period last year, but were consistent with more normal sales trends of previous years. [..] Read more:  PMA Market Insider –– August 2018  

OTTAWA, ON –– August. 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:  PMA Market Insider –– July 2018  

OTTAWA, ON –– July. 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:  PMA Market Insider –– June 2018  

OTTAWA, ON –– May. 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:  PMA Market Insider –– June 2018  

OTTAWA, ON –– May. 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:  PMA Market Insider –– April 2018  

OTTAWA, ON –– April. While home sales dropped across the country, the Ottawa market is getting hotter and hotter. Read more:  PMA Market Insider –– March 2018  

OTTAWA, ON –– March. 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:  PMA Market Insider –– February 2018  

OTTAWA, ON –– February. 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:  PMA Market Insider –– January 2018  

OTTAWA, ON –– January. Congratulations Ottawa new home builders on an incredible year of sales in 2017! Read more:  PMA Market Insider –– December 2017  

OTTAWA, ON –– December. The Ottawa market has proven its resilience against downward pressures such as the new mortgage rules, interest rate hikes, and higher land and construction costs for builders. Read more:  PMA Market Insider –– November 2017  

OTTAWA, ON –– October. A vast majority of Ottawa’s new home builders have far surpassed their year-to-date sales numbers compared to 2016 […]This upswing trend and other market indicators are pointing to a strong close to 2017 and a positive outlook on next year’s results. Read more:  PMA Market Insider –– October 2017  

OTTAWA, ON –– September. Following several months of strong sales performance by Ottawa new home builders, sales are slowly tapering off but still continue to exceed 5-year averages. Read more:  PMA Market Insider –– September 2017  

OTTAWA, ON –– August 2017. In spite of a second interest-raise by the Bank of Canada, Ottawa’s Real Estate market continues to outperform. Read more:  PMA Market Insider –– August 2017  

OTTAWA, ON –– July 2017. July New Home sales continue to defy expectations, while 2017 appears to be ushering in a trend of recovery for Ottawa’s condo resale market. Read more: PMArket Insider –– July 2017

OTTAWA, ON –– June 2017. Record breaking New Home Sales in June soar by 91% over the same period last year… Read more: PMArket Insider –– June 2017