Kris Sherry's Blog

Ottawa’s MLS® Market Activity Shows Strong Start to the Year

Posted on: March 7th, 2024 by Kris Sherry

The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 886 units in February 2024. This was an increase of 15.2% from February 2023. Home sales were 13.8% below the five-year average and 5.7% below the 10-year average for the month of February. “Even with higher prices and the […]

Ottawa’s MLS® Market Thawed in January but Sales Still Slow

Posted on: February 7th, 2024 by Kris Sherry

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 629 units in January 2024. This was an increase of 16.5% from January 2023. Home sales were 10.7% below the five-year average and 3.9% below the 10-year average for the month of January. “Ottawa’s market activity is seeing […]

Ottawa MLS® December Home Sales Close Out Year in Steady State

Posted on: January 5th, 2024 by Kris Sherry

The number of homes sold through the MLS® System of the Ottawa Real Estate Board totalled 565 units in December 2023. This was an increase of 7.6% from December 2022. Home sales were 16% below the five-year average and 11.9% below the 10-year average for the month of December. On a year-to-date basis, home sales […]

Ottawa MLS® Home Sales Stable in November Amid Growing Supply

Posted on: December 5th, 2023 by Kris Sherry

  The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 724 units in November 2023. This was a small reduction of 1.6% from November 2022. Home sales were 31.8% below the five-year average and 27.4% below the 10-year average for the month of November. On a year-to-date basis, […]

Ottawa MLS® October Home Sales Show Typical Lull

Posted on: November 7th, 2023 by Kris Sherry

The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 816 units in October 2023. This was a small reduction of 2.7% from October 2022. Home sales were 36.4% below the five-year average and 30.8% below the 10-year average for the month of October. On a year-to-date basis, home […]

Ottawa MLS® Home Sales Hold Steady in Lackluster September

Posted on: October 7th, 2023 by Kris Sherry

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 946 units in September 2023. This was unchanged from September 2022. Home sales were 29.6% below the five-year average and 23.6% below the 10-year average for the month of September. On a year-to-date basis, home sales totaled 9,889 […]

Ottawa Resale Market Stalls in August, Supply Challenges Persist

Posted on: September 8th, 2023 by Kris Sherry

Members of the Ottawa Real Estate Board (OREB) sold 1,196 residential properties in August through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,130 in August 2022, an increase of 6%. August’s sales included 903 in the freehold-property class, up 7% from a year ago, and 293 in the condominium-property category, a 2% increase […]

Stabilized July Resale Market Showing Positive Price Gains

Posted on: August 3rd, 2023 by Kris Sherry

Members of the Ottawa Real Estate Board (OREB) sold 1,263 residential properties in July through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,102 in July 2022, an increase of 15%. July’s sales included 979 in the freehold-property class, up 18% from a year ago, and 284 in the condominium-property category, a 6% increase […]

June’s Resale Market Eases into Summer

Posted on: July 5th, 2023 by Kris Sherry

Members of the Ottawa Real Estate Board (OREB) sold 1,658 residential properties in June through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,493 in June 2022, an increase of 11%. June’s sales included 1,234 in the freehold-property class, up 10% from a year ago, and 424 in the condominium-property category, a 16% increase […]

Ottawa resale market heats up in May

Posted on: June 5th, 2023 by Kris Sherry

  Members of the Ottawa Real Estate Board (OREB) sold 1,939 residential properties in May through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,830 in May 2022, an increase of 6%. May’s sales included 1,477 in the freehold-property class, up 8% from a year ago, and 462 in the condominium-property category, a 1% […]

From Kris' Blog

Ottawa’s MLS® Market Activity Shows Strong Start to the Year

The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 886 units in February 2024. This was an increase of 15.2% from February 2023. Home sales were 13.8% below the five-year average and 5.7% below the 10-year average for the month of February. “Even with higher prices and the ...

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