Kris Sherry's Blog

Buyer Uncertainty Slows Down August Resales

Posted on: September 6th, 2022 by Kris Sherry

Members of the Ottawa Real Estate Board sold 1,137 residential properties in August through the Board’s Multiple Listing Service® System, compared with 1,565 in August 2021, a decrease of 27 per cent. August’s sales included 850 in the residential-property class, down 27 per cent from a year ago, and 287 in the condominium-property category, a […]

Residential Resale Slowdown Begins A Shift Towards Balance

Posted on: August 4th, 2022 by Kris Sherry

Members of the Ottawa Real Estate Board sold 1,110 residential properties in July through the Board’s Multiple Listing Service® System, compared with 1,718 in July 2021, a decrease of 35 per cent. July’s sales included 840 in the residential-property class, down 36 per cent from a year ago, and 270 in the condominium-property category, a […]

Residential Resale Market’s Shifting Benchmark Reality

Posted on: July 9th, 2022 by Kris Sherry

OTTAWA, July 6, 2022 – Members of the Ottawa Real Estate Board sold 1,508 residential properties in June through the Board’s Multiple Listing Service® System, compared with 2,122 in June 2021, a decrease of 29 per cent. June’s sales included 1,138 in the residential-property class, down 31 per cent from a year ago, and 370 […]

Ottawa’s May Residential Resales Underperform Expectations

Posted on: June 3rd, 2022 by Kris Sherry

Members of the Ottawa Real Estate Board sold 1,846 residential properties in May through the Board’s Multiple Listing Service® System, compared with 2,285 in May 2021, a decrease of 19 per cent. May’s sales included 1,384 in the residential-property class, down 22 per cent from a year ago, and 462 in the condominium-property category, a […]

April Residential Resales in a Flux

Posted on: May 4th, 2022 by Kris Sherry

Members of the Ottawa Real Estate Board sold 1,889 residential properties in April through the Board’s Multiple Listing Service® System, compared with 2,394 in April 2021, a decrease of 21 per cent. April’s sales included 1,419 in the residential-property class, down 23 per cent from a year ago, and 470 in the condominium-property category, a […]

March Resales Indicate Strong Spring Market

Posted on: April 5th, 2022 by Kris Sherry

Members of the Ottawa Real Estate Board sold 2,011 residential properties in March through the Board’s Multiple Listing Service® System, compared with 2,274 in March 2021, a decrease of 12 per cent. March’s sales included 1,493 in the residential-property class, down 12 per cent from a year ago, and 518 in the condominium-property category, a […]

Has Spring Sprung Early in Ottawa’s Resale Market?

Posted on: March 3rd, 2022 by Kris Sherry

Members of the Ottawa Real Estate Board sold 1,421 residential properties in February through the Board’s Multiple Listing Service® System, compared with 1,385 in February 2021, an increase of 3 per cent. February’s sales included 1,095 in the residential-property class, up 7 per cent from a year ago, and 326 in the condominium-property category, a […]

Frigid January Temperatures didn’t Cool Resale Market

Posted on: February 3rd, 2022 by Kris Sherry

Members of the Ottawa Real Estate Board sold 936 residential properties in January through the Board’s Multiple Listing Service® System, compared with 963 in January 2021, a decrease of 3 per cent. January’s sales included 661 in the residential-property class, down 2 per cent from a year ago, and 275 in the condominium-property category, a […]

2021 Resale Market Normalizes and Breaks Records

Posted on: January 6th, 2022 by Kris Sherry

Members of the Ottawa Real Estate Board sold 862 residential properties in December through the Board’s Multiple Listing Service® System, compared with 997 in December 2020, a decrease of 14 per cent. December’s sales included 601 in the residential-property class, down 15 per cent from a year ago, and 261 in the condominium-property category, a […]

Festive Spirit Around the World

Posted on: December 19th, 2021 by Kris Sherry

As we head into year two of celebrating scaled-back versions of the holidays because of the pandemic, some of us may be struggling to capture the spirit yet again. No matter what your faith or traditions, the month of December is highlighted by various customs and celebrations centered around happy, festive times filled with great […]

From Kris' Blog

Modest Gains Across Ottawa’s MLS® Market a Sign of Shared Confidence

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,456 units in April 2024. This was an increase of 8.9% from April 2023. Home sales were 2% below the five-year average and 6.9% below the 10-year average for the month of April. On a year-to-date basis, home ...

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