REAL ESTATE NEWS


What is The Hype Around Ottawa’s Boom Towns

What is The Hype Around Ottawa’s Boom Towns: Why “Rural” Ottawa Continues to Grow While we have seen an increase in home prices steady across the province over the last two years, rural outlier communities like Carleton Place, Arnprior and Kemptville have seen unprecedented growth and attention, handing them over “Boom Town” status. These Ottawa area...

What Will Your Next House Look Like?

What Will Your Next House Look Like? 10 Factors to Consider   Spring is such an exciting season for real estate professionals! New and current homeowners are gearing up to buy, and sellers are getting ready to cash in on their investment, and our TEAM is excited to help all clients navigate this process. However...

6 Amazing Home Renovation Trends you don’t want to miss!

6 Amazing Home Renovation Trends you don’t want to miss! While many people believe that new beginnings start when we ring in the new year, those familiar with real estate know that the real time for new beginnings is spring. As the snow melts away and buyers and sellers are getting geared up for making...

Home Staging: How to Make Your Home POP on a Budget

Home Staging: How to Make Your Home POP on a Budget. When it comes to selling your home, the process can be emotional,  time-consuming, and at times may feel overwhelming. After all, this is the house that you have spent years transforming into the perfect home, a safe place for you and your family. Now...

Higher Interest Rates on the Horizon: How Will You Be Affected?

As many of us saw in recent years, the global pandemic kicked off a drop in interest rates and the cost of borrowing money was lower than it had been in a while. However now, as the economy heads towards recovery, rising interest rates are a reality with whispers of bigger increases on the horizon...

Your Guide to Buying a Secondary Property in 2022

Buying a second property is an exciting venture, and for existing homeowners, there are different opportunities available to help make that dream become a reality. Secondary properties are purchased for many reasons, and in many cases can be a practical purchase that meets a variety of different needs. Whether you are looking to own two...

Real Estate Forecast 2022 – Why Ottawa Remains a Top Choice For Homeowners

Real estate in Ottawa is so great for so many reasons. Not only is the capital city a beautiful one filled with breathtaking scenery, extraordinary views, lively green space, and the ravishing Rideau River, it also is one of the most affordable major cities in the country, with a little something for everyone. Whether you...

Ottawa Real Estate Market Snapshot March 2022

    The March 2022 Ottawa Real Estate Board Stats are out!   Ottawa Real Estate Market Snapshot March 2022: March made for a busy month in comparison to February, however the number of sales were down from March of 2021. No more restrictions may have pushed attention elsewhere but as the weather continues to...

Beyond the Sign: Looking ahead at Ottawa’s spring and summer real estate markets

Beyond the Sign: Royal LePage Team Realty is featured in the City News article about how the Ottawa real estate market is heating up! After two years of COVID restrictions, the rules ease, and REALTORS® have begun holding in-person open houses again. As a result, according to experts, the local housing markets for both city...

Beyond the Sign: Worry-Free Winter Listing: 5 Reasons to Sell in the Cold Season

Royal LePage Team Realty was recently featured in a CityNews article selling in winter.  It may not sound like the most desirable season to list, but what many don’t know is that the cold weather season has an abundance of benefits that make the experience worthwhile. See here how selling your home this winter could...

Protecting Your Biggest Asset

Protecting Your Biggest Asset: If you have ever dropped your Iphone into water, or purchased a new car that malfunctions only a short time after, you are likely grateful for the all encompassing “warranty” that can resolve your problems at minimal cost. Protecting your assets is one of the smartest decisions you can make, and...

Ottawa Real Estate Market Snapshot February 2022

The February 2022 Ottawa Real Estate Board Stats are out!   Market Snapshot: It looks like Spring may come early in Ottawa with an increase of 52% more transactions in February than in January. The rise in activity could be due to the announcement of upcoming interest rate increases pushing buyers to get into the...

Scrapping Racially Insensitive Terminology: Saying So-Long to the “Master” Bedroom

Have you noticed the gradual shift in terminology in MLS listings lately? If you’re wondering when the term Primary Bedroom made its way into the home, and why, the short version is that it has become time to ditch the dated and discriminatory terms that have been normalized in our society. As an industry, we...

Ottawa Real Estate Market Snapshot January 2022

The January 2022 Ottawa Real Estate Board Stats are out!   Market Snapshot: January 2022’s sales were much like those of January 2021. Prices continued to rise as inventory remained low. Januarys condo market remained hot as sale prices are more attainable for buyers. If you’re considering a move we’re here to help answer any...

Ottawa Real Estate Market Snapshot December 2021

The December 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: A typical December resale market but, with Ottawa’s inventory shortage the pressure continues to increase sale prices. The Seller’s market held strong as December had less than one month’s supply of residential homes and condominiums. If you’re considering a move we’re here to...

Ottawa Real Estate Market Snapshot November 2021

The November 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The number of transactions were down from November of last year however, unit sales were up 14% from November of 2019 (pre-pandemic). Meanwhile the average sale price escalations we’ve seen have lightly tapered off. If you’re considering a move we’re here to help...

Carriage Trade: Buying and Selling Luxury Real Estate

With beautiful backdrops of Parliament and Gatineau hills, the Rideau River and more, Ottawa is a magnificent city that many flock to when searching for a town in which they can settle down and place roots. For those looking for homes that are as luxurious as the views they crave, Royal LePage TEAM Realty has...

Five Ways to Downsize Your Home

When it comes to downsizing, many people naturally associate it with retirees or empty nesters. While there is no argument that that is a great time in life to look at the downsizing options available, in actuality, people of all ages and various lifestyles are choosing to downsize for a multitude of reasons, with all...

Ottawa Real Estate Market Snapshot October 2021

  The October 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: It was a common fall October market but if you’re looking to find a balanced market, Ottawa is not the place. With a one-month supply for residential properties the pressure continues to increase prices. If you’re considering a move we’re here to...

Mortgage Shopping: What Does a Mortgage Broker Do?

In what has been an unprecedented year in buying and selling, Ottawa Real Estate is remaining hot, and mortgage rates cool. While buying a home and getting a mortgage is a big financial decision, the process of securing a loan leaves even the most experienced buyers with a laundry list of questions. Naturally, you will...

House Hunting in Ottawa

Welcoming Back In-Person Open Houses While live-stream open houses have been the new way in which home buyers have been viewing homes of interest over the past year and a half, in-person open houses are beginning to make their long-awaited comeback and we could not be more excited! Despite the unpredictability that the last 18...

Ottawa Real Estate Market Snapshot September 2021

  The September 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: Property values are holding steady as we continued to see an increase through September. As the number of transactions showed a considerable decrease from the same time last year, keep in mind that the September 2020 market showed peak activity due to...

What Does Buying a Home in Canada Look Like?

Welcome to Your New Home Moving to a new country is a very exciting time for many, igniting feelings of new beginnings and hope for the future. However, despite the many positive attributes that coincide with relocating, finding a home in a new country can feel overwhelming at times. Choosing the right REALTOR®, the right...

Ottawa and Real Estate Market Snapshot August 2021

The August 2021 Ottawa Real Estate Board Stats are out! Market Snapshot: The August resale market was a typical one during the summer months in Ottawa. Notably, the number of sales for the month was on par with past pre-pandemic figures in August of 2017 and 2018. If you’re considering a move we’re here to...

Tip Series: Buying a Condominium In and Around Ottawa

Condominiums are a popular choice among homeowners in Ottawa, and with the many conveniences they offer it is easy to see what attracts buyers to this specific lifestyle. Buyers are often drawn to this option of home ownership because of the lifestyle it offers. Amenities range from swimming pools, party rooms, and theatres to a...