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Ottawa 2025 Rental Market Review
CMHC’s 2025 Canada-wide rental market report crossed my screen last week, and I realised it has been quite a while since I’ve provided an update on Ottawa’s rental market. It has definitely changed over the past couple of years, and one of the big questions I asked myself many times during 2025 as I drove back and forth across the …
Ottawa House Prices by Neighbourhood – 2025
Ottawa House Prices by Neighbourhood With 2025 in the books, you’ll find articles in every corner of the Internet reviewing the performance of the real estate market compared to the previous year. Did prices go up or down? Were there more or fewer home sales? The Ottawa real estate board publishes its monthly statistical report and analysis, and in January …
2025 Ottawa Real Estate Bottom Lines
Average Sale Price The average selling price of all single family residential properties in Ottawa through 2025 ranged from a low of $664,042 in December to a high of $745,423 in May. Taking the average selling price each individual month, and comparing to the same month the previous year (2024), the average monthly annual increase in average sale price was +2.5%. …
Ottawa Housing Starts: 2023 vs. 2013
I’m writing this article as part of a bigger picture market update for the August 2024 edition of my newsletter, Ottawa Real Estate Monthly. Housing affordability is the topic of the times in Canada. Many people point to increasing demand due to population growth primarily driven by high levels of temporary and permanent newcomers to Canada, and the perception there …
Condo Crisis in Ottawa?
Is there a condo crisis in Ottawa? The condominium apartment markets in Toronto and Vancouver have been playgrounds for foreign investment, domestic speculation, and retirement savings plan components for many years. Post-pandemic in particular, stories of decline have been swelling up and some say there is now an urban condominium crisis in Canada that is intertwined with pervasive concerns over …
Cash For Keys
“Cash for keys” agreements between Ontario tenants and landlords have been receiving a lot of media attention lately. Here’s a link to a CBC article that includes video clips from a segment that ran on The National a few weeks ago, as an example: CBC on Cash for Keys. CBC’s coverage includes everything you need to understand these agreements, why …
Why your friends think real estate is a bad investment.
1. They Don’t Understand Leverage Some of your friends aren’t investment-minded. They may be risk-averse or they espouse an experience-focused lifestyle and spend all their money “enjoying life”. But you also have friends who are focused on building wealth who insist that real estate is not a good investment. Some of these folks take risks that promise huge returns, like …
Should Blind Bidding Be Banned?
Should blind bidding be banned? The Liberal Party of Canada seems to think so. Justin Trudeau created quite a stir when he announced the party’s plan to ban “blind bidding” in real estate transactions at a campaign stop recently. When I heard the news, I thought it likely an exaggeration or other form of “fake news” because real estate transaction …
High Income Property Prices Mean Negative Cash Flow – Buy REITs Instead?
With escalating property prices across Canada (and the USA!), rental income often won’t generate positive cash flow these days. Some “gurus” suggest buying REITs as an alternative to purchasing income properties directly. Are REITs a valid option in the real estate investing game? I explore that question in this video.