11 Dec Staying in Touch – Winter Newsletter
2018 has had many memorable events. We are proud again to be in the top 1% for 2018, out of 18,000 agents, in Canada for Royal LePage. I am very pleased to have the support of my team and all of our wonderful clients. We strive to offer the highest quality service to our clients.
Councillor Marianne Wilkinson’s Moving on Gala was a great celebration and we look forward to her new initiative of a community health hub in Kanata.
Although there has been a lot to celebrate in 2018, there has also been sorrow in the Ottawa community. The disastroustornadoes are still hard to believe, and the effect they have had on many lives. During the holidays let us think of those affected and their present needs.
The market in 2018 has been active and the stats shows us it was a very successful year. With an overall average price increase of 5.1% for residential homes and 2.8% for condominiums in Ottawa.1 Supply of residential homes in Ottawa is still lower, and this has contributed to the unit sales staying relatively flat, and making it a tougher market for buyers in some neighborhoods. Condominium sales have done well, unit sales in Ottawa increased 14.3%.2
Although Winter is upon us, there are benefits of selling your home in the Winter months, especially with the supply being lower in specific neighborhoods. Buyers are serious, there are fewer lookieloos and less competition!
If you, a family member or friend are contemplating a move within the year, now is a good time to have your home evaluated and look at your options. As always feel free to call or email if you would like a home evaluation or have any real estate or market questions.
Enjoy the holiday season with family and friends!
Joan, Victoria and Luc