Ottawa resale market heats up in May

Sales increase for the first time since February 2022

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% increase from May 2022. The five-year average for total unit sales in May is 1,961.

“Typically the highest-selling month, May’s transactions did not disappoint,” says Ken Dekker, Ottawa Real Estate Board President. “This month we saw the first year-over-year unit sales volume increase since February 2022. It is a promising year for sellers barring any interest rate adjustments, as we saw a correlated drop in sales every time there was an interest rate hike in 2022.”

“However, with only five to six weeks of inventory, we are in a strong seller’s market. With the pent-up high demand and sales volume increasing, we are likely to see upward pressure on prices as demand continues to outstrip supply.”

By the Numbers – Average Prices*:

• The average sale price for a freehold-class property in May was $745,902, a decrease of 7% from 2022, but still on par with April 2023 prices.
• The average sale price for a condominium-class property was $442,859, decreasing 6% from a year ago. However, it marks a 2% increase over April 2023 prices.
• With year-to-date average sale prices at $727,728 for freeholds and $428,394 for condos, these values represent a 12% decrease over 2022 for freehold-class properties and a 9% decrease for condominium-class properties.

“We are not seeing steep price escalations yet. May’s average prices stayed on par with April’s, although prices are well over what we saw at the end of 2022. With demand mounting in Ottawa’s chronically undersupplied market, I expect the average sale price will surpass last year’s figures for a month over the same month in the latter half of 2023 again—provided we do not see interest rate hikes.”

By the Numbers – Inventory & New Listings:

• May’s new listings (2,822) were 9% lower than May 2022 (3,117) and up 32% from April 2023 (2,140). The 5-year average for new listings in May is 2,922.
• Months of Inventory for the freehold-class properties has increased to 1.5 months from 1.2 months in May 2022 but down from 1.9 months in April 2023.
• Months of Inventory for condominium-class properties has increased to 1.3 months from 1 month in May 2022, although down from 1.9 months in April 2023.
• Days on market (DOM) for freeholds decreased from 27 to 23 days and 33 to 26 days for condos compared to last month.

“Given our housing stock challenges, some neighbourhoods are again in multiple offer territory. REALTORS® have up-to-the-minute market data and are best positioned to help both buyers and sellers in this evolving competitive resale market.”

REALTORS® also help with finding rentals and vetting potential tenants. Since the beginning of the year, OREB Members have assisted clients with renting 2,731 properties compared to 2,230 last year at this time, an increase of 22%.

* OREB cautions that the average sale price can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The calculation of the average sale price is based on the total dollar volume of all properties sold. Price will vary from neighbourhood to neighbourhood.

(SOURCE: OREB)

自2022年2月以来，销售量首次增长。渥太华房地产局（OREB）的成员通过多重上市服务®（MLS®）系统在五月份售出1,939套住宅物业，相比之下，2022年五月份售出了1,830套，增长了6%。五月份的销售包括住宅物业类别的1,477套，比去年同期增长了8%，以及共管物业类别的462套，比2022年五月份增长了1%。五月份的总销售套数的五年平均值为1,961套。

"通常来说，五月份是最繁忙的销售月份，而今年的交易量也不令人失望，" 渥太华房地产局主席肯·德克尔（Ken Dekker）表示。"本月我们看到了自2022年2月以来首次出现的同比销售量增加。除非有利率调整，对于卖家来说，这将是一个有希望的年份，因为我们在2022年每次利率上调时都会看到销售量的下降。”

"然而，我们只有五到六周的存货量，所以我们处于一个强势的卖方市场。随着积压的高需求和销售量的增加，我们很可能会看到供不应求继续推高房价的压力。"

数据统计 - 平均价格：

五月份住址类别物业的平均售价为$745,902，比2022年下降了7%，但与2023年4月的价格持平。 共管类别物业的平均售价为$442,859，比去年同期下降了6%。然而，它相比于2023年4月的价格上涨了2%。 住宅类别物业的年度平均售价为$727,728，共管类别物业的年度平均售价为$428,394，这些数值分别比2022年下降了12%和9%。

"我们还没有看到房价出现急剧上涨。五月份的平均价格与四月份基本持平，尽管价格已经超过了2022年底的水平。由于渥太华市场一直供不应求，需求不断增加，我预计平均售价将再次超过去年同月份的水平，前提是我们不会看到利率上调。”

数据统计 - 存货量和新上市房源：

五月份的新上市房源（2,822套）比2022年五月份（3,117套）减少了9%，比2023年四月份增加了32%。五月份新上市房源的五年平均值为2,922套。 住宅类别物业的存货月数从2022年五月份的1.2个月增加到了1.5个月，但比2023年四月份的1.9个月，有所减少。 共管类别物业的存货月数从2022年五月份的1个月增加到了1.3个月，尽管比2023年四月份的1.9个月，有所减少。

自由持有类别物业的市场供应周期（DOM）从上个月的27天减少到了23天，而共管类别物业的DOM从33天减少到了26天。

"鉴于我们的住房库存挑战，一些社区再次进入了多重报价区域。房地产经纪人具备最新的市场数据，并且在这个不断变化的二手房市场中最适合帮助买家和卖家。”

房地产经纪人还协助寻找租赁房源和筛选潜在租户。自今年年初以来，OREB成员已经协助客户租赁了2,731套房产，相比去年同期的2,230套，增长了22%。

红宝地产是渥太华第一家拥有门店的地产经纪团队，如果您有任何房产需要，欢迎随时联系. 613-316-0057.

（数据来源于渥太华地产局OREB。内容均由红宝地产团队整理归纳，仅供参考）

渥太华房市2023年4月报告，价格正在追平去年高点，从年初以来已经涨回来13.9%.

在经历了疫情后的价格大涨和加息后的大跌后，4月呈明显上升趋势. 抢offer情况已经在一些旺区比比皆是，挂盘时间明显缩短，自由产权从上个月的34天降到了27天，公寓从上个月的39天降到33天.

价格方面，从今年的1月开始回暖到现在的4个月时间，已经比谷底也就是去年12月，上涨了13.9%. 目前一套自由产权物业的平均价格是$747,123, 比去年同期下降10%，比上个月上升了5%.公寓的均价是$435875，比去年同期下跌了8%，比上个月上涨了4%.

销售量方面，2023年4月一共售出了1488套房源，其中包括1156套自由产权和332套公寓物业. 这比去年同期的1876套下降了21%.

新挂盘量方面，今年4月的新挂盘是2144套，比去年4月下降了25%，但比上个月上升3%.

在市房源方面，4月的在市房源为2436套，自由产权物业仅可供1.9个月的销售，比今年3月的2.3个月库存明显缩短，而去年同期特别火爆的时候是0.9个月. 公寓方面，目前的库存也是1.9个月，上个月是2.1个月库存，去年同期是0.8个月的库存.

出租物业方面，截止今年四月已经租出了2151套物业，比去年同期的1786套上升了20%. 目前的租房市场也是一票难求，最好出租的townhouse已经出现抢offer现象.

根据以上总结，可以看出目前房源供货量处于短缺状态，市场已经从年初的买家市场转变成了卖家市场. 虽然现在的经济形势不是很乐观，但房产市场背道而行. 房市最直接的控制因素是供需关系，房源量少，刚需买家曾多，直接决定了价格的走向趋势. 去年的低谷转眼即逝了.

对于买家的建议： 如果是自己住，无论什么时候都不要犹豫，拥有自己喜欢的家永远是最坚定的信念.

对投资者的建议，利息还没有尘埃落定，如果你上几月买到了，那么恭喜你，这个月涨了5%. 如果还没买到，不要和自住的人去抢，找你的经纪帮你看紧了，有好的deal，出租回报高的，现在还有一些捡漏的机会.

对卖家的建议，目前的房源供应及度短缺，如果涨息以来你已经苦不堪言了，现在是好机会翻身. 有一些带着租客的房子，如果有懂Rule的经纪帮你，也会卖出不错的价格. 近期我会出一篇教程，《如何带着租客出售你的房产》敬请期待

红宝地产是渥太华第一家拥有门店的地产经纪团队，如果您有任何房产需要，欢迎随时联系. 613-316-0057.

（数据来源于渥太华地产局OREB。内容均由红宝地产团队整理归纳，仅供参考）

Resale Market Springs Back in Favour of Sellers

Members of the Ottawa Real Estate Board (OREB) sold 1,488 residential properties in April through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,876 in April 2022, a decrease of 21%. April’s sales included 1,156 in the freehold-property class, down 18% from a year ago, and 332 in the condominium-property category, a decrease of 29% from April 2022. The five-year average for total unit sales in April is 1,739.

“Ottawa’s resale market is on a steady upward trajectory, narrowing the comparison gap to peak pandemic activity in 2022. However, with new listings not keeping pace, the available housing stock is declining, and with less than two months of inventory — we’re back into seller’s market territory,” says Ottawa Real Estate Board President Ken Dekker.

By the Numbers – Average Prices*:

• Average prices have increased by 13.9% in four months since the market low in December 2022.
• The average sale price for a freehold-class property in April was $747,123, a decrease of 10% from 2022. However, it marks a 5% increase over March 2023.
• The average sale price for a condominium-class property was $435,875, decreasing 8% from a year ago, but still a 4% gain over March 2023.
• With year-to-date average sale prices at $718,633 for freeholds and $421,722 for condos, these values represent a 13% decrease over 2022 for freehold-class properties and a 10% decrease for condominium-class properties.

“Upward pressure on sales prices continues with average prices increasing for the fourth month since the market low in December. Additionally, multiple offer situations have returned to certain neighbourhoods and overall days on market are maintaining their downward trend. There continues to be low inventory in certain property classes and new product is coming to the market at a slower rate, which is affecting supply.”

By the Numbers – Inventory & New Listings:

• April’s new listings (2,144) were 25% lower than April 2022 (2,843) and up 3% from March 2023 (2,089). The 5-year average for new listings in April is 2,575.
• Months of Inventory for the freehold-class properties has increased to 1.9 months from 0.9 months in April 2022 but down from 2.3 months in March.
• Months of Inventory for condominium-class properties has increased to 1.9 months from 0.8 months in April 2022, although down from 2.1 months in March.
• Days on market (DOM) for freeholds decreased from 34 to 27 days and 39 to 33 days for condos compared to last month.

“These numbers are static, snapshots in time. REALTORS® can give buyers and sellers a fulsome day-to-day picture of how the market is shifting and heating up this season. They have their fingers on the pulse of each neighbourhood in the city and can help buyers and sellers make localized, strategic, data-informed decisions.”

REALTORS® also help with finding rentals and vetting potential tenants. Since the beginning of the year, OREB Members have assisted clients with renting 2,151 properties compared to 1,786 last year at this time, an increase of 20%.

* OREB cautions that the average sale price can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The calculation of the average sale price is based on the total dollar volume of all properties sold. Price will vary from neighbourhood to neighbourhood.

(SOURCE: OREB)

【红宝地产】2023年三月，渥太华房市数据新鲜出炉 各项指标和去年同期相比都是下降的，但和上个月比都是上升. 这应该是黎明前的黑暗了！

大家可能会被成交量下降近40%的数据迷惑. 其实去年的这个时候无论均价还是成交量是历史最高点，过了5月就一路下滑. 而今年开始一路上升，逐渐的就会产生交点，我预计在今年年中之后就会看到这个交点, 之后比例正向拉大.

上个月比较明显的现象是成交量激增，3月比2月的成交量上升了41%，这完全是价格产生变动的先兆. 目前正是处在价格上涨趋势萌芽中.

如果您打算买房或卖房，或者对渥太华的房市有任何疑问，可以找我聊聊.

（数据来源于渥太华地产局OREB。内容均由红宝地产团队整理归纳，仅供参考）

March Resales: Signs of Spring Surge Sprouting

Members of the Ottawa Real Estate Board (OREB) sold 1,194 residential properties in March through the Board’s Multiple Listing Service® (MLS®) System, compared with 2,003 in March 2022, a decrease of 40%. March’s sales included 893 in the freehold-property class, down 40% from a year ago, and 301 in the condominium-property category, a decrease of 42% from March 2022. March sales transactions increased 40% over February. The five-year average for total unit sales in March is 1,698.

“The recent rise in transactions is a sign of typical spring activity, even if we’re behind the pandemic peaks of 2022. As spring unfolds, so too will a clearer picture of Ottawa’s balanced market state,” says Ottawa Real Estate Board President Ken Dekker.

By the Numbers – Average Prices*:

• The average sale price for a freehold-class property in March was $710,070, a decrease of 17% from 2022. However, it marks a 0.2% increase over February 2023. Average freehold prices have climbed approximately 8% during Q1 2023 over December 2022’s market low.
• The average sale price for a condominium-class property was $418,670, decreasing 13% from a year ago, but still a 2% gain over February 2023.
• With year-to-date average sale prices at $701,837 for freeholds and $414,698 for condos, these values represent a 16% decrease over 2022 for freehold-class properties and an 11% decrease for condominium-class properties.

“As evidenced by the recent climb in freehold prices, Ottawa’s resale market is stabilizing along with the interest rate. Condos remain steady due to their lower price point, there’s more affordability based on the current interest rate structure. Prices are certainly headed in the right direction—if you are looking forward.”

By the Numbers – Inventory & New Listings:

• Months of Inventory for the freehold-class properties has increased to 2.3 months from 0.6 months in March 2022.
• Months of Inventory for condominium-class properties has increased to 2.8 months from 0.6 months in March 2022.
• March’s new listings (2,089) were 21% lower than March 2022 (2,632) and up 53% from February 2023 (1,366). The 5-year average for new listings in March is 2,474.
• Days on market (DOM) for freeholds decreased from 37 to 34 days and 43 to 39 days for condos compared to last month.

“Well-priced and well-prepared homes are selling. REALTORS® have up-to-the-minute statistics to ensure sellers are positioning themselves at the current market value based on recent sales and hyper-local market comparisons. Buyers can benefit from the same data along with their negotiation expertise to guarantee they are receiving the best value for their dollar.”

REALTORS® also help with finding rentals and vetting potential tenants. Since the beginning of the year, OREB Members have assisted clients with renting 1,599 properties compared to 1,291 last year at this time, an increase of 24%.

* OREB cautions that the average sale price can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The calculation of the average sale price is based on the total dollar volume of all properties sold. Price will vary from neighbourhood to neighbourhood.

(SOURCE: OREB)