- 注册
- 2002-10-07
- 消息
- 402,225
- 荣誉分数
- 76
- 声望点数
- 0
With the exception of a couple of outliers, Ottawa’s real estate market in September continued to be marked by a great east-west divide.
Overall, the benchmark price for single-family homes jumped 6.8 per cent year over year in September, reaching $401,100, according to figures published Wednesday by the Ottawa Real Estate Board.
It’s the first time benchmark prices have topped $400,000.
This data is based on an index that reflects multiple housing characteristics such as roof type, number of bathrooms and age of the property, and offers a more consistent view of underlying trends than a simple average. (Average prices for residential properties sold in September were up 8.1 per cent to $416,100.)
Of 46 real estate districts tracked by the board, the seven smallest increases in single-family home prices were in the east, most notably in the stretch that runs along Montreal Road and Highway 174 from Vanier to Cumberland. The district with the smallest percentage rise in home prices — Rockcliffe Park, at 2.6 per cent — coincidentally also reported by far the highest benchmark value, $1,494,400.
In the west, the districts reporting the largest gains in house prices lie just to the north of the International Airport and are bounded on the west by Merivale Avenue and on the east by Bank Street. Benchmark prices for single-family homes jumped most in Hunt Club-Windsor Park — up 19.6 per cent to $459,200.
Homes in this and nearby districts are popular in part because the price range — roughly $460,000 to $480,000 — is less expensive than more trendy residential areas such as Westboro, The Glebe and New Edinburgh, but still offer a reasonable commute to downtown.
Most of the biggest price increases in September were clustered within 10 kilometres of the downtown core — east of Greenbank Road and north of Baseline Road.
This area is attracting attention from some buyers because it is equidistant from downtown and the increasingly vibrant tech sector in Kanata. The steady addition of Department of National Defence employees at the new headquarters at 3500 Carling Ave. is also a factor.
Kanata’s housing market, too, has for much of this year been stronger than that for the city as a whole. The benchmark price for single-family homes in the tech centre jumped nearly nine per cent year over year in September to $412,000.
One factor pushing up house prices is the relatively small number of available properties. According to the board, the houses sold in September were on the market for an average of 45 days. A year earlier, it took 60 days on average.
It was a similar pattern for condominium sales. Those sold in September were on the market for 65 days while a year earlier, the waiting period was 75 days.
The tightening reflects a combination of sales, new listings and the removal of listed properties by owners who have changed their minds about selling.
At the end of September, there were 4,125 residential properties on the market compared to 5,160 a year earlier, a 20 per cent decline. The drop in available condominiums was even sharper, down 24 per cent to 1,372 units.
Chris Scott, a realtor with Keller Williams Integrity Realty, analyzed longer-term trends in the Ottawa market with a view to understanding the east-west divide.
He collected data on sales of detached two-storey homes with two-car garages going back to January 2016. This gave Scott a sample of 475 sales in Kanata-Stittsville and 441 units in Orléans. He compared sales in 2016 against sales year-to-date this year.
Scott concluded the housing market in the west was indeed stronger but that both regions of the city were experiencing solid growth. He calculated that the average price for detached homes in Kanata-Stittsville so far this year was $536,000, up 6.3 per cent compared to 2016 while in Orléans, comparable prices were $475,000, up 4.3 per cent. (These are based on average sale prices, not the benchmark variety.)
Significantly, Scott found that based on current sales volume, there’s just one month of inventory available in Kanata-Stittsville compared to two months in Orléans. This suggests a very tight market, especially when you consider that in a balanced market, there’s a four to six month supply. That explains why realtors have been seeing multiple offers for houses in certain areas.
“We’ve seen 10 to 14 offers on some properties,” Scott says. Not quite the frenzy that characterized the Toronto housing market earlier this year, but plenty of heat nonetheless.
查看原文...
Overall, the benchmark price for single-family homes jumped 6.8 per cent year over year in September, reaching $401,100, according to figures published Wednesday by the Ottawa Real Estate Board.
It’s the first time benchmark prices have topped $400,000.
This data is based on an index that reflects multiple housing characteristics such as roof type, number of bathrooms and age of the property, and offers a more consistent view of underlying trends than a simple average. (Average prices for residential properties sold in September were up 8.1 per cent to $416,100.)
Of 46 real estate districts tracked by the board, the seven smallest increases in single-family home prices were in the east, most notably in the stretch that runs along Montreal Road and Highway 174 from Vanier to Cumberland. The district with the smallest percentage rise in home prices — Rockcliffe Park, at 2.6 per cent — coincidentally also reported by far the highest benchmark value, $1,494,400.
In the west, the districts reporting the largest gains in house prices lie just to the north of the International Airport and are bounded on the west by Merivale Avenue and on the east by Bank Street. Benchmark prices for single-family homes jumped most in Hunt Club-Windsor Park — up 19.6 per cent to $459,200.
Homes in this and nearby districts are popular in part because the price range — roughly $460,000 to $480,000 — is less expensive than more trendy residential areas such as Westboro, The Glebe and New Edinburgh, but still offer a reasonable commute to downtown.
Most of the biggest price increases in September were clustered within 10 kilometres of the downtown core — east of Greenbank Road and north of Baseline Road.
This area is attracting attention from some buyers because it is equidistant from downtown and the increasingly vibrant tech sector in Kanata. The steady addition of Department of National Defence employees at the new headquarters at 3500 Carling Ave. is also a factor.
Kanata’s housing market, too, has for much of this year been stronger than that for the city as a whole. The benchmark price for single-family homes in the tech centre jumped nearly nine per cent year over year in September to $412,000.
One factor pushing up house prices is the relatively small number of available properties. According to the board, the houses sold in September were on the market for an average of 45 days. A year earlier, it took 60 days on average.
It was a similar pattern for condominium sales. Those sold in September were on the market for 65 days while a year earlier, the waiting period was 75 days.
The tightening reflects a combination of sales, new listings and the removal of listed properties by owners who have changed their minds about selling.
At the end of September, there were 4,125 residential properties on the market compared to 5,160 a year earlier, a 20 per cent decline. The drop in available condominiums was even sharper, down 24 per cent to 1,372 units.
Chris Scott, a realtor with Keller Williams Integrity Realty, analyzed longer-term trends in the Ottawa market with a view to understanding the east-west divide.
He collected data on sales of detached two-storey homes with two-car garages going back to January 2016. This gave Scott a sample of 475 sales in Kanata-Stittsville and 441 units in Orléans. He compared sales in 2016 against sales year-to-date this year.
Scott concluded the housing market in the west was indeed stronger but that both regions of the city were experiencing solid growth. He calculated that the average price for detached homes in Kanata-Stittsville so far this year was $536,000, up 6.3 per cent compared to 2016 while in Orléans, comparable prices were $475,000, up 4.3 per cent. (These are based on average sale prices, not the benchmark variety.)
Significantly, Scott found that based on current sales volume, there’s just one month of inventory available in Kanata-Stittsville compared to two months in Orléans. This suggests a very tight market, especially when you consider that in a balanced market, there’s a four to six month supply. That explains why realtors have been seeing multiple offers for houses in certain areas.
“We’ve seen 10 to 14 offers on some properties,” Scott says. Not quite the frenzy that characterized the Toronto housing market earlier this year, but plenty of heat nonetheless.
查看原文...
