A Recap of September in Ottawa
As we step out of September, Ottawa’s real estate market is finding its balance — listings are up, demand is holding strong, and interest rate cuts are giving buyers a reason to get moving again. It’s been a busy season for our team, from new listings and client wins to some fun behind-the-scenes moments (and a very photogenic two Dogs of the Month). Here’s a look at what’s been happening in and around New Purveyors lately.
Meet Fernanda
Our new co-op student, Fernanda, is taking our Instagram by storm with some amazing content as she learns about real estate. Stay up to date with her journey!
Archery Tag
The team had a great time at Archery Tag earlier this month. It was an awesome bonding opportunity, and we had some unexpected victors! We were sore for days, who knew archery used so many muscles…
FirstList (formerly Knokd)
Discover the hidden world of off-market real estate with FirstList! Did you know that 1 in 3 properties are shared off the public market as "Coming Soon" or "Exclusive"? Gain access to this exclusive inventory and elevate your home search or listing strategy today!
FirstList offers personalized approaches tailored to your needs, providing targeted and discreet exposure for listings before they hit the open market. Say goodbye to one-size-fits-all listings and hello to a customized real estate experience.
Contact your agent for more information on listing your property exclusively!
Ourboro
At New Purveyors, we're excited to introduce Ourboro's co-investment partnership—a game-changing solution to expedite your path to homeownership. By co-investing with Ourboro, you can secure a 20% down payment without additional debt, gaining access to expert guidance and a competitive edge in the market. Contact us to learn more and unlock your dream home sooner!
Real Estate News
Interested in hearing more from our agents about real estate? Let’s dive into some of our top blog posts this month:
Can Your Ottawa Condo Board Ban Your Snake or Lizard?
Before you bring home that gecko or parrot, find out what the city and your condo board have to say. This post breaks down Ottawa’s pet bylaws, condo restrictions, and what you can do if your board says “no” to your exotic pet. It’s a must-read for anyone thinking about buying a pet-friendly condo.
Who Pays When Things Go Wrong? Understanding Repair Liability in Ottawa Condos
A leaky ceiling or burst pipe can turn into a legal grey area fast. This guide explains who’s responsible for what, how insurance really works in a condo, and what to check before you buy to avoid getting stuck with a surprise repair bill.
How to Appeal a Condo Board Decision in Ottawa (and Actually Get Heard)
Disagree with your condo board? This article walks you through the proper process to challenge unfair rules or decisions - from starting with a written request to filing with the Condominium Authority Tribunal of Ontario.
Neighbourhood Monthly Statistics
Ottawa’s housing market stayed steady in September as inventory continued to climb, but prices held firm. 1,089 homes sold, a typical seasonal slowdown from summer, with the average sale price at $690,397, up slightly year-over-year.
Active listings rose to 4,388, pushing months of inventory to 4.0, signalling a balanced market where buyers have more choice but prices remain stable. Townhomes continue to drive demand, up 7.8% year-over-year, while single-family homes and condos saw flatter growth.
With the Bank of Canada cutting rates to 2.5%, more first-time buyers could re-enter the market this fall, keeping Ottawa’s housing scene resilient and competitive.
To learn more, check out our full blog post HERE
Pet of the Month
This is Oscar and Cooper! They visit the office with local legend/dog walker Cindy from Cindy’s Walk and Sit.
Send us your pets for the chance to be featured next month!
