Lifestyle Homes Ottawa - Jen & Leo Alvarenga Blog & News

  • The July market brings us a step closer to what was once a distant dream: a balanced market

    by Jenniffer Alvarenga
    In recent times, the word on the street has been about how the real estate market is dramatically slowing down, but we want to take a moment to hig...

  • The market in May took things slow!

    by Jenniffer Alvarenga
    May—the month of the year that typically sees the highest number of resales—was much calmer this year. Along with the usual suspects (interest rate...

  • April showers bring a shift to the real estate market

    by Jenniffer Alvarenga
    A couple of variables made their play and impacted the real estate market’s performance last month: rising interest rates and housing supply measur...

  • A flurry of activity in March (figuratively, and quite literally)

    by Jenniffer Alvarenga
    March gave us a flurry of market activity, with a side of actual unexpected flurries. Although the number of sales last month were down compared to...

  • The tale of February: a short month with tall market activity

    by Jenniffer Alvarenga
    The month of love really fired up the real estate market. Though 3 days shorter than January, February saw 52% more properties sold compared to the...

  • The January market came in HOT

    by Jenniffer Alvarenga
      January made quite the entrance to 2022. For a typically ‘chiller’ month, there was quite a bit of market activity. And while it may be a new ye...

  • 'Twas the year of breaking records

    by Jenniffer Alvarenga
    Sellers: good news enclosed Just like that, another year has come and gone. So, how did the Ottawa real estate market fare in 2021? Let’s take a ...

  • The November market: same same but different

    by Jenniffer Alvarenga
    Back again with a familiar tale! Don’t be fooled by the decrease in numbers of properties sold last month compared to November of 2020; it’s yet a...

  • The only thing spooky about the market in October was the still MIA inventory

    by Jenniffer Alvarenga
    Missing: inventory, Reward: a balanced market   “Spooktober” didn’t really deliver anything too spooky when it came to real estate. The October m...

  • Do you remember? The market in September.

    by Jenniffer Alvarenga
    Hey Siri, play "September," by Earth, Wind & Fire.     The September housing market didn’t throw any curve balls. In fact, it was quite predic...

  • Back to life, back to reality, back to a classic August market

    by Jenniffer Alvarenga
    THE NUMBERS:  AUGUST 2021 AVG. SALE PRICES Residential-class: $674,449 (+14% from Aug. 2020) Condominium: $407,148 (+6% from Aug. 2020) *Im...

  • Sun’s out, inventory’s up: the July market

    by Jenniffer Alvarenga
    THE NUMBERS:  JULY 2021 AVG. SALE PRICES Residential-class: $685,426 +17% Condominium: $419, 545 +17% *Important to note that varied pricing ...