Friday, August 14, 2015

Carleton University

  • Student Population: Carleton University: 27,832 / U of T SC: 10,843 / University Of Guelph: 22,446 / Queens University: 24,582 / Western University: 28,386
  • The Student Population Has Grown 18% In The Past Decade
  • PHD Enrollment Has Increased By 36%, Masters Enrollment By 18% In The Last Decade
  • International Student Population Has Increased By 43% In The Past Decade
  • Carleton Currently Only Has Just 3,617 Beds Available For Students (87% Live Off of Campus)
  • The Number of Students In Residence Has Increased by 32% in The Past Decade Due to Student
  • Population Increase And High Demand For Quality Student Accommodations
  • Carleton University Sits On An Island, Surrounded by Heritage Protected Green Space And Rivers, Making The Avg. Commute Time For Carleton Students: Approx. 25-30 Minutes
  • Every Single Carleton University Student Receives A “Universal Transit Pass” (Metro Pass)
  • Carleton University Is Currently Investing $75,000,000 In Infrastructure And Student Facilities

Interesting facts about Ottawa

  • Ottawa Population: 976,800 (Kingston: 123,000, London: 366,150, Waterloo: 568,500, Scarborough: 625,698)
  • Population Growth: 8.8% - Higher Than The Provincial (5.7%) And National (5.9%) Average
  • Ottawa Possesses Some Of The Most Stable Rental And Vacancy Rates (2.6% - 2014)
  • Ottawa Has The Highest Median Total Family Income Of Any City In Canada (2013) & Has More Engineers, Scientists & Residents With PhDs Per Capita Than Any City In Canada
  • The Canadian Federal Government Employs Over 110,000 People
  • As Many As 6,000 Diplomats Are Living And Working In Ottawa
  • Known As “The Silicone Valley Of The North” Ottawa Has Over 1,900 Tech Companies That Employ Over 75,000 People – With 43% Growth Between 2012-2013
  • Public Transportation – LRT: $2 Billion+ Dollar Project - The Largest In The City’s History
  • Quality of Life: Ottawa Ranked #3(Numbeo), #2 in North America (Mercer)

Thursday, August 6, 2015

Typical summer resale market in Ottawa

Members of the Ottawa Real Estate Board sold 1,436 residential properties in July through the Board's Multiple Listing Service® system, compared with 1,440 in July 2014, a decrease of 0.3 per cent. The five-year average for July sales is 1,380.

"Last July was the second best on record, and this July was only four units short of that record, coming in well above the five-year average," says David Oikle, President of the Ottawa Real Estate Board. "Overall, the Ottawa resale market has been performing quite well with no major fluctuations in units sold and average sale price."

July's sales included 271 in the condominium property class, and 1,165 in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked etc.), which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties.

"We are seeing a slight increase in condominium sales this month - a positive change," says Oikle. "The average cumulative days on market increased slightly to 78 days, compared to 74 last month. Inventory levels remain high, meaning we continue to be in a Buyer's market."

The average sale price of a residential-class property sold in July in the Ottawa area was $394,889, an increase of 4.5 per cent over July 2014. The average sale price for a condominium-class property was $255,102, a decrease of 2.6 per cent over July 2014. The Board cautions that average sale price information 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 average sale price is calculated based on the total dollar volume of all properties sold.

"The $300,000 to $400,000 price range continues to have the highest concentration of properties sold, followed by the $200,000 to $300,000 range and then the $400,000 to $500,000 range," says Oikle. "Two-storey residential properties continue to have the highest concentration of buyers in Ottawa. In addition to residential and condominium sales, OREB members assisted clients with renting 344 properties in July, and 1,829 since the beginning of the year."