We are really pleased to announce that Tony Saikley has joined TRU Realty!

Tony brings a wealth of experience and knowledge in real estate - investing, owning, developing, leasing, managing, buying & selling! Experience that can be a huge advantage to his clients. In addition, Tony appreciates values such as honesty, integrity and hard work. Qualities that clients want and need in their real estate transactions. In turn, these are qualities that TRU Realty values and attracted Tony to our brokerage.

On behalf of Tony, we invite all of his past clients, family and friends, to contact him with any and all their real estate needs!

We are really thrilled to announce that Kevin Benjamin has joined TRU Realty!
After earning a BA in Geography at Brock University, Kevin has applied his education, skills & experience to several industries and endeavours from management to business owner to sales! He has pursued that same passion and expertise in his career in real estate since 2020! Kevin recognizes at the heart of every real estate transaction are people. He endeavours to provide his clients with the honesty, sincerity and reliability that they deserve when buying or selling. Qualities that mark his professionalism. It is those same qualities that Kevin saw in TRU Realty that will support him and his clients.   We encourage all of Kevin's family, friends and past clients to contact him today!

We are really honoured to welcome Roger Senecal to TRU Realty! Roger has a background in geography and business from the University of Alberta. As a result, Roger has a keen interest in land use, resource planning, environmental and resource management, renewable energy, sustainability, and energy-efficient housing. This has translated into Roger’s experience in advocacy, building and retrofitting homes for both himself and development and assisting his clients as well. In addition, Roger places great emphasis on professionalism through education and high ethical standards, qualities that attracted him to TRU Realty and its management. 

Roger lives in Hintonburg with his spouse and daughter and looks forward to assisting any and all in their real estate needs. Contact Roger today!

We are very pleased to announce that Jim Riley has joined TRU Realty!

Jim is an "Ottawa boy" through and through. Born and raised in the city, Jim knows the National Capital! That has really helped Jim to enjoy a long career in real estate! Since the 1990's, Jim has assisted both buyers and sellers get the most from their transactions! Jim's attention to detail, care and determination is admired by all his past clients, friends and colleagues. Those same qualities are what TRU Realty looks for in their agents and what attracted Jim to our brokerage.

When not selling, or renting property, Jim enjoys spending time with his family, playing hockey and cheering on the Senators! On behalf of Jim, we invite all to contact him with any and all their real estate needs!

No one enjoys paying taxes! But we also recognize that we are required to pay our fair share. How can we minimize the taxes we pay and keep more for ourselves and our families? Chris Finlay, Partner with KPMG will cover 7 crucial Tax Tips for Realtors!

Chris is a partner in KPMG’s Ottawa office. His focus is serving owner-managed businesses in the retail, professional services and manufacturing sectors. He knows how to work with entrepreneurs which is very different than a corporate-based environment.

RSVP now!

Featuring Michael D'Aloisio - Partner with Kelly Santini LLP

Dealing with Death & Divorce can strike fear in even the most experienced Realtor! Mike will inspire confidence in dealing with these potentially scary issues by answering questions such as: What is an Estate? Who is a Spouse? Whom do you deal with? Who signs what & when? What documents are required? And much more!

Since 2009, Mike has built a practice catering to the many legal needs of real estate buyers, sellers and wills and estates with sage advice with respect to estate planning strategies that can help his clients achieve their goals and minimize tax obligations now and in the future. In addition, Mike has become a well-known speaker on legal issues in the Ottawa area. You will not want to miss this event!

Date and time: Wednesday, October 19, 2022, Noon – 1:00 PM EDT

Location: TRU Realty, 403 Bank Street, Staples Spotlight Theatre, Ottawa, ON K2P 1Y6

Members of the Ottawa Real Estate Board sold 1,080 residential properties in September through the Board’s Multiple Listing Service® System, compared with 1,601 in September 2021, a decrease of 33%. September’s sales included 816 in the residential-property class, down 34% from a year ago, and 264 in the condominium-property category, a decrease of 27% from September 2021. The five-year average for total unit sales in September is 1,586.

“September’s lower sales performance reflects continued hesitancy among Buyers as they watch interest rates rise and consider the speculation surrounding price trends. With rising interest rates, the mortgage stress test has sidelined some potential Buyers, while others are likely scrutinizing their budgets for affordability amidst inflation and cost of living increases,” says the Ottawa Real Estate Board President.

“On the other hand, we have seen an uptick in the number of new listings entering the market, which were not only higher than last month but also last year, and the five-year average. This trend continues to bring the resale market into more balance, which generally means more time for Buyers and Sellers to weigh their options and to adjust according to their needs."

By the Numbers – Inventory & New Listings:

• Months of Inventory for the residential-class properties has increased to 3.1 months from 1.2 months in 2021.
• Months of Inventory for condominium-class properties has increased to 2.7 months from 1.6 months in 2021.
• September’s new listings (2,371) were 5% higher than 2021 (2,252) and 13% higher than August 2022 (2,091).

“Prices are stabilizing with slight month-to-month movement, whereas, year over year we are seeing the slow and steady increases that the Ottawa resale market is known for. As every neighbourhood is different, Buyers will want to consult a local REALTOR® who can tap into proprietary data on price trends and expert insights to help them navigate market shifts."

By the Numbers – Average Prices*:

• The average sale price for a condominium-class property in September was $450,987, an increase of 6% from 2021.
• The average sale price for a residential-class property was $706,658, increasing 0.5% from a year ago.
• With year-to-date average sale prices at $788,535 for residential and $457,189 for condominiums, these values represent a 9% increase over 2021 for both property classes.

REALTORS® also help with finding rentals and vetting potential tenants. Since the beginning of the year, OREB Members have assisted clients with renting 4,678 properties compared to 3,598 last year at this time.

Courtesy of the Ottawa Real Estate Board

We are thrilled to announce that Marina Karshuli has joined TRU Realty!

Marina believes every home is unique and recognizes the same is true of every homeowner and with that mindset she approaches working with her clients. In just a few short years, Marina has gone from a newly licensed Realtor to one of the top agents in the city! Clearly, her efficiency, responsiveness and knowledge has earned her many clients trust!

When Marina chose to make TRU Realty her new brokerage, we were TRUly honoured! 

We encourage all Marina's clients, friends and family to contact her for all their real estate needs!