Ottawa Market Update: February
March 6, 2023Ottawa’s resale residential market in February continued to see the impact of higher interest rates, but there’s also good news for sellers and buyers. Compared to a year ago, when inventory was low and the sellers’ market was at its peak, average sale prices in February were down. The total number...
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Ottawa Resale Properties “Virtually Flying off Shelves”
March 4, 2021Ottawa’s resale real estate market in February saw continuing low inventory, quick sales and rising average prices because of competition for the limited properties on the market, the Ottawa Real Estate Board reports. The numbers continued the trend we’ve seen in our market for many months. In a nutshell, it’s a great...
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Ottawa Resale House Prices up 6.4 %
June 6, 2019The numbers are in for Ottawa’s resale real estate market in May, and I’m happy to share good news on multiple fronts. Average selling prices were up by 6. 4 % from May of 2018 for residential homes, while condominium unit prices were up 5.8 %, the Ottawa Real Estate Board reports. As well,...
