Ottawa’s Real Estate Market May Be Normalizing According to June’s Home Sales

Ottawa’s Real Estate Market May Be Normalizing According to June’s Home Sales

Could Ottawa’s real estate market be cooling down? According to June’s 2021 residential resale market, home sales were up only 2% compared to a year ago and there was a lower volume of activity compared to last month (May). For details on June’s...
Ottawa Property Values Continue to Escalate, With Almost 80% Sold for More Than Asking

Ottawa Property Values Continue to Escalate, With Almost 80% Sold for More Than Asking

Pent-up demand for homes in the Ottawa area continued to drive up average resale prices by 35% in March, compared to last year, to $758,802 for a residential-class property. A number of new listings came onto the market resulting in 2285 properties being sold,...