2017 resale market off to a great start

Members of the Ottawa Real Estate Board sold 667 residential properties in January through the Board’s Multiple Listing Service system, compared with 598 in January 2016, an increase of 11.5 percent. The five-year average for January sales is 614.

The average sale price of a residential-class property sold in January in the Ottawa area was $394,001, an increase of 1.9 percent over January 2016.