Weather isn’t Cooling the Resale Market! Highlights from the Ottawa Real Estate Board December 4, 2019
“Even with the typical winter slowdown, Ottawa’s home resale market still experienced a relatively brisk pace in November. Our inventory is not having a chance to build as it is being absorbed as quickly as it comes on the market. That’s why there are so many sales every month even though the supply stock is low,” [President of the Ottawa Real Estate Board]
AVERAGE SALE PRICE
MOST ACTIVE PRICE POINTS
LUXURY MARKET IS ON THE RISE
*Average sale price 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 calculation of the average sale price is based on the total dollar volume of all properties sold. Price and conditions will vary from neighbourhood to neighbourhood.