The Ottawa housing market is hot! Spring has arrived in Ottawa and agents are busy selling properties.  Average property prices in May 2017 for Ottawa have risen to $436,625 a jump of 7.4 percent compared to May 2016.

May 2017 also had the highest recorded number of sales in a single month. May sales included a total of 444 condominium class properties and 1,856 in the residential class.

Sales volume continues to trend towards a seller's market in many neighbourhoods of the City.