Historically, the Ottawa real estate market has been pretty healthy with a good volume of sales happening even as the temperature approaches 0 degrees Celcius and days become shorter. The real estate market in Ottawa and for most regions of Ontario has been on fire ever since news was released around the world that a COVID vaccine had been created. This was certainly a sigh of relief for many that the worst may now be behind us. Many people lost family and friends to this global pandemic and man...
The average price of a residential home in Ottawa has only increased slightly in October 2018 when compared to last year during the same period.
A total of 1,059 transacted on the Ottawa MLS by Ottawa's Realtors®. The average property prices have now reached an average of $449,000 up 5.7% over October 2017.
Average property prices for the condominium-class of properties has now reached an average of $271,350 up only 0.6% over last October.
Inventory of homes in Ottawa is down. At the end of O...