The analysis of the real estate market in the town of Russell, based on the documents provided, involves understanding the broader context of the market trends in the Ottawa region, as Russell is a part of this area.
Background and Current Market Trends in Ottawa
Sales Activity: The Ottawa real estate market, as of November 2023, experienced a slight reduction in home sales compared to the previous year. There was a decrease of 1.6% in homes sold through the MLS® System of the Ottawa Real Est...