The Ottawa real estate market is still hot. The October 2021 numbers are out and are showing us that there's a continued appetite for both freehold and condominium properties in Ottawa. In October 2021, there were 1,677 properties sold via the MLS this figure is down 21% from October 2020 when we saw 2,132 property sales.
Buyers are often competing to secure properties while sellers are trying to maximize their net earnings by listing and selling for as high as they can. The question I often get...