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January 2024 Ottawa Housing Market by the Numbers
Do you want more data? Click here for more charts and graphs that are always up-to-date! https://www.ottawalaura.com/communities/market-updates/ ...
Continue ReadingJune 2023 Market Update:June’s Resale Market Eases into Summer
OTTAWA, July 5, 2023 - Members of the Ottawa Real Estate Board (OREB) sold 1,658 residential properties in June through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,493 in June 2022, an increase of 11%. June’s sales included 1,234 in the freehold-property class, up 10% from a year ...
Continue ReadingMay 2023 Ottawa Market update: Ottawa resale market heats up in May
As of June 7th, 2023, the prime rate has increased by another 0.25% for the second time this year. We know the rate went up 7 times last year, and each time, house prices went down along with affordability. It will be another week or two until we see the full impact ...
Continue ReadingApril 2023 Ottawa Real Estate Update: Resale Market Springs Back in Favour of Sellers
Ottawa Market Data, The Numbers Price Residential Prices ⬇️ 10% from last year Average Price: $747,123 Condominium Prices ⬇️8% from last year Average Price: $435,875 ⬆️14% since December 2022 ⬆️5% Freehold and 4% Condo increase since March 2023 Supply Total Inventory - ⬆️ & ⬇️ April 2022 - 2843 properties were listed April 2023 - 2144 properties were listed *5 ...
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