Ottawa Real Estate Board members sold 1,009 houses and condominiums in February, an increase of 7.3 per cent over last year.
The average sales price for all property types was $350,046, up 3.2 per cent from last year. The price is based on the total dollar volume of all properties sold.
The sales included 244 condominiums and 765 residential properties.
OBJ360 (Sponsored)
Upgrading tech without the price tag: How one Ottawa company is changing the game
They say, “If it ain’t broke, don’t fix it.” But what if it’s outdated? Keeping up with the latest technologies can be a challenge when the pace of innovation is
Legal tips for making workplace changes during a period of economic uncertainty
With the ongoing threat of severe trade disruptions and economic uncertainty in the air, business owners who have been economically impacted by the tariffs might be contemplating changes to their
“This month’s results indicate a steady incline in resale housing in the Ottawa area,” stated OREB past president Joanne Tibbles.
“The number of sales increased since January, and the inventory of properties for sale is back to a normal rate – still offering plenty of options for buyers, and this indicates a healthy balanced market as we head into spring.”
