Ottawa Real Estate Board members saw a 13-per-cent increase in resales in December, capping a year where annual sales slightly rose.
Members sold 699 properties in December 2011 compared with 618 the year before. That month’s sales also well surpassed the five-year average of 611.
Annual sales rose 1.7 per cent to 14,412, the board stated.
OBJ360 (Sponsored)
Yves Tremblay and Sylvie Villeneuve have an extensive history of philanthropy and community involvement in Ottawa. It’s clear that being generous and making an impact have long been important to
Boutique employment law firm Emond Harnden proud to reach major milestone
Emond Harnden marked a major milestone when it hired its 50th lawyer this year.
“The market started off the year quietly, but gained momentum as we headed into spring and summer, losing very little steam during the fall and posting the best November on record, which leaves us with a very solid balance sheet for 2011,” stated past president Joanne Tibbles.
The average sales price in December rose 2.6 per cent to $332,527 across all property types.
The board stated 177 of December’s sales were condominums, and the remainder residential properties.
