home prices

A total of 1,766 homes sold for at least $1 million in Ottawa in 2021, more than double the previous year’s tally of 750 such “luxury” transactions, the firm says.
Canadian Real Estate Association said Monday that about 667,000 residential properties changed hands in 2021, about 30 per cent more than the 10-year average.
Median price of a single-family detached home in the capital rose 20 per cent year-over-year to $876,600 in the quarter, while condo prices increased 11.5 per cent to $417,700.
Firm predicts the city’s housing inventory will grow slightly in the year ahead but says “low levels are expected to remain a concern.”
'I don't expect we'll be in a balanced market anytime soon.'
Agency says resale housing market will “remain robust in 2021,” with average prices expected to reach up to $640,000 – nearly $110,000 above the 2020 average.
Report predicts weaker demand for homeownership due to job and income losses.
Local real estate board predicts sales will rebound as restrictions are eased.
The median price of a bungalow in the capital shot up 10.1 per cent year-over-year to $501K in the quarter
The aggregate price of a home in Ottawa is set to rise at a faster rate than the rest of Canada, according to the latest projections from real estate firm Royal LePage