Ottawa realtors kicked off 2017 by setting a five-year high for home sales in January, traditionally one of the local market’s slower months.
Members of the Ottawa Real Estate Board sold 667 homes last month, an 11.5 per cent increase over the previous year, the association said Friday.
“The year is off to a great start, with sales up over this time last year,” said OREB president Rick Eisert in a statement. “The number of properties listed in January has doubled the amount listed in December, which is very typical of sellers getting a jump start on the spring selling season.”
(Sponsored)
OCOBIA eyes Ottawa BIA expansion as it gears up for election year
Michelle Groulx says it’s not difficult to spot the Ottawa neighbourhoods with their own business improvement area (BIA). That’s because, she says, BIAs are a visual and experiential representation of
Advanced Business Interiors (ABI) is Making Space Work in Ottawa
ABI’s journey began with a small team on Thurston Drive in 1989; four locations and almost 37 years later, Advanced Business Interiors is now one of the largest office furniture
The average resale price, which can fluctuate from month to month, was $394,001. While that’s up 1.9 per cent over January 2016, it’s a drop from December’s record-setting average price of $420,750.
