Resale homes increased by about 14 per cent year-over-year this May, according to numbers from the Ottawa Real Estate Board.
Members of the board sold 1,896 residential properties compared with 1,659 last year. The sales in May 2012 included 364 condominiums.
Average sales price across all residential properties increased more than three per cent to $362,837 this year. Condominium prices bumped up 2.5 per cent to $268,831.
OBJ360 (Sponsored)
Giving Guide: the Diefenbunker
What we do The Diefenbunker: Canada’s Cold War Museum is Ottawa’s immersive history destination. It is an impressive four-storey underground facility that operated as the country’s central communications headquarters during
What we do Proud To Be Me is dedicated to empowering youth by providing Buddy Bench and mural programs, grants, and workshop development opportunities. We focus on building self-esteem, resilience,
Sales since the beginning of 2012 have been “on a steady incline,” the board stated, with increases seen in both inventory and prices.
