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.
(Sponsored)
Local businesses face hiring obstacles due to immigration pullback, flawed screening
In his 39 years of practicing immigration law, Warren Creates (a rare Law Society Certified Specialist) has never seen an environment so challenging for employers looking to hire workers from
How The Ottawa Hospital uses AI tools to boost health outcomes and streamline clinical efficiency
Dr. Douglas Manuel says it all began with the Ottawa Ankle Rules algorithm, a set of clinical guidelines developed in the early 1990s by The Ottawa Hospital’s Dr. Ian Stiell
Sales since the beginning of 2012 have been “on a steady incline,” the board stated, with increases seen in both inventory and prices.
