Ottawa Real Estate Board members have sold almost 13 per cent more houses and condominiums year-over-year since last March, according to numbers released Wednesday.
The sales of 1,396 that month is above the five-year average of 1,276 in March.
“With interest rates continuing to be low, it is no surprise that the market remains healthy and balanced,” stated Ansel Clarke, president of the Ottawa Real Estate Board.
OBJ360 (Sponsored)
Last month Ottawa Salus launched “Opening Doors to Dignity,” a $5 million campaign to construct a 54-unit independent living building on Capilano Drive. Set to open in late 2025, this
How the uOttawa faculty of engineering instills an ‘entrepreneurial mindset’ in students
A decade ago, Terrafixing chief operating officer Vida Gabriel was a chemistry-loving student in high school with little to no interest in business or entrepreneurship. “I didn’t like the sales
Members sold 277 condominiums and 1,119 residential properties.
Average sales price rose to $353,684, up 2.1 per cent from March last year. The average sale price is based on the total dollar volume of all properties sold.