Overall, nearly 19,000 homes changed hands last year, a slight increase over 2019’s total of about 18,600.
Ottawa Real Estate Board
Board says the number of condos listed for sale is 25 per cent higher than a year ago, and properties are staying on the market longer.
The average sale price of a home in Ottawa was $524,956 in the first 10 months of 2020, brokerage said Tuesday, up 19.2 per cent from a year earlier.
While sales of condominiums rose 22 per cent year-over-year to 481, the number of new units added to the market jumped 70 per cent compared with October 2019.
Strategies for reducing the uncertainty of any commercial transaction.
New home starts were virtually unchanged in September compared with a year earlier at just over 1,500, housing agency says.
The average house price in the capital jumped 28 per cent year-over-year to $622,557, the Ottawa Real Estate Board says.
A flood of new listings last month did nothing to slow the rapid increase in local home prices, the Ottawa Real Estate Board reported Thursday.
The average sale price of a residential-class property was $585,084 last month, up a whopping 20 per cent compared with July 2019.
Average sale price jumps 15% to $575K