residential property: Average home sale prices in July stable! Ottawa is a Buyer’s Market - 08/06/15 03:18 AM
Average sale prices stable as Ottawa Remains a Buyer’s Market, July Real Estate numbers show
Ottawa’s Real Estate scene has been a buyer’s market in recent months, and that continued to be the story in July, the Ottawa Real Estate Board has reported.
In the press release posted on its website (www.oreb.ca) looking at Ottawa Real Estate sales for July of 2015, the Board says sales for July were stable, with no major fluctuations in average price or units sold.
The average sale price of a residential-class property sold in the Ottawa area in July was $394,889.
The Board also reports that “inventory levels remain … (0 comments)

residential property: Ottawa real estate market has best May sales since 2009 - 06/05/15 01:18 AM
There is good news in the sales numbers for Ottawa’s real estate market for May.
 
 
 
According to a press release posted by the Ottawa Real Estate Board, (www.oreb.ca) the Ottawa market in May of 2015 had the best results for unit sales for the month of May since 2009.  
The Board reports that its members sold 1,926 residential properties through the Multiple Listing Service system. That’s up from 1,789 properties in May of 2014, representing an increase of 7.7 per cent.  It’s also above the five-year average for May sales, which is 1,812. The numbers for May were up more than 350 … (0 comments)