Ottawa's Housing Market

According to the Ottawa Real Estate Board, members of the Ottawa Real Estate Board sold 870 residential properties in February, compared with 903 in 2013, probably due to the less than favourable weather conditions, and possible distraction with the Olympics.  Ottawa's resales gained momentum in February. Looking at this months sales, in comparison to last month's sales, the market has picked up as we approach the busiest time of the year - 282 more homes were sold in February, over January. Average sale prices have risen by 2% from  Feb 2013.

 

Michael James

Michael James

Sales Representative
CENTURY 21 Capital Realty Inc., Brokerage*
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