Posts Tagged ‘market news’
Year-over-year for May, the Ottawa market is experiencing a significant increase in the number of sales, with an accompanying moderate increase in the average sale price. The number of sales since the beginning of the year has also been on a steady incline, which coupled with increased inventory and gradual price increases, signifies a continued… Read More >>
Sales in April indicate a steady Ottawa market as we sail through spring. Re-sale housing inventory is up by 6.9% since last year, and interest rates continue to be low, indicating that Ottawa remains in a healthy stable market.
Along with the increasing temperatures and the arrival of spring, March saw a substantial increase in residential sales. With interest rates continuing to be low, it is no surprise that the market remains healthy and balanced.
This month’s results indicate a steady incline in resale housing in the Ottawa area. The number of sales increased since January, and the inventory of properties for sale is back to a normal rate – still offering plenty of options for buyers, and this indicates a healthy balanced market as we head into spring.
The results indicate it’s been a typical month of January for the Ottawa and area resale housing market. It is interesting to note that the inventory of properties for sale is considerably higher than a year ago, offering a lot of choice to buyers.
Resale home sales in 2011 were slightly above the five-year average of 14,326, and that’s really the story for the year. The market started off the year quietly, but gained momentum as we headed into spring and summer, losing very little steam during the fall and posting the best November on record, which leaves us… Read More >>