From the blog...

Ottawa Market heads into Buyer’s Territory

Posted on: November 6th, 2014 by Chris Scott

Members of the Ottawa Real Estate Board sold 1,121 residential properties in October through the Board’s Multiple Listing Service® system, compared with 1,089 in October 2013, an increase of 2.9 per cent. The five-year average for October sales is 1,076.  The local residential listing inventory is up 12.5% from 2013, with 7,550 active listings at the end of October this year.  This has moved us into a “Buyers’ Market”.

Since each area – and even each neighbourhood – can be different, if you are curious to know what your home (or that of your neighbour) is worth on today’s market, give me a call.  I’m always happy to help when it comes to real estate!


Leave a Reply