Check out the snapshot of the Ottawa housing market for the month of July 2021!
"Overall, average prices have increased considerably from 2020, and year-to-date values are holding steady. Still, sellers will need to keep in mind that the multiple offer frenzy experienced previously is no longer the norm, and they may need to have more realistic expectations when positioning their homes and setting on a listing price with their REALTORS®." States Ottawa Real Estate Board President Debra Wright.
Check out what happened in the Ottawa housing market for the month of May 2021!
"Although Ontario was in a lockdown in both May 2020 and May 2021, the impact they had on Ottawa’s resale market was quite different - with this year’s number of transactions being well over the five-year average. Undoubtedly, enhanced safety measures and vaccine adoption rates have enabled potential Buyers and Sellers to feel more protected and comfortable in their home buying and selling process,” states Ottawa Real Estate Board President, Debra Wright.
April 2021 Toronto Market Report
The report shows the enormous jump in number of sales and average selling price from 2019 to 2020