2016:A RECORD BREAKING YEAR FOR OTTAWA RESALES
The December stats are out. Here are the 3 key details to keep in mind:
- 715 residential properties were sold in December, compared with 703 in December 2015, an increase of 1.7%. The five-year average for December sales is 656.
- The average sale price of a residential-class property sold in December in the Ottawa area was $420,750 an increase of 8.7% over December 2015.
- The average sale price for a condominium-class property was $262,698, an increase of 4.2% over December 2015.
Source: Ottawa Real Estate Board
