CONDO SALES LEAD THE WAY TO ANOTHER RECORD BREAKING MONTH
The October stats are out. Here are the 3 key details to keep in mind:
- 1214 residential properties were sold in October, compared with 1,159 in October 2015, an increase of 4.7%. The five-year average for October sales is 1,130.
- The average sale price of a residential-class property sold in October in the Ottawa area was $392,579 an increase of 3.3% over October 2015.
- The average sale price for a condominium-class property was $251,465, an increase of .01% over October 2015.
Source: Ottawa Real Estate Board
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