Ottawa Market Experiences Record-Setting Sales in June

The June stats are out. Here are the 3 key details to keep in mind:

  1. 1,985 residential properties were sold in June, compared with 1,691 in June 2015. June 2016 had the highest sales in the history of the Ottawa real estate market.
  2. The average sale price of a residential-class property sold in June was $399,382, with residential two-storey and bungalows having the highest concentration of buyers.
  3. Normally the number of sales dips from May to June, but this year they increased by 3.3 per cent.

Source: Ottawa Real Estate Board

sold for sale sign