Once again, the Ottawa real estate market maintained its ongoing momentum of record home sales for November due to the following factors:
Increased Record Sales In Residential Homes
- Residential homes contributed to record sales where 945 homes were sold compared to 762 homes in November 2016, a 24 per cent increase.
- The majority of the sales were in the $300,000 and $450,000 price range, accounting for 46 per cent of the residential market.
Click here to read more: Ottawa Real Estate November 2017
About the writer
Michael Arthur is a realtor with RE/MAX Core Realty Inc., who specializes in residential properties and leasing of commercial properties. He works with various clients that include first-time home buyers, real estate investors, business owners, renters, and homeowners who are going through life transitions, ranging from divorce to personal bankruptcy. He can be reached at (613) 890-SOLD (7653). Website: miketheagent.ca.