Michael Arthur: Ottawa Real Estate Market Maintains Record Home Sales Streak In November

Michael Arthur

Michael Arthur

 

 by Michael Arthur

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

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