The Ottawa Real Estate Board says 11,978 homes and condominiums were sold in Ottawa in 2023, down 11 per cent from 2022. The average price of homes sold in Ottawa in 2023 was $667,794, down 5.5 per cent from 2022.
In this instalment of My Ottawa Life, Shirley Westeinde, who turned 80 in 2021, talks about her love of walking everywhere in Ottawa and enjoying good food, wine and music along the way.
It was a pretty slow summer for real estate sales in many Ontario markets, was this a harbinger of things to come as we now enter one of the busier periods of the year?
The average selling price for a new home in Ottawa increased $2,000 in August compared to a year ago, as the resale market stalled amid higher interest rates and economic uncertainty this summer.
In its fall market outlook released Tuesday, Re/Max Canada says it expects the average sale price of a home in Ottawa to drop to about $712,697 by the end of 2023, down two per cent from $727,242 at the end of July.