Archives for sellers in Ottawa

House prices climb 7.4 per cent in May as Ottawa market strengthens

JAMES BAGNALL, OTTAWA CITIZEN Published on: June 2, 2017 | Last Updated: June 2, 2017 7:26 PM EDT   Real estate agents are finally getting a taste of spring — at least in some parts of the city. The average price for residential properties in Ottawa sold in May jumped 7.4 year over year to $436,600, the Ottawa Real Estate Board reported Friday. It’s the second month in a row that has seen prices increase in excess of seven per cent, suggesting Ottawa’s real estate market is strengthening in favour of sellers. Certainly agents are seeing multiple offers for new
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