house price up

JAMES BAGNALL

FIRST POSTED: WEDNESDAY, MAY 03, 2017 04:14 PM EDT | UPDATED: WEDNESDAY, MAY 03, 2017 09:51 PM EDT

Ottawa’s housing market strengthened in the favour of sellers in April as average prices for residential properties jumped 7.9 per cent year over year to $435,900. Members of the Ottawa Real Estate Board sold nearly 1,500 properties in April, up 2.5 per cent compared to April 2016, the OREB reported Wednesday.

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