Ottawa’s real estate agents sold 995 homes in November, up 0.9 per cent from October’s total (986) and beating the 5-year average for the month (939).
The figures show a more typical level of monthly sales than the past few months in a year where exceptional sales figures have been achieved with December figures still to come.
“The condo market appears to be on the rise now, a welcome change compared to earlier in the year, with sales coming in at 16.2 per cent higher than November 2015,” says new Ottawa Real Estate Board President, Rick Eisert. “Several factors could have contributed to this increase – inventory levels trending downwards, steady prices, or buyers affected by the newly changed mortgage rules,” says new Ottawa Real Estate Board President, Rick Eisert.
Average sale prices were up year-over-year with residential class homes up 6.5 per cent to $405,320 and condominium class homes up 1 per cent to $277,650.
MBN
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- GTA, Ontario, Canada
- A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!
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