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April’s Resale Market Starts Strong and Sputters

Members of the Ottawa Real Estate Board sold 2,402 residential properties in April through the Board’s Multiple Listing Service® System, compared with 911 in April 2020, an increase of 164 per cent. April’s sales included 1,859 in the residential-property class, up 166 per cent from a year ago, and 543 in the condominium-property category, an increase of 155 per cent from April 2020. The five-year average for total unit sales in April is 1,830.

Industry News

Ottawa REALTORS® Give $77,359 to Shelter-Related Charities

Members of the Ottawa Real Estate Board (OREB) raised $77,359 for the Ontario REALTORS Care® Foundation in 2020 and provided grants to 22 shelter-related charities in Ottawa and the surrounding areas.