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Ottawa’s May Residential Resales Underperform Expectations
Members of the Ottawa Real Estate Board sold 1,846 residential properties in May through the Board’s Multiple Listing Service® System, compared with 2,285 in May 2021, a decrease of 19 per cent. May’s sales included 1,384 in the residential-property class, down 22 per cent from a year ago, and 462 in the condominium-property category, a decrease of 11 per cent from May 2021. The five-year average for total unit sales in May is 2,031.
REALTORS Care® Foundation Grants
Every year, OREB Members raise funds for the Ontario REALTORS Care® Foundation to help shelter-related charities in the Ottawa area.
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