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2021 Resale Market Normalizes and Breaks Records

Members of the Ottawa Real Estate Board sold 862 residential properties in December through the Board’s Multiple Listing Service® System, compared with 997 in December 2020, a decrease of 14 per cent. December’s sales included 601 in the residential-property class, down 15 per cent from a year ago, and 261 in the condominium-property category, a decrease of 10 per cent from December 2020. The five-year average for total unit sales in December is 809.

Industry News

Ottawa REALTORS® Give $106,952 to Shelter-Related Charities

Members of the Ottawa Real Estate Board (OREB) raised nearly $107,000 for the Ontario REALTORS Care® Foundation (ORCF) in 2021 and provided grants to 21 shelter-related charities in Ottawa and the surrounding areas.