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March Residential Resales Withstand Pressure of World Crisis

Members of the Ottawa Real Estate Board sold 1,525 residential properties in March through the Board’s Multiple Listing Service® System, compared with 1,507 in March 2019, an increase of only 1.2 per cent. March’s sales included 1,170 in the residential-property class, up 3.3 per cent from a year ago, and 355 in the condominium-property category, a decrease of 5.1 per cent from March 2019. The five-year average for March unit sales is 1,465.

Industry News

Ottawa REALTORS® Give $97,650 to Shelter-Related Charities

Members of the Ottawa Real Estate Board (OREB) raised $97,650 for the Ontario REALTORS Care® Foundation in 2019 and provided grants to 28 shelter-related charities in the Ottawa area. The funds were raised through the Board’s annual charity golf tournament and the “$2 per member per month” campaign.