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Residential Resale Slowdown Begins A Shift Towards Balance
Members of the Ottawa Real Estate Board sold 1,110 residential properties in July through the Board’s Multiple Listing Service® System, compared with 1,718 in July 2021, a decrease of 35 per cent. July’s sales included 840 in the residential-property class, down 36 per cent from a year ago, and 270 in the condominium-property category, a decrease of 34 per cent from July 2021. The five-year average for total unit sales in July is 1,691.
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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