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April Residential Resales in a Flux

Members of the Ottawa Real Estate Board sold 1,889 residential properties in April through the Board’s Multiple Listing Service® System, compared with 2,394 in April 2021, a decrease of 21 per cent. April’s sales included 1,419 in the residential-property class, down 23 per cent from a year ago, and 470 in the condominium-property category, a decrease of 13 per cent from April 2021. The five-year average for total unit sales in April is 1,849.

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.