Buyer Uncertainty Slows Down August Resales
Members of the Ottawa Real Estate Board sold 1,137 residential properties in August through the Board’s Multiple Listing Service® System, compared with 1,565 in August 2021, a decrease of 27 per cent. August’s sales included 850 in the residential-property class, down 27 per cent from a year ago, and 287 in the condominium-property category, a decrease of 28 per cent from August 2021. The five-year average for total unit sales in August is 1,603.
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.