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Ottawa’s Resale Market “Steady as She Goes”
Members of the Ottawa Real Estate Board sold 2,146 residential properties in October through the Board’s Multiple Listing Service® System, compared with 1,604 in October 2019, a year over year increase of 34 per cent. October’s sales included 1,665 in the residential-property class, up 38 per cent from a year ago, and 481 in the condominium-property category, an increase of 22 per cent from October 2019. The five-year average for October unit sales is 1,515.
Industry News
Ottawa REALTORS® Give $18,260 to Covid-19 Stressed Charities
As Covid-19 continues to put pressure on the province’s already stretched shelter system, Members of the Ottawa Real Estate Board (OREB) are pleased to be able to support seven charities in our local community by providing $18,260 in emergency grant funding to assist with service continuity. This funding is part of a $480,000 donation made by the Ontario Real Estate Association (OREA) that will be distributed by the Ontario REALTORS Care® Foundation (ORCF) to shelters, food banks and shelter-based charities.
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