Ottawa’s Resale Market Tracks Upward into Fall
Members of the Ottawa Real Estate Board sold 2,329 residential properties in September through the Board’s Multiple Listing Service® System, compared with 1,547 in September 2019, a year over year increase of 51 per cent. September’s sales included 1,759 in the residential-property class, up 58 per cent from a year ago, and 570 in the condominium-property category, an increase of 31 per cent from September 2019. The five-year average for September unit sales is 1,602.
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.