February’s Resale Market Back in Overdrive
Members of the Ottawa Real Estate Board sold 1,141 residential properties in February through the Board’s Multiple Listing Service® System, compared with 1,002 in February 2019, an increase of 13.9 per cent. February’s sales included 835 in the residential-property class, up 10.9 per cent from a year ago, and 306 in the condominium-property category, an increase of 22.9 per cent from February 2019. The five-year average for February unit sales is 1,006.
Ottawa Real Estate Board Announces New President for 2019
On December 6, 2018, Members of the Ottawa Real Estate Board (OREB) elected a new Board of Directors for the upcoming year. The new Board will be comprised of 2019 President Dwight Delahunt, Past President Ralph Shaw, President-Elect Deborah Burgoyne, and Vice President Dominique Milne. Joining them are Directors Ken Dekker, Mitch Gauzas, Paolo Farago, Tim Lee, Andrew Ouellette, Peter Sardelis, Anne Scharf, Penny Torontow, and Debra Wright.