_may-2022-ottawa-real-estate-market-update.jpg "May 2022 Ottawa Real Estate Market Update from homes for sale ottawa Video Screenshot Preview")
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⏲ Duration: 1 min 48 sec
✓ Published: 11-Jun-2022
✓ Published: 11-Jun-2022
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What happened in the Ottawa Real Estate market last month?Let's take a look at what was going on. The number of sales was down 19.2% which we knew was going to happen coupled with an increase in the average sale price of 7.5%to $719,000nnYear to date the sales in Ottawa are down 13% however, interestingly the average sale price is up 11.5%. This increase in sale price is expected when the inventory is tight.nnInventory is starting to pick up, up 13.5%,which means more homes are hitting t
What happened in the Ottawa Real Estate market last month?Let's take a look at what was going on. The number of sales was down 19.2% which we knew was going to happen coupled with an increase in the average sale price of 7.5%to $719,000nnYear to date the sales in Ottawa are down 13% however, interestingly the average sale price is up 11.5%. This increase in sale price is expected when the inventory is tight.nnInventory is starting to pick up, up 13.5%,which means more homes are hitting t
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