Residential Resale Market: A Tale of Two May Lockdowns
OTTAWA, June 3, 2021 – Members of the Ottawa Real Estate Board sold 2,296 residential properties in May through the Board’s Multiple Listing Service® System, compared with 1,342 in May 2020, an increase of 71 per cent. May’s sales included 1,779 in the residential-property class, up 67 per cent from a year ago, and 517 in the condominium-property category, an increase of 85 per cent from May 2020. The five-year average for total unit sales in May is 2,123.
Up, up and away. If can share additional stats if you like, message me are comment below. Are we are going to “pay” for this later?
in Market Stats
Here is a quick overview of the statistics for home sales in Ottawa in May 2020:
