Ottawa Real Estate Market Snapshot – July 2020

The numbers are up again as this past months unit sales increased 19% from this time last year! Ottawa’s resale market offers solid returns for many Sellers, while Buyers continue to feel the squeeze. Those most impacted are especially those attempting to enter the housing market. Multiple offers are a common occurrence with over 57% of properties selling over the listing price compared to 33% of transactions last July. If you’re considering a move we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company protecting your interests.