The common residential sale value in Ottawa for 2021 was $719,000 a 24 per cent increase from 2020. Condominiums have been up sixteen per cent with a mean worth of $419,000. The real estate market in Ottawa has little to offer right now for these looking to purchase. December 2021 was slow with 14 per cent fewer houses bought than the previous 12 months. Statistics about new residence building are necessary leading financial indicators. They can provide you a heads-up on the future of the housing market.
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