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February Buyers Snap Up Limited Inventory

Members of the Ottawa Real Estate Board sold 1,005 residential properties in February through the Board’s Multiple Listing Service® System, compared with 978 in February 2018, an increase of 2.8%. 
Ottawa Real Estate Board. March 5, 2019

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Market Evolution

OREB
 
 

 


2020


2021


2022

% from
same month in 2021

% from
Average
for 2021

% from
Average
for 2020

JAN

$465,524

$587,892

$676,607

+15.1%

+4.7%

+27.7%

FEB

$506,334

$637,117

 $752,442

 +18.1%

+16.5% 

42.0% 

MAR

$515,410

$677,129

$757,225 

+11.8% 

+17.2% 

+43.0% 

APR

$476,462

$671,755

$740,383 

+10.3% 

+14.7% 

 +39.9%

MAY

$505,709

$669,989

 $719,936

+7.4% 

 +11.4%

+35.9% 

JUN

$530,647

$659,929

$690,940 

 +4.7%

 +7.0%

 +30.4%

JUL

$528,695

$621,886

$645,593 

+3.8% 

 ---

 +21.9%

AUG

$546,872

$606,943

 

 

 

 

SEP

$561,619

$639,631

 

 

 

 

OCT

$550,734

$639,449

 $624,003

 -2.4%

-3.4% 

 +20.6

NOV

$542,721

$644,148

 

 

 

 

DEC

$531,638

$615,858

 

 

 

 

AVERAGE

$529,675

$645,976

$699,510

 

+8.3% 

+32.1% 

 
 
 
 
 

Press Releases

 

CMHC

Canada Mortgage and Housing Corporation

National News Room

 

 
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