As snow hits Ottawa, November sales slowed slightly, while “Condo sales continue to bolster Ottawa resale market“ Highlights: Ottawa condo market appears to be on the upswing 14,825 homes were sold in the first 11 months officially making 2016 a record breaking year for number of sales Average prices were up, $405,320 in the residential class, an increase of 6.5% over 2015. While these statistics are useful in establishing market trends they should not be used as an indicator that specific properties have increased or decreased in value. If you’re interested in a property evaluation or statistics for specific neighbourhoods please email info@teamrealty.ca or contact one of our offices, or professional real estate representatives, we would be delighted to assist. News Release from the Ottawa Real Estate Board: Condo sales continue to bolster Ottawa resale market OTTAWA, December 6, 2016 – Members of the Ottawa Real Estate Board sold 995 residential properties in November through the Board’s Multiple ...