Spring Market is Full Bloom!
So says the Ottawa Real Estate Board about the month of April, 2006. According to the board, members of the Ottawa Real Estate Board sold 1446 residential units in April 2001, compared with 1420 in April 2005. Of the 1446 units, 270 were condominiums, and increase of 8% over last April.
The demand for homes has remained strong. The average price of residential properties, including condominiums, sold in April in the Ottawa area was $260,881. That’s an increase of six percent over April 2005.
To view their full report visit http://orebweb4.oreb.ca/news_release.shtml