Thursday, November 3, 2011

Nothing wrong with Fall...

1,062 properties  were sold in the Ottawa Real Estate Board in October, a rise of 2.3 per cent from last year.

The sales were slightly below the five-year average for October, at 1,071. OREB said 253 of October's sales were in condos - up nearly 15 per cent from the same month last year - and 809 in residential properties.



While noting that condos were the main driver of resales that month, the average sale price of residential properties was $337,797, up two per cent from last year.

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