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Ottawa Real Estate Market Update June 2020

Market Snapshot: A sensational rise in the quantity of deals this previous month with deals inside 2% of this time a year ago! While it didn't come as an unexpected that unit deals were down 55% in April, and 44% in May, in sensational differentiation the June figures are an invite indication of things refocusing in our commercial center. Costs keep on ascending in both the apartment suite and private market and we are seeing increments in the twofold digits contrasted and a year ago, with short of what one month's flexibly as of now accessible, we are still in a solid Seller's Market.


As per the Ottawa Real Estate Board's most recent measurements roughly 56% of properties sold over asking cost and numerous offer circumstances are normal. In case you're thinking about a move we're here to help answer any inquiries you have, in this market you'll need a certified, proficient land organization securing your inclinations. Message us whenever!


We have detailed statistics and market reports available in all areas in and around Ottawa.


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Royal LePage Team Realty Brokerage Ottawa | Ottawa Real Estate Agents
Office: 613-725-1171 Direct: 613-864-3327 E-Mail: charleskhouri@royallepage.ca 1723 Carling Avenue Ottawa, Ontario K2A 1C8

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