" Despite an uncertain economy, Ottawa residents aren't shying away from buying homes.
According to statistics re-leased Tuesday by the Ottawa Real Estate Board, 1,896 homes were sold during the month of May, a 14.3-per-cent increase over the 1,659 sold during the same month last year.
The total represented the second-best May the city has seen since 2008.
"Year over year for May, the Ottawa market is experiencing a significant increase in the number of sales, with an accompanying moderate increase in the average sale price," remarked Ansel Clarke, president of the Ottawa Real Estate Board. "The number of sales since the beginning of the year has also been on a steady incline, which, coupled with increased inventory and gradual price increases, signifies a continued strong, steady market."
The average sale price of a resale home sold in May was $362,837, an increase of 3.2 per cent over May 2011.
Condominiums represented 20 per cent of sales. The aver-age price for a condominium-class property was $268,831, up 2.5 per cent. The average sale price of residential properties excluding condominiums was $385,172, an increase of 2.1 per cent.
Year to date, Ottawa buyers have purchased 6,549 resale homes, a 7.7-per-cent increase over the 6,047 sold during the first five months of 2011.
© Copyright (c) The Ottawa Citizen"
Read more: http://www.ottawacitizen.com/business/Area+home+resales/6736010/story.html#ixzz1x2G8IWjD
According to statistics re-leased Tuesday by the Ottawa Real Estate Board, 1,896 homes were sold during the month of May, a 14.3-per-cent increase over the 1,659 sold during the same month last year.
The total represented the second-best May the city has seen since 2008.
"Year over year for May, the Ottawa market is experiencing a significant increase in the number of sales, with an accompanying moderate increase in the average sale price," remarked Ansel Clarke, president of the Ottawa Real Estate Board. "The number of sales since the beginning of the year has also been on a steady incline, which, coupled with increased inventory and gradual price increases, signifies a continued strong, steady market."
The average sale price of a resale home sold in May was $362,837, an increase of 3.2 per cent over May 2011.
Condominiums represented 20 per cent of sales. The aver-age price for a condominium-class property was $268,831, up 2.5 per cent. The average sale price of residential properties excluding condominiums was $385,172, an increase of 2.1 per cent.
Year to date, Ottawa buyers have purchased 6,549 resale homes, a 7.7-per-cent increase over the 6,047 sold during the first five months of 2011.
© Copyright (c) The Ottawa Citizen"
Read more: http://www.ottawacitizen.com/business/Area+home+resales/6736010/story.html#ixzz1x2G8IWjD
听着高兴。:blowzy:
