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Ottawa’s real estate market remained on its customary steady course in July, with an uptick in condominium sales that could be welcome news for sellers.
The Ottawa Real Estate Board said 271 condos were sold in the month through its Multiple Listing Service, a 3.8-per-cent increase from the 261 sold in July 2014. In a release, board president David Oikle called the increase “a positive change.”
Over the last decade, an influx of new condos has sapped demand for existing units. Even with July’s improved sales, the condo market remains down 2.9 per cent for the first seven months of 2015.
Condos changed hands for an average $255,102 in July, a 2.6-per-cent drop from a year earlier. For the year, the average is unchanged at $262,400.
In other housing categories, 1,165 properties were sold in July, a 1.2-per-cent decline from a year earlier. The average price was $394,889, up 4.5 per cent from July 2014.
Oikle noted that overall sales for the month were just four short of July 2014, the industry’s second-busiest July in Ottawa on record, and well above the five-year average.
The inventory of unsold properties remains high, however, “meaning we continue to be in a buyer’s market,” he said.
Properties in the $300,000-$400,000 range continued to lead sales in July, followed by the $200,000-$300,000 and $400,000-$500,000 ranges.
查看原文...
The Ottawa Real Estate Board said 271 condos were sold in the month through its Multiple Listing Service, a 3.8-per-cent increase from the 261 sold in July 2014. In a release, board president David Oikle called the increase “a positive change.”
Over the last decade, an influx of new condos has sapped demand for existing units. Even with July’s improved sales, the condo market remains down 2.9 per cent for the first seven months of 2015.
Condos changed hands for an average $255,102 in July, a 2.6-per-cent drop from a year earlier. For the year, the average is unchanged at $262,400.
In other housing categories, 1,165 properties were sold in July, a 1.2-per-cent decline from a year earlier. The average price was $394,889, up 4.5 per cent from July 2014.
Oikle noted that overall sales for the month were just four short of July 2014, the industry’s second-busiest July in Ottawa on record, and well above the five-year average.
The inventory of unsold properties remains high, however, “meaning we continue to be in a buyer’s market,” he said.
Properties in the $300,000-$400,000 range continued to lead sales in July, followed by the $200,000-$300,000 and $400,000-$500,000 ranges.
查看原文...
