Ottawa's real estate market had its slowest sales year in 13 years in 2023, as high interest rates and affordability affected the market.
The Ottawa Real Estate Board says 11,978 homes and condominiums were sold in Ottawa in 2023, down 11 per cent from 2022. The average price of homes sold in Ottawa in 2023 was $667,794, down 5.5 per cent from 2022.
It's the fewest homes sold in Ottawa since 2010. According to the city of Ottawa's annual development report, there were 11,336 homes sold in Ottawa in 2010.
ottawa.ctvnews.ca
The Ottawa Real Estate Board says 11,978 homes and condominiums were sold in Ottawa in 2023, down 11 per cent from 2022. The average price of homes sold in Ottawa in 2023 was $667,794, down 5.5 per cent from 2022.
It's the fewest homes sold in Ottawa since 2010. According to the city of Ottawa's annual development report, there were 11,336 homes sold in Ottawa in 2010.
2023 was the slowest year for home sales in Ottawa in 13 years
The Ottawa Real Estate Board says 11,978 homes and condominiums were sold in Ottawa in 2023, down 11 per cent from 2022. The average price of homes sold in Ottawa in 2023 was $667,794, down 5.5 per cent from 2022.
