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Ottawa Real Estate Market Snapshot October 2023


octstatssnapshot

The October 2023 Ottawa Real Estate Board Stats are out!

Market Snapshot:

Sales and prices on resale properties in Ottawa may have slowed down however, this is a typical trend for October.
“While Ottawa’s inventory is slowly building, chronic supply issues mean there’s always an undercurrent of demand. Don’t let the lull fool you: now is a prime time for buyers to be looking for opportunities before the current carries us from a balanced market into seller’s territory.” – Ken Dekker, OREB President
If you’re considering a move, we’re here to help answer any questions you have, in this market you’ll want a qualified, professional real estate company to protect your interests. Message us anytime!