Ottawa Real Estate Market

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Blog by Ottawa Real Estate | Ottawa Homes for Sale | Ottawa Relocation | October 25th, 2010

Outlook good for Ottawa

The RE/MAX Market Trends 2010 report is out now and indicates some positive trends for the Ottawa real estate market. According to the report, “the city saw 10,747 homes move through its MLS system, compared with 10,721 during the same period one year earlier. Values have posted an increase of 8.5 per cent year-to-date, with average price rising to $326,666, up from $301,072 in 2009. Consumer confidence remains high in Ottawa, propped up by a solid high-tech and government base. Demand remains strong in all segments of the market, with move-up purchasers most active.” For the full report, go to the News & Trends section of our company website at