No Cool Down In Sight

Blog by Ottawa Real Estate | Ottawa Homes for Sale | Ottawa Relocation | August 8th, 2012

Ottawa Housing Market Remains Stable

Summer Heat 

Some neighbourhoods in Ottawa are outpacing others. The cities inner part of the greenbelt is still seeing low levels of housing inventory where the suburbs are offering a good mix of selection for Buyers to pick and choose from.

Sales of Real Estate in Ottawa this past July 2012 outpaced the previous years for the same month in 2011 for actual units sold.

The July average selling price for a single family home in Ottawa was $337,518. The July average selling price for a condominium was $265,903. In contrast the average selling price for a home for the month of July was $616,000 for Vancouver and $476,947 for Toronto.

The market is Ottawa remaining active with no sign of a summer cooling down.

Visit for our current listings in the Ottawa real estate market.