May Market Cools As Heat Picks Up
The Ottawa Real Estate Board has released its sales statistics for the month of May, 2013. According to the press release, while home prices continue to increase slightly, the “Ottawa market is still on par with average sales since 2009, and 233 more properties were sold than the month before”.
“Even with the slight decline in sales year-over-year, Ottawa continues to be a great place to buy and/or sell your home,” says Clarke. “Interest rates continue to be low, and there is a wide varierty of inventory on hand.”