Page 3 - Debra Wright News Today

Join us for the Chamber's 34th Annual Pig Roast & Political Rally. Friday, August 12, 2016, 6 p.m. at the Lake Eva Event Center. Meet and mingle with Incumbents and Candidates campaigning for local, county, state and federal offices. The event will feature a fabulous dinner catered by John Michael…

Members of the Ottawa Real Estate Board sold 862 residential properties in December, compared with 997 in December 2020, a decrease of 14 per cent.

The average residential-class home sold for $716,992 last month, up from just over $600,000 a year earlier, the Ottawa Real Estate Board said Friday.

The Ottawa Real Estate Board warns the current housing inventory is "much lower than it should be" to meet demand, potentially leaving buyers out of the market.

The average residential-class home sold for $716,992 last month, up from just over $600,000 a year earlier, the Ottawa Real Estate Board said Friday.

Firm predicts the city’s housing inventory will grow slightly in the year ahead but says “low levels are expected to remain a concern.”

The Ottawa Real Estate Board says 1,677 residential properties were sold in Ottawa in October, down from 2,132 in October 2020.

Ryan Roberts has pleaded not guilty to all charges against him

Even so, average residential prices in August were still $190,000 higher than they were just two years ago, or 39 per cent higher.

Posted: Jul 11, 2021 4:00 AM ET | Last Updated: July 11 ‘Incredible unaffordability’ of housing still leaves many priced out of the market, analyst says CBC News Ottawa2 days ago 1:06Ben Rabidoux, president of Edge Realty Analytics, says houses in Ottawa are still unaffordable for first-time homebuyers, something he says isn’t likely to change anytime soon.1:06