Home sales in Ottawa were up 6 per cent in 2016 compared with the previous year.
Ottawa Real Estate Board reports that the strong year ended with a year-over-year rise for sales in December, with 715 homes sold through its MLS, up 1.7 per cent from a year earlier.
“No matter what is said in the history books about 2016, it proved overall to be a great year for Ottawa real estate,” says Rick Eisert, 2017 President of the Ottawa Real Estate Board. “While prices remained fairly flat over the course of the year, the unit sales recorded in five separate months were the highest on record, including December.”
Overall annual sales totalled 15,537 while the average sale price for a residential class property increased 8.7 per cent to $420,750; and for a condo class property by 4.9 per cent to $262,698.
Steve Randall has more than three decades of media experience encompassing online, newspapers, magazines, radio, and podcasts. He focuses on insights and news for professionals in finance, real estate, and legal services. Steve writes for multiple Key Media titles in Canada, United States, Australia, and New Zealand.
The housing market in Norfolk County, Ontario, showed renewed energy in September 2025, as both sales and new listings moved upward, while prices held steady. ...
Within Port Moody’s most anticipated master-planned community, Umbra at Portwood brings together architecture, nature, and community in a way that feels both effortless and intentional....
The housing market in Norfolk County, Ontario, showed renewed energy in September 2025, as both sales and new listings moved upward, while prices held steady. ...
Within Port Moody’s most anticipated master-planned community, Umbra at Portwood brings together architecture, nature, and community in a way that feels both effortless and intentional....
As global temperatures rise and heat waves become more frequent, real estate investors face a changing climate that affects both risk and return. Buildings designed...
