October 5, 2010 : Ottawa housing sales near average in September

Members of the Ottawa Real Estate Board sold 1,074 residential properties in September through the Board’s Multiple Listing Service® system compared with 1,218 in September 2009, a decrease of 11.8 per cent.

Of those sales, 240 were in the condominium property class, while 834 were in the residential property class. The condominium property class includes any property, regardless of style (i.e. detached, semi-detached, apartment, stacked etc.) which is registered as a condominium, as well as properties which are co-operatives, life leases and timeshares. The residential property class includes all other residential properties. Continue reading →