The Ottawa Real Estate Board has just released the stats for November 2017. Normally we would see November slow down in the number of transactions. This year, we have surpassed last November by 24.9% in the number of transactions. The market is still very active, so if you have been waiting to get your house on the market, it is still a good time to do so.
The Ottawa Real Estate market is a very stable market. We keep increasing by a few percentage points, which is better than the big spikes in prices. Other markets in Canada go up and down, but the local market is very stable.
Let me know what you think about the market in your area. Are you seeing more SOLD signs?
Thinking of buying a home in the near future? Check out my 14 tips to buy your next home.