Steady as she goes for Ottawa real estate market in 2012
Ottawa, January 4, 2013 - Members of the Ottawa Real Estate Board sold 618 residential properties in December through the Board`s Multiple Listing Service system, compared with 695 in December 2011, a decrease of 11.1 per cent. The five-year average for December sales is 617.
The total number of homes sold through the Board`s MLSÂ system in 2012 was 14,308, only a minor decrease from the 14,389 homes sold in 2011. However, resale home sales in 2012 were slightly above the five-year average of 14,274. The average sale price for 2012 was $351,792, an increase of 2.3 per cent over 2011.
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