Ottawa house prices up slightly in Q2
The value of an average two-storey home was up a modest 2.3 per cent from the second quarter of 2014, to $411,350. Detached bungalows were up 1.9 per cent to $409,167, and standard condominiums were relatively unchanged, at $257,467.
"We had a good start to the year with strong activity including a record number of sales in May," John Rogan, broker of record, Royal LePage Performance Realty, said in a statement. "However, high inventory levels and very selective buyers have restrained price appreciation and kept average prices relatively consistent with this time last year."
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