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Ottawa May 2022 Statistics & 50 Years of Change

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Ottawa Real Estate Market – May 2022 Statistics

OTTAWA, June 3, 2022   – Members of the Ottawa Real Estate Board sold 1,846 residential properties in May through the Board’s Multiple Listing Service® System, compared with 2,285 in May 2021, a decrease of 19 per cent. May’s sales included 1,384 in the residential-property class, down 22 per cent from a year ago, and 462 in the condominium-property category, a decrease of 11 per cent from May 2021. The five-year average for total unit sales in May is 2,031.

 

50-Years-of-ChangeWhether you’re looking for a property or are planning to sell yours, our Ottawa and Kanata real estate agents can answer your questions about the current real estate market, provide you with a current market valuation of your home and assist you in your search. Do not hesitate to contact one of our experienced REALTORS® today, we’ll be happy to help you.

 

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