Royal LePage House Price Survey and Market Forcast

Happy Thanksgiving from our Team.  Below is the most recent information on the market from Phil Soper, CEO Royal LePage. 

“Aggregate home prices continue to rise in the nation’s capital as supply issues relegate some prospective buyers to the rental market, according to new third-quarter data from Royal LePage.

The real estate brokerage reported Thursday that the aggregate home price in Ottawa for the three months ending Sept. 30 was $481,948, an increase of 3.7 per cent year-over-year.”