"Steady September contributes to strong third quarter for 2017"
September 2017 was a good month overall for Ottawa Real Estate! The number of units sold increased by 1.6% in comparison to September 2016, with average prices also increasing by 8.6%.
The main reason for the price increase is due to the low supply of available homes, which leads to a lot more bidding wars on properties. The areas of the city seeing this trend are in the West and South, with some other pocket areas throughout.