Ottawa Real Estate: Cancelled Listings
The number of cancelled listings in the greater Ottawa area:
Oct 25th 2022 – Nov 24th 2022 – 696
Oct 25th 2021 – Nov 24th 2021 – 300
Oct 25th 2020 – Nov 24th 2020 – 281
Oct 25th 2019 – Nov 24th 2019 – 251
The number of cancelled listings have doubled as compared to the same time last year. Why?
There are a few factors causing this:
1. Properties are cancelled and then relisted at a lower price.
2. Properties are taken off the market.
From my experience and observations the first factor is the main contributor to the increase in canceled listings.
If you are looking to buy or sell in the Ottawa area, I am always happy to answer any questions you may have.
Sales Representative / Sutton Group – Ottawa Realty / Brokerage, Independently Owned and Operated
Hintonburg – Orleans – Kanata
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