Ottawa Real Estate Market Update for June 2022

August 7, 2022

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Market Summary:

With mortgage rates on the rise the Ottawa real estate market continued to slow in June of 2022

  • Detached homes gained 6.1% from a year ago. They were down about $30,000 on a month to month basis.
  • Townhomes were up 6.8% compared to a year ago and lost about $25,000 on a month to month basis.
  • Condos gained about 0.8% compared to a year ago and were down about $35,000 on a month to month basis.

Ottawa real estate sold prices are available via my site https://ottawarealestatesoldprices.ca. Please note you will need to register and sign-in in order to access sold data.

 

I am always happy to answer any real estate related questions you may have.

 

Kind regards,

Kiril Peev

Email: kiril@sutton.com / www.kirilpeev.ca

Sales Representative / Sutton Group – Ottawa Realty / Brokerage, Independently Owned and Operated

Hintonburg – Orleans – Kanata

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Referrals are always welcome and greatly appreciated. Thank you!