January Stats!

By: James Blaskie

January Stats!

Tags: Ottawa, House Prices, Real Estate, Market, Homes

The numbers are in! What a year 2018 was for RE/MAX Hallmark Agents across Ontario. 

The graph says it all. 

In 2017, Ottawa saw a shift in the market. It carried over into 2018 and again into 2019. We are currently sitting in a Seller's Market -- inventory is at a record breaking low. What does this mean? Lots of buyers and no homes to buy. When a property comes up, chances are it's not staying on the market very long. Bidding wars are in full effect! 

If you or someone you know is thinking of selling, now's the time! Contact us for your free home evaluation!