Royal LePage statistics show that in the first quarter of the year, the median price of an Ottawa home — including single family and detached homes, as well as condominiums — rose to $809,200, a 19.9 per cent increase from last year
“The biggest issue right now is a lack of inventory,” said Rick Eisert, broker and manager at Royal LePage Team Realty in Ottawa’s west-end.
Royal LePage is forecasting the aggregate price of a home in Ottawa will jump 13 per cent in the fourth quarter of 2022 compared with the same period a year earlier.
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