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Market Summary - June 2024

Market Summary - June 2024

The Ottawa market continues to slowly chug along, but inventory has now ticked up to an 8 year high to 2.5 months.  Buyers have more choice than ever, but properties that are priced and marketed well still sell quickly.  Buyers should also be cognizant of quick market shifts and to react accordingly.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.