January house prices jumped fastest in western, wealthiest districts

Ottawa’s real-estate market split in two in January as the number of residential properties sold actually slipped year over year while there was a surge in the sale of condominiums.
Perhaps not surprisingly, prices in the two sectors diverged. The average price for residential properties jumped 8.8 per cent year over year to $427,500 in January. In sharp contrast, the average price for a condominium in Ottawa slipped 8.6 per cent to $263,750, according to estimates published Monday by the