Ottawa condo prices all over the map in November while house prices slow
At first glance, Ottawa’s resale market for condominiums looked to be on fire in November. The average price for condos sold across the city jumped 11.1 per cent year-over-year to $285,800 on average, according to data compiled by the Ottawa Real Estate Board, based on the activity of 3,000 sales agents.
In sharp contrast, the average price for single family homes sold in November was $429,000 — up just 2.6 per cent from a year earlier.
However, it turns out the mini-surge in condo p
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