Ottawa house prices jump 8.6 per cent amid listings shortage

The surprise is that Ottawa house and condo resale prices aren’t moving up faster. February data published this week by the Ottawa Real Estate Board showed just 2,413 residential listings at the end of February — down 20 per cent from a year earlier, and a remarkable 37 per cent below that tally from Feb. 28, 2017.
For condos, the collapse in the number of listings was even more extreme — these were off 31 per cent compared to Feb. 28, 2018 and down nearly 50 per cent over the