Adam Mills Team Real Estate Market Update – August 2015

August Newsletter Summary:

  • July 2015 saw 1,436 homes sell in Ottawa, a decrease of 0.3% from July 2014.
  • The average sale price in July 2015 for a home in Ottawa was $394,889, an increase of 4.5% over July 2014.
  • Average “Cumulative Days on Market” in Ottawa is 76.

Also read about “Royal LePage’s view on further interest rate cuts” on page 2

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If you or anyone you know is looking to buy or sell a home, we would be happy to make their next move a success!

All the best,
The Adam Mills Team