Renewed confidence within the civil service sector buoys residential housing in Ottawa in Q2, says RE/MAX Hallmark Realty Group
Shift could push Ottawa’s balanced market into seller’s territory
Ottawa, ON (August 2, 2016) -- A renewed sense of confidence within the civil service sector, following last year’s federal election, combined with more affordable housing options throughout Ottawa and the surrounding areas, have contributed to an upswing in residential resale home buying activity in the second quarter of 2016, according to RE/MAX Hallmark Realty Group.
Close to 6,850 residential homes sold in the first half of 2016 in the nation’s capital, up almost six per cent over the same period last year (6,836 vs. 6,478). The year-to-date…