Growing Demand in Ottawa’s Booming Condo Market
According to Ralph Shaw, former president of the Ottawa Real Estate Board, speaking to The Globe and Mail, condo sales in Canada’s capital city have increased by 60% since 2015. Condo prices in the capital were up 7% within the same time frame. There was also a significant increase in condo sales in January 2019 of almost 21% year-over-year.
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