Friday, January 13, 2012

Ottawa House Prices Peaked May 2011

Canada House Prices, Peaks and Falls has been updated to include Ottawa. (On it looks like Montreal and Quebec peaked at about the same time, but they seem to be getting a second wind so I'm holding off on those.)

As of December 2011 the OREB average residential price was $356,267 down from $378,228 in May 2011
A decline of 5.8% or $22,000.

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