Ottawa Condo Stats from May 2013

page-2 Condo sales in Ottawa hit a 4 year low for May 2013, with only 326 re-sale condos selling, a nearly 10% drop from the previous year. Year to date 1241 re-sale condos have sold in Ottawa, 6.2% less than the 1323 that sold in the first 5 months of 2012. This segment of the market is showing the greatest lag in this year’s real estate market slow down. On the new construction side, there were 588 starts in Q1 of 2013 of Condominium apartments, 73% higher than the 339 that started construction in Q1 of 2012*

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