How's the real estate market in Ottawa? update June 2021
Slight increase in absorption rates across the board (except Kanata row/semis), largest increases in Barrhaven.
Still an inventory shortage.
Sales to new listings increased in Ottawa however moving closer to a balanced market in Stittsville and Barrhaven. (supply & demand)
# of cancelled/expired in June was 939, 29% increase from May - Noticing more listings passing offer dates and sellers changing strategies