New statistics from the Ottawa Real Estate Board show the average price for a home was $758,802 last month. March's average condominium sale price was $437,041, an increase of 18 per cent from last year.
The number of properties sold is up more than 50 per cent from last year. A total of 2,285 residential properties sold in March through the Board's Multiple Listing Service System, compared with 1,514 in March 2020.