Ottawa Home Prices Continue to Increase

Ottawa average home prices continue to increase. The average price of the homes sold in September 2006 through its MLS system was $255,026, an increase of 6.5 % over the same month a year ago.

The average price of a single-family home sold last month was $273,946, up 5.3 % from a year ago. The average condo sold for $186,393, a gain of 2.9 %.

Year to date, the average price is $256,117.