Ottawa home prices soar in February as sales hit record heights


A record number of residential properties changed hands in February, the Ottawa Real Estate Board says, as unprecedented demand caused prices to spike and cut the number of days it took to sell a home last month in half compared with a year ago.

OREB members sold 1,390 properties last month, up 23 per cent from February 2020 and well above the five-year average of 1,100. 

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