Housing prices in Ottawa will rise five per cent in 2022, Remax estimates | CTV News

The Ottawa Real Estate Board has previously warned that supply is a major issue for the Ottawa real estate market.

Inventory remains at a one-month supply for residential properties and 1.2 months for condominiums,” said Debra Write, Ottawa Real Estate Board president, in a statement on Nov.

In Kingston, the average price of a new home is expected to increase 10 per cent in 2022 to an average of $639,141.

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