The number of homes sold by members of the Ottawa Real Estate Board was relatively flat at 684. That's up marginally from the 677 sold a year earlier and slightly above the five-year average of 652.
"The results indicate it's been a typical month of January for the Ottawa and area resale housing market," board president Ansel Clarke said in a statement. "It is interesting to note that the inventory of properties for sale is considerably higher than a year ago, offering a lot of choice to buyers."
Of the 684 properties sold in January, 138 were condominiums. That particular category saw prices increase 6.8 per cent to $252,210.
