Housing Market Shows Increases: GOHBA

This is an edited release from the Greater Ottawa Homebuilders’ Association:

—

The latest data on new home sales confirms a sustained momentum  from the beginning of the year into March. According to the most recent Ottawa New Home  Market Report, 313 new homes were sold last month. These figures represent a 58 per cent  increase compared to March of last year when 198 sales were recorded. This also signifies a  modest rise from February, during which 286 new homes were sold.

“The steady increase of new home sales is a terrific sign for the housing market as we venture  further into the year,” said Jason Burggraaf, Executive Director of the Greater Ottawa Home  Builders’ Association. “It feels like consumer confidence is improving, and that the pent-up  demand from last year is starting to be seen in sales centres.”

With three months of data secured, the trajectory of new home sales in 2024 continues to rise.  The 872 sales confirmed year-to-date represent an 84 per cent increase compared to the same  period last year when sales were at 473.

—

—

RECOMMENDED FOR YOU

How Was Time Spent In London, Mayor? PATTONMenard Calls Lansdowne Plan ‘Disappointing’OC Transpo Will Create World Peace: PATTON

—

DON’T MISS OUR REGULAR FEATURES

Everything Ottawa      Full Local     Bulldog Canadian

Opinion    Comments    Breaking News    Auto

Ontario   World    Get Cheap Gas   Big Money

Pop Gossip   Your Home    Relax …

Bulldog Weather    Full Local Sports

TV/Movies   Travel

Page 2   Page 3   Page 4   Page 5   Page 6

Other features:    Full Bulldog Index    Return to Bulldog Home