Valley real estate sales down by nearly 50 percent in January

Active residential listings numbered 219 units on the market at the end of January, more than double the levels from a year earlier, jumping 133 per cent from the end of January 2022 The ringing in of the new year did not bring good news to the real estate market in the Ottawa Valley as the trend of declining sales that dragged down the number of sales in 2022 continued in January with only 54 units sold in the first month of the year. National home sales declined by only three percent month-over-month in January compared to the 48.1 per cent registered.

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