We have seen a significant increase in average prices this month, this is largely in part to the number of sales above the $1M price range. The upward trend that we have been seeing is still happening, but maybe not quite as pronounced as what these numbers reflect. Time will tell. Buyer demand and affordability are still two major factors that are going to impact the Real Estate Market in Ottawa this year. Talk to us today if you have any questions! We are your Real Estate Professionals for LIFE!