My mission statement: To make a SUPERIOR effort, and achieve SUPERIOR results, for each and every one of my clients. Real Estate as a SUPERIOR investment This chart represents the OTTAWA residential average sales in the last 50 years. Statistics are provided by Royal Lepage Team Realty and MLS.CA | Year | Average Price | % Change | Year | Average Price | % Change | | 1958 | $15,564 | +9.37% | 1983 | $86,245 | +21.34% | | 1959 | $16,038 | +3.05% | 1984 | $102,084 | +18.37% | | 1960 | $16,791 | +4.70% | 1985 | $107,306 | +5.12% | | 1961 | $16,070 | -4.29% | 1986 | $111,643 | +4.04% | | 1962 | $15,952 | -0.73% | 1987 | $119,612 | +7.14% | | 1963 | $16,549 | +3.74% | 1988 | $128,434 | +7.38% | | 1964 | $16,563 | +0.08% | 1989 | $137,455 | +7.02% | | 1965 | $17,056 | +2.98% | 1990 | $141,438 | +2.90% | | 1966 | $18,004 | +5.56% | 1991 | $143,361 | +1.36% | | 1967 | $19,476 | +8.18% | 1992 | $143,868 | +0.35% | | 1968 | $23,329 | +19.78% | 1993 | $148,129 | +2.96% | | 1969 | $25,652 | +9.96% | 1994 | $147,543 | -0.40% | | 1970 | $26,532 | +3.43% | 1995 | $143,193 | -2.90% | | 1971 | $27,808 | +4.81% | 1996 | $140,513 | -1.90% | | 1972 | $30,576 | +9.95% | 1997 | $143,873 | +2.40% | | 1973 | $38,305 | +25.28% | 1998 | $143,953 | +0.10% | | 1974 | $46,661 | +21.81% | 1999 | $149,650 | +4.03% | | 1975 | $49,633 | +6.37% | 2000 | $159,511 | +6.58% | | 1976 | $54,623 | +10.05% | 2001 | $175,971 | +10.32% | | 1977 | $57,032 | +4.41% | 2002 | $200,711 | +14.06% | | 1978 | $59,134 | +3.69% | 2003 | $218,692 | +9.00% | | 1979 | $61,896 | +4.67% | 2004 | $235,678 | +7.70% | | 1980 | $62,896 | +1.38% | 2005 | $244,531 | +3.80% | | 1981 | $64,896 | +3.42% | 2006 | $255,889 | +4.70% | | 1982 | $71,080 | +9.53% | 2007 | $272,477 | +6.40% |
2008 $289,477 +6.30% Latest stats from the Ottawa Real Estate Board show an increase from Oct 2008 to Oct 2009 of +13.2% WoW! The last 50 years in Ottawa has resulted in an average annual increase of 6.38%. Please browse my website for listings, reports and important local real estate information.
Sincerely,
Dave D'Angelo B.A. Law, CD,
Royal LePage Team Realty
1335 Carling, Suite 200, Ottawa, ON, K1Z08N8 Pager: (613) 725-1171 Toll Free: 1-800-307-1545 Email Address: davedangelo@royallepage.ca 
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