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Ottawa housing sales drop in October

<br><br>Housing sales were down 12.9 per cent in Ottawa in October, compared with the same month last year. The Ottawa Real Estate Board said Tuesday that 1,042 residential properties were sold, compared with 1,197 in October, 2009. "Six months ago we were in a strong seller's market, now we have moved into a more balanced market position,'' said immediate past-president Rick Snell. <br><br>

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Housing sales were down 12.9 per cent in Ottawa in October, compared with the same month last year. The Ottawa Real Estate Board said Tuesday that 1,042 residential properties were sold, compared with 1,197 in October, 2009. "Six months ago we were in a strong seller's market, now we have moved into a more balanced market position,'' said immediate past-president Rick Snell.