Ar_home_b_search
 

Hello everyone,

For those of you who were wondering what is going on with the Ottawa Real Estate market.

Here is what CMHC has to say:

Forecasting for 2009

MLS Sales are expected to decrease by 4.3%
New home construction starts are expected to decrease by 12.4%
MLS prices are expected to increase by 3.6%
Unemployment is expected to increase by 0.8%

We are very lucky to be living in Ottawa! We are sheltered from some of the exterior elements that are seriously affecting other major cities through out the world.

If you have any questions with respect to the Real Estate Market in Ottawa or you would like to know what locations and type of housing is doing better than others, please feel free to ask away.

 

Todd

 
Posted by Todd McLaughlin on 11/27/2008 11:53 AM   Comments (2)   Ottawa Real Estate MArket Overview in the ActiveRain Channel  
Generate short URL

2 Comments on Ottawa Real Estate Market Update

JAN
30
2009

Looks like a good forecast!  Another great thing about real-estate in 2009 is that interest rates are near 50 year lows.  This is making it more affordable than ever to buy a home or refinance.

A highlight of current rates include: 5-year at 4.39%, 3-year at 3.75%, and 1-year at 3.50%

Cheers,

Darryl (http://activerain.com/blogs/djbandoro)
9:06am • #1
AUG
04
2009
This site rocks :-) Very nice! Greetings from China. I am from Armenia and also now'm speaking English, tell me right I wrote the following sentence: "Only she hasn't attended preschool for over a month, maybe even weeks, and this conversation is not reserved only for first thing in the morning." Thanks 8). Meryl.
Meryl
8:53am • #3

What does the graphic say?

Leave a response…

(optional)
What does the graphic say?
 

Todd McLaughlin

Ottawa, ON

More about me…

Royal Lepage Performance Realty, Brokerage

Address: 165 Pretoria Ave, Ottawa, On, K1S 1X1

Office Phone: (613) 238-2801

Cell Phone: (613) 697-9186

Email Me



Links

Archives

RSS 2.0 Feed for this blog

Find ON real estate agents and Ottawa real estate on ActiveRain.