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Real Estate News for the Kanata Area by David Haynes

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Housing market shows signs of life!
Here's a good article from the Ottawa Citizen, by John Morrissy: Canada's housing market showed signs of life in February after months of declines, with resales rising 8.6 per cent from January thanks to lower mortgage rates and prices, the Canadian Read More...
How did the Ottawa housing market do for January?
This is a good article from the Ottawa Citizen by Bert Hill Ottawa housing resales fell 18.7 per cent in January as nervous buyers continued to be distracted by a global recession. The biggest decliner was bungalow sales, off 26 per cent. Two-storey houses Read More...
How is Ottawa's resale housing market performing compared to the rest of the country?
Ottawa's resale housing market continues to perform well despite sales and prices dropping in other Canadian markets. While the national price average for detached bungalows dropped 4.8 per cent over 2008, in Ottawa the price actually increased by Read More...
The real estate market outlook for Ottawa for 2009.
The real estate market for Ottawa for 2009 is expected to be stable. Experts are predicting a balanced market which favours both buyers and sellers. In 2008, although there was a Canada-wide 15% reduction in home sales, the numbers in Ottawa showed only Read More...
Canadian Real Estate: No Signs of U.S. Style Meltdown
(by Yemisrach Kifle) The Canadian housing market maybe slowing, but it isn't facing a meltdown such as the one in the U.S., according to PricewaterhouseCoopers (PwC). Over the past several years, banks and regulators have kept a close eye on mortgage Read More...