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Real Estate News for the Kanata Area by David Haynes

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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...
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...