David Haynes - Kanata Real Estate

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 Real Estate Association reported Monday. Despite February's gains, sales are still ...

This is a good article from the Ottawa Citizen by Bert HillOttawa 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 and condominium apartments fell 16 and 17 per cent respectively but condo townhouses rose 16.7 ...

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 4.1 per cent to $321,333.  Across Canada, condo prices dropped by 5.2 per cent, but in ...

Ottawa’s 2008 resale market: more balance, less booming Members of the Ottawa Real Estate Board sold 467 residential units in December, a decrease of 18.8 per cent over December 2007, when there were 575 sales. This brings the total number of residential properties sold through the Board’s Multiple Listing Service® system in 2008 ...