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Is Ottawa's Housing Market Cooling?

I Ottawa's Housing Market Cooling? February 2013 statistics show a decline in home construction, sales, and prices. (Not) Under Construction 600 172 new 500 The construction of Ottawa homes was started in 400 300 February 2013 - a sharp drop from 200 512 in January. 100 January February Resale home sales in Ottawa DROPPED 9.3% For Sale? from February 2012. But, compared to last month, 315 MORE homes were sold. OTTAWA HOME PRICES ARE FALLING The average sale price of a residential property in Ottawa dropped 1.1% from February 2012 to $346,774 Sources: http://www.ottawacitizen.com/business/Ottawa+construction+latest+sign+housing+market +decline/8070773/story.html http://www2.ottawarealestate.org/home/NewsInformation/LatestNewsRelease.aspx Ray Smiley WWW.HOMEFORSALEINOTTAWA.COM

Is Ottawa's Housing Market Cooling?

shared by Zainpbs on Mar 15
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Real estate market in Canada has been in decline since mid 2012. So is Ottawa's housing marketing cooling?

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Ray Smiley

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Ray Smiley

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Economy
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