Stable Economy

  • +1

Blog by Ottawa Real Estate | Ottawa Homes for Sale | Ottawa Relocation | March 9th, 2010

Stable Economy Supports the Ottawa Housing Market

“Ottawa’s stable economy continues to support the housing market against a sluggish global economy,” said Sandra Pérez Torres, senior analyst at CMHC.

In Ottawa, the prices of housing have continued to show steady growth when other housing markets throughout the Country were experiencing sharp increased and steep declines. Ottawa has proven to be a stable market to invest in with moderate growth year-after-year for the past 10 years.  

Buyer’s and Seller’s in Ottawa are very accurate in their expectations. If a listing is not priced right to the market, Buyers will not make an offer in fear of insulting the Sellers.

The Spring Market is in full swing here in Ottawa and new exciting listings are coming onto the market each day. The Hamre Team is known for having the “Showpiece Style” listings. We have a wonderful selection to choose from on sought after locations in your choice of communities in the Ottawa Area.

Follow us on Twitter, Facebook and/or our RSS Hamre Team Blog for the latest posting of our new listings as they hit the market, 24 hours before they appear on the public web sites.

By Greg Hamre – Sales Rep for the Hamre Team at RE/MAX metro city realty in Ottawa, ON., Canada