Supply shortage drives Ottawa house prices up nine per cent in 2019

Ottawa's housing market appears trapped in a troublesome cycle. Fewer than 1,800 residential homes and condominiums were listed for sale at the end of December, according to data published Monday by the Ottawa Real Estate Board. While this suggests reasonable options for buyers, the combined listings represent less than half of one per cent of the city's 400,000 residences. That's a tight market. Read More