The average home is expected to increase in value by 3.5% in 2018. First time home buyers and the Move Up buyer are expected to drive the demand in Ottawa for 2018. The Ottawa real estate market is expected to be balanced.
I wouldn't hold my breath on the market being balanced. If inventory levels continue to be light, and demand high, I suspect we will see a similar type of market in the spring of 2018 - a lean towards a sellers market.
If you are giving ANY thought at all to making a move in 2018, please contact me via text or email, I believe there are opportunities to maximize your real estate investments and we can discuss why and strategies. text or call 613-270-9559