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Your resource for More Ottawa Real Estate (M.O.R.E) information, market news updates and the occasional mindless rambling from Jeff.

 
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Everyone wants to know what the new year will bring for real estate.  If only I had the proverbial crystal ball.


According to CMHC’s Fall Forecast, Ottawa may see a 2.1% decline in the number of sales in 2013 but a .08% increase in average price.  I also see volume dropping 2 - 3%, and with mortgage rates predicted to remain stable, I anticipate price increases under the rate of inflation.

 

Ottawa's a great place to call home & 2013 remains a good time to make a move!

 

Best wishes for a fantastic year!

 

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