Angie Osika & *Gerry Osika

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Affordability of Housing in Ottawa

Posted by Angie Osika & *Gerry Osika on Saturday, October 31st, 2015 at 12:20pm.

According to Canada Mortgage and Housing Corporation (CMHC-Fall 2015 Outlook), Ottawa has remained relatively affordable compared to housing in other major cities with no major swings since 2012.

The Globe and Mail published a chart sourced from CMHC data, in the Report on Business (10/30/15), whereby it highlighted the fact that it saw weak evidence of any overheating, price acceleration and overbuilding in the Ottawa Market, and only moderate evidence of over evaluation. 




Gerry Osika, Broker, MBA

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