Lies, %#* lies and statistics
With apologies to Mark Twain.
I just finished reviewing statistics and trends in the Ottawa real estate market. The sheer magnitude of whats out there is intimidating.
There might not be another industry that tracks their numbers as carefully as real estate. And with the availability of the internet anyone can research for the numbers that support their position.
I've added the most interesting charts for Ottawa and the surrounding areas to my website www.winprogroup.com (after all a picture is worth a 1000 words).
That doesn't mean I've posted everything. A week doesn't go by that there isn't additional information made available the Ottawa Real Estate Board (OREB), the Canadian Real Estate Association (CREA), the Ontario Real Estate Association (OREA), the City of Ottawa, Canada Mortgage and Housing Corporation (CMHC), banks, mortgage brokers, ...
But you get the idea. Take a look at the real estate market statistics (chart form) and let me know what you think.
Gerard Windle, Broker, 613-236-5959
Keller Williams Ottawa Realty, Brokerage