CMHC - an excellent resource.
Canadians are blessed with stable banking, good government and lots of natural resources. And some excellent resources that are supplied and supported by our government and banks. Canada Mortgage and Housing is the motherlode of information on Canadian real estate.
Wondering if its a good time to buy? CMHC has been religiously tracking the market. They have stats coming and going (the future and the past). And they break it down into the market that matters to the buyer (ie) Ottawa.
How much can I afford to spend on shelter? The name says it all, -Mortgage/Housing. Their website has the tools to work you through from household budget to a practical monthly mortgage payment (remembering you've got to eat daily).
I'm a believer in sharing (what goes around, comes around). So let me know if I can point you to where the right information is kept.
Gerard Windle, Broker, Keller Williams Ottawa Realty 613-795-2595