Wanted: Ottawa Homes For Sale When the calendar rolled over into 2018 many real estate experts across Canada were speculating the housing market to "cool off" with tighter mortgage rules and higher interest rates impacting home buyers. While that may be the case in other real estate markets, in the Ottawa Real Estate market the biggest factor in February's 2.8% drop in the number of sales (year over year), is that listing inventory is scarce. "There is no doubt our sales number would have been much higher if we had more properties available for sale. Buyer demand is there, but our inventory in both residential class and condos continues to decline. This is creating a supply side issue in the Ottawa real estate market" -Ralph Shaw, OREB President The Ottawa Real Estate board’s recently released statistics show that home buyers are still actively searching for properties in spite of the low inventory, which is ...