What does 2012 have in store for the Ottawa Real Estate Market

Are you looking to buy or sell your home in 2012?  It’s a brand new year and there is lots to know about  the ever changing real estate market. In the Ottawa Area, the building of new homes is expected to drop and it looks like there will be a shift from new home buyers to baby boomers that are looking to downsize (source: Ottawa Citizen Business).  New development will be changing their target demographic and marketing towards the 55+ age group.  Are you looking to scale down this year?

For first time buyers searching for new builds, there are still plenty of options available – especially if you are looking for a suburb home.

“More than 80 per cent of all residential construction started in Ottawa in 2012 will happen in the suburbs,

outside the Greenbelt.”

Read more: http://www.ottawacitizen.com/business/Real+estate+down+from+peak/5921449/story.html#ixzz1iK9PioUk

Allow us to give you more information on the current market and your 2012 buying or selling guide for the Ottawa area.

Email: info@dekkerteam.com or call directly  613-860-HOME.