House hunters camped out overnight to view plans for a new building development, as the housing market heats up in Canada’s capital.
Tanya Janic wasn’t taking any chances on missing out when she heard HN Homes has 26 new housing lots for sale in Ottawa’s Riverside south suburb.“I arrived after work and there was already a big line-up. I was 25th in the line and there are 26 lots.”“I was here at about 2:30 in the afternoon, then took over and we went back and forth to get supplies and a sleeping bag,” Yvette Besner said.“There is no inventory so clients are moving towards new builds because it’s a sure shot.
Ottawa is now the country’s fourth most expensive housing market, according to a new survey by real estate franchiser Royal LePage. The aggregate home price there rose 7.7 per cent year-over-year to $469,407 in the first quarter of 2019.
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