Aspiring Ottawa homeowners camp out to scoop up spot in housing development

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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Aspiring Ottawa homeowners camp out to scoop up spot in housing developmentHouse hunters camped out overnight to view plans for a new building development, as the housing market heats up in Canada’s capital. We have a housing crisis. Yeah, wait until the market crashes a second time because of the increasing prices in cities like Toronto and Vancouver. It wont be long, I give it a couple years tops. I smell an astroturfing campaign
Source: CTVNews - 🏆 1. / 99 Read more »