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As pointed out in the City’s Annual Report yesterday the population of Ottawa is growing but that being said the growth is being most felt in the west of the city. The high tech hub and the DND move to Moodie Drive is creating a shift in the city. New DND employees are considering the west rather than the east.

Hunt Club, Windsor Park, Hintonburg, West Centretown, and Mooney’s Bay, Carleton Squre lead with the highest price increases. Read more here.

The City has released it’s Annual Report for 2016.

Below you will find a link to said report a few noteworthy figures:

• The population of Ottawa was 968,580 at the end of 2016. Up by 0.8 per cent from 2015 but not up to 976,008 as projected in city’s official plan.
• The Kanata-Stittsville shows the highest growth at 27.8 per cent.
• The percentage of people living within the greenbelt has slowly decreased since the 2001 amalgamation.
• At the end of 2016 55 per cent lived inside the greenbelt.
• There were 5,298 housing starts in 2016. An increase of 6.6 per cent from 2015.
• Average resale price for all units including residential and condo was $371,000 in 2016.
• The average for single-detached new build home was $527,609.

Some information contained within the City of Ottawa Annual Report are from Statistics Canada, Canada Mortgage and Housing Corporation (CMHC) as well as the Ottawa Real Estate Board.

The CBC website reports that the average house price for Canada has gone down 0.3%. This map from the CREA – Canadian Real Estate Association is really great as you can choose to look at the figures for the country, a province, or a city. The statistics for Ottawa show the average price for July 2017 at $391,119 up 5.3% from July 2016 at $371,503.