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High demand, short supply make cottage properties hot commodity in Ottawa-Gatineau region


The region’s cottage real estate market remains hotter than a flaming marshmallow as strong demand but dwindling supply continues to cause the average price of recreational properties to climb in Eastern Ontario and West Quebec.
Top realtors with extensive experience in selling country retreats say the current cottage craze is unprecedented, pandemic influenced and showing no signs of cooling off.
“It started Aug. 1 of last year and continued into this year,” says Scott Burns, owner of Rideau Realty Ltd., a small brokerage that s been in his family for years, located in the village of Portland on Big Rideau Lake. “It hasn’t slowed down at all.” ....

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Housing trends: Ottawa-area market remains strong to start 2021


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We’re going back to basics with natural materials and organic textures, says designer Sascha Lafleur of West of Main. P Photo by hoto courtesy West of Main
And both the new-home and resale markets are expected to remain strong this year.
“Ottawa has had a very robust new homes market for a number of years now, and the factors behind that high employment, population growth, pent-up demand aren’t going away, so I expect 2021 to be just as strong a year as the past few,” notes Jason Burggraaf, who is executive director of the Greater Ottawa Home Builders’ Association. ....

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