Ottawa has been seeing lots of demand for affordable housing and more so recently with our push to increase immigration to Canada.

With Canada's population growing by $1 Million in 2022 the prospect for affordable rentals across our country as well as in Ottawa and Ontario isn't looking great.

The numbers for February's house sales are in and are showing an increase in the average home price across Canada. The average price of a residential property has crossed the $500,000 mark in February 2017.

The price increase was driven largely by the Greater Toronto Area and surroundings as current supply cannot keep up with demand. The Canadian Real Estate Association president Cliff Iverson says the competition between buyers is less of a problems in other major Canadian cities.