Patrick Walchuk, looking into his crystal ball sees a healthy 2021 for the Ottawa Market.

2021 Predictions: Number of sales will go up by 3-4%, to around 20,000 sales and Average Prices will increase by 6-7% for an average price of $565,000 in 2021.

CMHC said in their last report that Ottawa house prices would fall by somewhere between 9 and 13%. Some other banks, institutions are saying the opposite, that prices will increase by 7-9%.