The impact of Coronavirus on Metro Ottawa will likely be very significant but, with a large number of government jobs, it is less vulnerable than other cities.
Buyer interest was high in the first three months of 2020, but the market will slow down now that open houses have been suspended.
Short-term rentals in Ottawa (now vacant due to Coronavirus) may be converted to long-term apartment rentals or sold, and this could add unexpected supply to the market.
