My mission statement: To make a SUPERIOR effort, and achieve SUPERIOR results, for each and every one of my clients. Real Estate as a SUPERIOR investment With the global economic downturn many investments like mutual funds and stocks have been a disapointment. I am increasingly being asked about real estate as an alternative investment. This chart represents the OTTAWA residential average sales in the last 50 years. Statistics are provided by Royal Lepage Team Realty and MLS.CA | Year | Average Price | % Change | Year | Average Price | % Change | | 1958 | $15,564 | +9.37% | 1983 | $86,245 | +21.34% | | 1959 | $16,038 | +3.05% | 1984 | $102,084 | +18.37% | | 1960 | $16,791 | +4.70% | 1985 | $107,306 | +5.12% | | 1961 | $16,070 | -4.29% | 1986 | $111,643 | +4.04% | | 1962 | $15,952 | -0.73% | 1987 | $119,612 | +7.14% | | 1963 | $16,549 | +3.74% | 1988 | $128,434 | +7.38% | | 1964 | $16,563 | +0.08% | 1989 | $137,455 | +7.02% | | 1965 | $17,056 | +2.98% | 1990 | $141,438 | +2.90% | | 1966 | $18,004 | +5.56% | 1991 | $143,361 | +1.36% | | 1967 | $19,476 | +8.18% | 1992 | $143,868 | +0.35% | | 1968 | $23,329 | +19.78% | 1993 | $148,129 | +2.96% | | 1969 | $25,652 | +9.96% | 1994 | $147,543 | -0.40% | | 1970 | $26,532 | +3.43% | 1995 | $143,193 | -2.90% | | 1971 | $27,808 | +4.81% | 1996 | $140,513 | -1.90% | | 1972 | $30,576 | +9.95% | 1997 | $143,873 | +2.40% | | 1973 | $38,305 | +25.28% | 1998 | $143,953 | +0.10% | | 1974 | $46,661 | +21.81% | 1999 | $149,650 | +4.03% | | 1975 | $49,633 | +6.37% | 2000 | $159,511 | +6.58% | | 1976 | $54,623 | +10.05% | 2001 | $175,971 | +10.32% | | 1977 | $57,032 | +4.41% | 2002 | $200,711 | +14.06% | | 1978 | $59,134 | +3.69% | 2003 | $218,692 | +9.00% | | 1979 | $61,896 | +4.67% | 2004 | $235,678 | +7.70% | | 1980 | $62,896 | +1.38% | 2005 | $244,531 | +3.80% | | 1981 | $64,896 | +3.42% | 2006 | $255,889 | +4.70% | | 1982 | $71,080 | +9.53% | 2007 | $272,477 | +6.40% |
2008 $289,477 +6.30% In the last 50 years there have only been 5 negative returns averaging -2.04% annually. Compare that to 45 years of positive returns, averaging +7.32% annually. The last 50 years in Ottawa has resulted in an average annual increase of 6.38%. PLUS - any "profit" with your principal residence is tax free! **Contact me if you would like to know more about my research in the last 50 years of Ottawa's residential resale market. Please browse my website for listings, reports and important local real estate information.
Sincerely,
Dave D'Angelo B.A. Law, CD,
Royal LePage Team Realty
1335 Carling, Suite 200, Ottawa, ON, K1Z08N8 Pager: (613) 725-1171 Toll Free: 1-800-307-1545 Email Address: davedangelo@royallepage.ca 
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