Ottawa Housing market peaked in June 2008.
Ottawa    Start date (Oct. 1999):  $145,121     
Peak (June 2008):    $298,336     
Current (Oct. 2008):    $280,870     
Predicted (Oct. 2009):   $223,196    
Data: U.S. Census Bureau, Canadian Real Estate Association 
                         December 15, 2008, Financial Post.