The Conference Board of Canada’s latest look at expectations for the housing market sees a majority of cities with a positive short term outlook, but fewer expect growth long term.

Jane McIntyre, an economist with the Board tells 1310News sees a number of reasons.  

“There’s tighter mortgage rules…some that have rode the wave of the post recession and are starting to slow”.      

Ottawa Gatineau’s short term growth is expected to remain positive according to McIntyre.  

“Ottawa rode that wave that a lot of cities are riding with condo construction”.  

The outlook for the long term isn’t so rosy according to McIntyre.   

” We’re going to see slower starts based primarily on…as we move back toward general demographic requirements and as we deal with a slower economy”.

McIntyre told 1310News, a number of major construction projects in the city such as 4-17 expansion and the Lansdowne redevelopment will temper construction job losses.