Residential

Continuing a recent trend, most of the year-over-year increase was driven by construction on the Ottawa side of the river, where overall starts jumped 24 per cent to 740.
The average sale price of a residential-class property was $585,084 last month, up a whopping 20 per cent compared with July 2019.
Controversial proposal now calls for slightly smaller housing footprint and more green space.
Building near the northwest corner of Vanier Parkway and McArthur Avenue would feature 61 units in a mix of one- and two-bedroom suites.
Plan now calls for a 25-storey building with 5,500 square feet of commercial space plus 264 residential units and 160 underground parking spots.
The aggregate price of a house in Ottawa rose 11.7 per cent in the second quarter of 2020 compared with a year earlier, Royal LePage says, but some relief could be in sight.
Single-detached starts last month matched June 2019's tally, while the number of multi-unit builds inched up from a year ago.
Average sale price jumps 15% to $575K
Report suggests Ottawa remains an affordable market relative to other Canadian cities, despite rapid price appreciation in recent years.
Report predicts weaker demand for homeownership due to job and income losses.