OBJ staff

The number of new construction projects approved last month was down year-over-year, but several large initiatives drove up the value of municipal construction permits to

Home sales slow in November

Residential

Home sales in Ottawa last month couldn’t compete with last year’s best November on record, with a nine-per-cent decrease in sales year-over-year. Ottawa realtors sold

Minto buys Nepean properties

Residential

An Ottawa-based real estate development and management firm said it will spend $2.7 million upgrading a multi-residential and commercial portfolio it acquired in its hometown.

DRS wins $38.7M military deal

Defence and Security

The federal government has awarded a $38.7-million contract for the Canadian arm of American firm DRS Technologies Inc. to build military communications equipment in Carleton Place. The

Land supply adequate: planning committee

Residential

The city moved a step closer on Tuesday to freezing the supply of land available for residential development for the next five years. Councillors on

What’s the value of Ottawa’s commercial real estate sector?

Non-Residential

Ottawa’s commercial real estate sector generated roughly $2.6 billion in economic activity in 2011, according to a new study prepared for a local industry association.

Home affordability improves in Ottawa: RBC

Residential

The cost of owning a home in Ottawa eased during the most recent quarter, according to an affordability study by Royal Bank. The average local

Ottawa home price increases to slow: Re/Max

Residential

Local home prices will continue to rise next year at the same modest pace as in 2012 as would-be buyers continue to be hampered by

Sussex Drive still tops Ottawa retail rents

Non-Residential

The western edge of the ByWard Market continues to command the highest retail rents in Ottawa, according to an annual global study. Shop owners along

Killam continues hunt for Ottawa properties

Residential

Fresh offs its first foray into the National Capital Region, residential property landlord Killam Properties (TSX:KMP) says it is hunting for more local acquisition prospects.