OBJ staff

Temple Hotels buys 50% stake in ByWard Market hotel

A real estate investment company based in western Canada has moved into the Ottawa market with the purchase of an interest in the Courtyard by

Housing starts fall 32% in December

Residential

Housing starts in Ottawa declined in December 2012 compared to a year earlier, figures released Wednesday by Canada’s national housing agency show. The number of

Claridge proposes 14-storey hotel in ByWard Market

Non-Residential

Claridge Homes has officially applied to convert a ByWard Market office building into a hotel. The developer has submitted an application to the city requesting

Ottawa home prices to rise 1.3% in 2013: Royal LePage

Residential

Ottawa home prices will rise at a rate slightly higher than the national average in 2013 despite a slowdown in the first part of the

Office vacancy rate climbs to 8.5%

Non-Residential

Tenants in Ottawa’s office market are opting for renewals and relocations, rather than growth and expansion, causing an increase in vacancy rates, according to a

Real estate market cools in December

Residential

Home sales in Ottawa dropped 11 per cent year-over-year in December, which meant the local real estate market finished the year slightly behind 2011 levels,

BTB buys Brewer Hunt buildings

Non-Residential

A growing real estate investment trust says it’s closed its purchase of a Kanata office complex, the latest in a string of acquisitions in the

Home prices fall 0.5% in November

Residential

Ottawa home prices fell for the third straight month in November, according to a survey released Wednesday, as further evidence emerged that the market across

Minto paid $94.55M for Craig Henry community: records

Residential

Recently published data shows one of the city’s largest residential landlords paid $94.55 million for a multi-residential and commercial portfolio in Nepean. Minto announced its

Rental vacancy rate climbs to 2.5%: CMHC

Residential

Increasing home ownership levels combined with the city’s condo construction boom helped ease Ottawa’s residential rental rate in 2012, according to data released Thursday. The