Office vacancy rate to inch up in 2013
Meagre economic growth combined with ongoing government austerity will cause local office vacancy rates to edge up slightly next year, according to a new report.
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OBJ staff
Despite a slowdown in November, home construction activity in Ottawa in 2012 is expected to outpace the number of units built last year, according to
Construction activity up in October
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 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
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.
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
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?
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
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
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
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