Ottawa housing market becoming ‘seller’s territory’: Royal LePage
Despite being a seller’s market, the National Capital Region remains more affordable than the national average
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Real Estate
Coverage commercial, industrial and residential real estate, breaking news on land development, major projects, and trends impacting real estate in the Ottawa area.
Councillors’ effort to block Château Laurier addition fails – but will be reconsidered Thursday
Though a call to revoke council approval for the Château Laurier’s controversial addition was initially defeated, a move to reconsider the motion on Thursday will
InterRent REIT raises $201M to fund Montreal property acquisitions
The fresh cash will go towards paying down debt and funding acquisitions, including InterRent’s plans to acquire four properties in Montreal
Ottawa office vacancy rate hits eight-year low in Q2 2019
Ottawa’s office market continued to tighten in the first half of the year, with vacancy rates reaching their lowest levels since 2011, according to CBRE
Ottawa-Gatineau homebuilding activity slows in June: CMHC
Housing starts in Ottawa-Gatineau fell 20 per cent in June compared with a year earlier, thanks to a decline in new builds of pricier single-detached
EllisDon to begin construction on $183M West Memorial Building reno next month
A major facelift of a long-vacant federal government building is set to begin next month as contractors ready a temporary home for the Supreme Court
City likely to fail any legal challenge over Chateau Laurier addition: memo
A pending motion for city council to rescind approval of the controversial addition to the Château Laurier could land the municipality in a tough court
Ottawa home sales surpass $500K average price for first time: OREB
Ottawa’s housing market passed a symbolic milestone in June, as the average sale price of a home in the capital surpassed $500,000 for the first
Feds commit $3.1M to Riverside Drive affordable housing project
Federal government funding will help see to completion a new residence for homeless and at-risk youth in Ottawa
Global real estate firm Spaces takes six floors at 66 Slater in downtown tech play
Executives at an international commercial real estate company believe Ottawa’s tech scene will embrace its brand of flexible office space in the downtown core
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