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.

Ottawa real estate market inventory drops in August on strong sales: OREB

Residential

Ottawa Real Estate Board members were busy in August, with sales exceeding both the same month in 2014 and the five-year average, the board said

New rink to add value to Accora Village: Ferguslea

Residential

A new outdoor rink at Bayshore Park might mean more fun for residents, but the company that funded the project says it will ultimately be

Building permits surge in June

Construction

Major renovation projects in the parliamentary precinct, upgrades to two high schools and work at two major shopping malls helped give the construction industry a

Multi-family asset class in demand in Ottawa and across Canada: Colliers

Residential

Ottawa is following the national trend toward multi-family asset class, according to the latest report from Colliers International. While sale price per door and number

Ottawa housing starts trend up in July: CMHC

Construction

Single detached construction starts were up dramatically in the capital in July, causing housing starts to trend higher than the month before, according to the

Ottawa realtors have second best July on record

Residential

The slow start to 2013 appears to be a distant memory for the Ottawa housing market after local real estate agents sold 1,445 residential properties

Ottawa company wins major contract with Infrastructure Ontario

Non-Residential

Ottawa-based MHPM Project Managers Inc. has secured a multi-year, $500-million contract to deliver 850 construction projects throughout the province, the company announced Thursday. The projects,

Rigid zoning rules reducing need for community buy-in, developers say

Construction

Several local developers say the city’s increasing inflexibility over zoning changes is reducing the value of community input on planned projects. By Jacob Serebrin Last

City’s office vacancy rate continues to rise: Colliers

Non-Residential

Ottawa’s office vacancy rate has hit double digits at 10.6 per cent, according to the latest office market report from Colliers International. Vacancy rates were

Local hotel conversions continue

Residential

Minto Group Inc. has closed its downtown Minto Suites Hotel operations earlier than expected as the company aims to fully convert the Lyon Street property