Local housing starts to fall in 2014, CMHC says
While the number of housing starts in Ottawa is forecast to decline this year, the resale market is expected to stay balanced into 2015, according
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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.
Feds seek bidders on Tunney’s Pasture contract
The federal government is set to spend at least $1 million on renovations at two Tunney’s Pasture office buildings and is looking for a contractor
Homebuilders vow to fight proposed development charge hikes
Development fees on some new houses could rise by more than $5,000 under a proposal approved by the city’s planning committee on Tuesday night. By
U of O renovation project open for tenders
Six general contractors will have the chance to bid on $3.5-million renovation project at the University of Ottawa. The contractors were chosen out of a
Ground broken on Westboro mixed-use development
Construction is under way on a 257,000-square-foot mixed-use development near Scott Street in Westboro. Real estate investors BridgePort Developments and Fiera Properties have partnered on
Local man to head housing regulation firm
An Ottawa lawyer has been elected chair of the board of directors of the province’s private housing construction regulator. Christopher Spiteri becomes the first locally
Housing starts sluggish in April, CMHC says
The number of housing starts in Ottawa plummeted 51 per cent in April compared with the previous year, continuing the home construction market’s weak start
Cold spring blamed for cool Ottawa real estate market
Ottawa real estate agents had their slowest April for home sales in at least six years, according to data from the Ottawa Real Estate Board.
Domicile proposes 12-storey condo
Domicile Developments is asking the city for permission to build a 12-storey mixed-use building on Somerset Street and City Centre Avenue, just west of Chinatown,
Local commercial real estate sales fell by nearly a third in the first quarter of the year as uncertainty over the city’s office market continued
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