Real Estate

Sales of new homes jump 75% last month compared to December 2023

New home sales continue to rise year-over-year, according to the Greater Ottawa Home Builders’ Association. 

KingSett’s $36.8M acquisition of Gladwin Crescent building caps off busy 2024 for local industrial sector

KingSett Capital’s $36.8-million acquisition of an east-end building highlighted a busy finish to 2024 for Ottawa’s industrial...

Landlords seeing a ‘flight to experience’ as tenants flock to high-end office spaces, CBRE says

Tenants trading up to smaller, more modern and well-equipped spaces are fuelling a widening gulf between the haves and have-nots in the National Capital Region’s office market, the new managing director of CBRE’s Ottawa office says.

National home sales finish strong in 2024, as association forecasts rebound this year

The number of homes that changed hands across the country in December was up 19.2 per cent compared with a year earlier, as the Canadian Real Estate Association says a strong fourth quarter bodes well for a rebound in sales in 2025.

New retail construction expected in Ottawa in 2025 as market remains hot, CBRE says

According to CBRE’s 2025 real estate market outlook released Tuesday, there was no new inventory added to Ottawa’s retail footprint in 2024 and just 90,000 square feet of new construction the previous year.

House prices to increase 4% in Ottawa this year, according to Royal LePage

The aggregate price of a home in Ottawa will increase four per cent in the fourth quarter of 2025 compared to the same quarter last year, according to a forecast from Royal LePage released today. 

New Planet Fitness opens in Sun Life Centre as office complex beefs up offerings for tenants

Planet Fitness has opened a new location in the Sun Life Centre as the downtown mixed-use complex...

Tale of two cities: Office vacancies rising downtown, but suburbs faring better, Colliers says

As a commercial real estate broker who runs his own business, Denis Shank is not surprised that...

Affordability and supply continue to challenge home sales in Ottawa, OREB says

Home sales in Ottawa in December were up almost eight per cent from the year-ago period but lagged the five- and 10-year averages as a “wait-and-see” market in 2024 came to a close. 

Parkit acquires industrial building in Gloucester for $9.5M

Parkit Enterprise is adding to its portfolio in the National Capital Region with the acquisition of an...

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