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.
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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.
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
Brigil files plans for 32-storey Parkdale condo
A Gatineau developer has filed a site plan application with the city to construct a 32-storey condo on Parkdale Avenue that will include 232 units
Feds to farm out more lease brokerage work under new $5M deal with CBRE
The local arm of brokerage firm CBRE has won another deal that will see the federal government farm out more of its real estate brokerage
Developer requests office space rezoning for large swath of land in Kanata
A developer is proposing a new business park, north of Palladium Drive and west of Huntmar Drive, in Kanata. The proposal, for a subdivision, calls
Suburban office vacancy rates stable, buck downtown trend: C&W
Office vacancy rates in Ottawa’s suburbs are bucking the trend seen in other areas of the city by staying “remarkably stable,” according to a new
Construction intentions rise in March
A higher number of permits helped boost the year-over-year increase in the value of newly approved construction projects last month, according to City of Ottawa
Ottawa home prices plunge in March: Teranet
Ottawa home prices fell on both a month-over-month and year-over-year basis last month, according to the latest numbers from the Teranet-National Bank house price index.
Vacancy up, prices down as demand for office space softens in Q1: Colliers
Higher vacancy rates in office buildings are pushing rents down in Ottawa, according to a new report by real estate firm Colliers International. By Jacob
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