Office vacancy rate hits highest point since 2005 during Q4: C&W
Ottawa’s office vacancy rate climbed to its highest level in nearly a decade during the last quarter of 2013, according to Cushman & Wakefield Ottawa
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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.
Developer plans demolition to make way for 30-storey condo on Parkdale
A developer is asking the city for permission to demolish three residential buildings close to Parkdale and Burnside avenues to make way for a 30-storey
Construction permit values fall 40% in December
The value of construction permits the City of Ottawa handed out decreased year-over-year last month despite the approval of several high-value row housing projects, municipal
Housing prices see slight bump in December: Teranet
Housing prices in Ottawa increased slightly year-over-year in December but were down when compared to the month before, according to the Teranet-National Bank Composite Home
Claridge proposes 27-storey condo tower for Centretown
Ottawa developer Claridge Homes is seeking a zoning change from city hall so it can build a 27-storey condo tower at 287 Lisgar St. By
Condo prices down in Q4 as signs of market slowdown emerge: Royal LePage
Condominium prices dropped 1.2 per cent year-over-year in the capital in the fourth quarter of 2013, according to a survey by real estate firm Royal
Housing starts in the capital end the year up from 2012
A jump in December helped push the number of housing starts in the capital up for the year 2013, the Canada Mortgage and Housing Corp.
City plans $9.5M Glebe parking garage project
The City of Ottawa is in the planning stages for a project that will see nearly $10 million spent constructing a four-storey parking garage in
Ottawa’s office vacancy rate sees ‘substantial increase’ in Q4: Colliers
Ottawa’s downtown vacancy rate rose several percentage points in the fourth quarter of 2013, according to brokerage firm Colliers International, helping to push down rental
Ottawa home resales fall several percentage points in 2013
A slow start to the year helped push the number of homes sold by Ottawa realtors down by 3.2 per cent in 2013, according to
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