Real Estate

Outlook for new home sales and housing starts clouded by tariffs, economic uncertainty

Sales and construction of new homes got off to a good start last month, but the outlook for 2025 has been clouded by growing economic uncertainty.

Home sales dented by tariff worries in January as listings surge: CREA

Tariff uncertainty put downward pressure on home resales in January while total listings saw one of the...

Retail rents rising as space crunch grows in Ottawa, new report says

With new retail construction at a virtual standstill in recent years as escalating costs and rising interest rates kept developers on the sidelines, the supply of available quality space has all but dried up, CBRE said in its recent Canada retail rent survey.

Tariffs could derail recovery of new home construction, sales in Ottawa

Uncertainty around the trade relationship between Canada and the U.S. could cause buyers of new homes in Ottawa to once again pull back from the market, one local official warns.

Windmill eyes mid-2025 start date for pair of major rental development projects

Windmill Development Group says it hopes to start construction later this year on a 24-storey highrise at 384 Arlington Ave., just west of Bronson Avenue, as well as two buildings at 2475 Regina St., just north of Richmond Road on the west side of the Kichi Zibi Mikan Parkway.

More homes for sale in Ottawa but buyers remain cautious, OREB says

The number of active residential listings in Ottawa last month were up 57 per cent from January...

Ottawa’s top 10 commercial real estate transactions of 2024

Forum Asset Management’s $183-million acquisition of a 579-unit student residence near the University of Ottawa topped the list of the capital’s most valuable commercial real estate transactions in 2024 as trading volumes held steady with the previous year.

CMHC predicts home sales, prices to rebound in 2025, but tariff threat clouds outlook

Canada Mortgage and Housing Corp. is forecasting a rebound in home sales and prices this year as...

Homestead looks to build 25-storey residential tower near Island Park Drive

Kingston-based Homestead Land Holdings has filed a site plan for the proposed tower at 210 Clearview Ave., which would include 187 apartment units and about 27,000 square feet of amenity space such as patios and terraces on the building’s podium.

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