Despite slow sales, developer still believes in commercial condos
Interest in two commercial condo developments from local firm Huntington Properties is picking up after a slow start to sales, according to an executive with
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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.
Capital condo construction to slow in 2014: CMHC
Activity in Ottawa’s condominium market will slow down in 2014 as developers wait for buyers to snap up already-finished units before going ahead with new
Ottawa home resales up 2% in October
Ottawa home resales inched up in October as the local market continued a strong second half of 2013, the Ottawa Real Estate Board announced Tuesday.
Familiar is Not the Same as Safe
I was having a chat with an investor the other day, and he told me about a strategy he and his wife had hit on,
Housing sales to increase then taper off in middle of next year: CMHC
Ottawa housing sales are going to rise over the next few months before slowing down again in mid-2014 due to an expected increase in mortgage
U.S. outlet mall to take a little from everybody: Bayshore exec
A large U.S. outlet mall’s expansion into Ottawa is going to hurt all local retailers once it arrives next year, the executive responsible for Bayshore
MMM Group gets $1M contract for 417 overpass design work
The MMM Group, an international engineering firm with offices in Ottawa, has won a contract with the government of Ontario to replace the overpass structure
Federal cuts to take seven years to hit local office market
Local landlords won’t know the full effect of federal downsizing efforts until at least 2020, one of the government’s top real estate officials said Thursday.
Ottawa housing starts up 25% in September
Ottawa homebuilders got busy in September as the number of housing starts for the region increased 25 per cent when compared to the same month
Engineering concerns halt work on parkway footbridge again
For the second time in under two years, the City of Ottawa has stopped construction on a $5-million footbridge designed to span the Airport Parkway.
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