Real Estate

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...

Sales of new homes jump in November, with condo towns becoming the purchase of choice

Sales of new homes in Ottawa were up significantly in November, with condo townhomes becoming a popular...

Ottawa’s rent growth accelerates in 2024 amid rise in pricier new inventory: CMHC

Nearly 5,900 new apartments were added to Ottawa’s purpose-built rental supply between October 2023 and October 2024, CMHC said.

Minto Apartment REIT enters B.C. market, acquires 50% stake in North Vancouver property

Minto Apartment REIT has planted its flag on the West Coast after acquiring a stake in a...

Nahon family, owners of Calabogie Lodge, buy historic Wakefield Mill hotel

Ottawa’s Nahon family are the new owners of the Wakefield Mill Hotel and Spa in Wakefield, Que.  The...

Construction industry faces ‘a lot of challenges’ even with rate cuts, Ottawa developer says

The developer behind a proposed new mixed-use project near the Bayview LRT station says his firm is...

Home sales continue to recover, with an active spring market expected

Ottawa home sales dipped last month as prices continued to increase, according to the Ottawa Real Estate...

Developer plans two new mixed-use buildings near Bayview LRT station

The project is located less than 400 metres from the Bayview LRT station at the convergence of the Confederation and Trillium light-rail lines.

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