Real Estate

‘Buyers are tired of being on the sidelines’: Sales of new homes tick up in Ottawa in September

Sales of new homes are up this year compared to 2023, causing the Greater Ottawa Home Builders’ Association to predict a “positive tone” for the market going into the new year.

Toronto real estate investment fund purchases four student housing properties in Ottawa

Forum Asset Management announced Wednesday that its Real Estate Income and Impact Fund is acquiring Alignvest Student...

CREA lowers housing market forecast for 2024 amid ‘holding pattern’ for home sales

The Canadian Real Estate Association is downgrading its housing market forecast for the remainder of the year...

Slate Asset Management to divest Ottawa office portfolio as firm looks to ‘focus on essential real estate’

Slate Asset Management has reached a deal to sell its interest in 11 office properties in Toronto...

Huntington Properties targets ‘activity-based’ tenants for newly acquired Rideau Street building

Huntington Properties purchased the three-storey building at 135 Rideau St. from LaSalle Investment Management last week for $8.5 million.

House prices in Ottawa could jump if Canadians go to the polls in a fall election, report says

A “subdued” housing market in Ottawa could get a jumpstart if Canadians go to the polls this...

Get a sneak peek at new-look World Exchange Plaza as landlord eyes ‘amazing’ retail names for revamped complex

The owners of the newly renovated World Exchange Plaza are bringing in a “well-known” coffee retailer and seeking a restaurant to fill space formerly occupied by the LCBO as they try to keep pace with other downtown landlords that have modernized their properties in a bid to entice workers back to the office. 

Empty-nesters, retirees drive condo sales in Ottawa, while first-time buyers stay on sidelines

A new report from Re/Max Canada found that the Ottawa condo market stalled in the first eight months of 2024, with affordability the top concern on the minds of potential buyers.

Ottawa’s office vacancy rate won’t return to single digits until 2027, realtors suggest

Local real estate experts expect Ottawa’s office vacancy rate to hold near a “healthy” 12 per cent for a few years before decreasing in 2026 or 2027.

It’s time to get creative, developers say, when it comes to office conversions

With an overabundance of empty office space across the city, local experts say it’s time for developers to get creative when it comes to conversion projects. 

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