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.

Landlords seeing a ‘flight to experience’ as tenants flock to high-end office spaces, CBRE says

National home sales finish strong in 2024, as association forecasts rebound this year

The number of homes that changed hands across the country in December was up 19.2 per cent compared with a year earlier, as the Canadian Real Estate Association says a strong fourth quarter bodes well for a rebound in sales in 2025.

New retail construction expected in Ottawa in 2025 as market remains hot, CBRE says

According to CBRE’s 2025 real estate market outlook released Tuesday, there was no new inventory added to Ottawa’s retail footprint in 2024 and just 90,000 square feet of new construction the previous year.

House prices to increase 4% in Ottawa this year, according to Royal LePage

The aggregate price of a home in Ottawa will increase four per cent in the fourth quarter of 2025 compared to the same quarter last year, according to a forecast from Royal LePage released today. 

New Planet Fitness opens in Sun Life Centre as office complex beefs up offerings for tenants

Planet Fitness has opened a new location in the Sun Life Centre as the downtown mixed-use complex...

Tale of two cities: Office vacancies rising downtown, but suburbs faring better, Colliers says

As a commercial real estate broker who runs his own business, Denis Shank is not surprised that...

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.
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Artificial intelligence is rapidly becoming an essential tool in today's workplace, helping organizations improve efficiency, streamline operations, and enhance decision-making. However, as AI becomes more integrated into day-to-day business, employers must also navigate the legal, ethical, and operational risks that come with its use. Join Jordon White of Emond Harnden LLP for an informative webinar on the evolving role of AI in the Canadian workplace. This webinar will cover: -- The use of AI by employees in complaints, grievances, and workplace disputes. -- Key liability risks arising from the improper use of AI technologies. -- Practical strategies for safely and effectively integrating AI into your operations.
Navigating AI in the Canadian Employment Landscape: Risks, Responsibilities, and Best Practices

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