Coverage commercial, industrial and residential real estate, breaking news on land development, major projects, and trends impacting real estate in the Ottawa area.
Ottawa industrial market shows signs of cooling, report says – but rents keep rising
A new report suggests Ottawa’s industrial market “may have reached a peak” after a pandemic-fuelled e-commerce boom triggered unprecedented demand for warehouse space, but it
Sale of buildings on feds’ disposal list could be ‘several years’ away, PSPC says
The sale of aging federal government buildings in Ottawa could still be “several years” away, Public Services and Procurement Canada says, while a Crown corporation
‘Tired’ Carling Avenue will be ‘hot spot’ for businesses for next 20 years, realtor predicts
The Altea wellness and social club that is moving into the former Canadian Tire store on Carling Avenue could be the first of many businesses
Feds release ‘disposal list’ of NCR properties
The federal government this week released a list of several properties that it is planning to dispose of in the National Capital Region.
April’s national home sales up 11.3% from March: CREA
National home sales jumped by 11.3 per cent between March and April as the real estate market picked up again, but supply remained at a
Annual pace of housing starts in Ottawa-Gatineau rises slightly in April: CMHC
The national housing agency says the seasonally adjusted annual rate of housing starts for the fourth month of the year was 16,673 units, up six
High-profile athletes, execs coming to Ottawa feel pinch of fed’s foreign buyer ban
Pro athletes and senior executives trying to buy a home in Ottawa are among those being affected by the federal government’s foreign buyer ban, realtors
Minto Apartment REIT refinances mortgages as rising interest rates eat into cash flow
Minto Apartment REIT is refinancing hundreds of millions of dollars’ worth of mortgages as rising interest rates jack up the costs of servicing its debt
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