Real Estate

More investors ‘kicking the tires’ in Ottawa’s office market, veteran broker says

A leading commercial real estate broker says Ottawa’s investment market is gradually gaining steam after a dismal...

Carlingwood Shopping Centre sold as new owners eye residential development for 30-acre site

Carlingwood Shopping Centre has been sold to a pair of real estate firms that plan to launch...

Sale of Queen Street building tops Canadian office transactions in Q1: Morguard

The federal government’s $125-million acquisition of a building at 181 Queen St. accounted for nearly half the value of all Canadian office transactions in the first quarter as investors shied away from big buys amid ongoing economic turbulence, a new report from Morguard says.

Regulations, ‘fragmented’ construction sector holding back housing starts: CMHC

A study by Canada's national housing agency says housing starts aren’t keeping pace with available residential construction resources due to restrictive regulations and a "highly fragmented" industry.

Home sales dip in April from prior month as spring listings perk up: CREA

On a month-over-month basis, CREA said home sales in April were down 1.7 per cent, while newly listed properties available for sale rose 2.8 per cent to kick off the spring market.

CMHC reports annual pace of housing starts in April down 1% from March

Canada Mortgage and Housing Corp. says the annual pace of housing starts in April edged down one per cent compared with March.

GWL Realty Advisors proposes two-tower mixed-use complex for Slater Street

In planning documents recently filed with the city, GWL Realty Advisors says its proposal includes a pair of towers at 170 Slater St. between Bank and O’Connor streets. 

Ottawa home sales rise 8.9% in April as buyers, sellers more confident: OREB

Ottawa home sales jumped 8.9 per cent in April compared with the same month last year as “mutual confidence among both buyers and sellers” gave the market a lift, the Ottawa Real Estate Board says.

Taggart seeking approval for four towers, new subdivision at Riverside and Hunt Club

Taggart Realty Management has filed an application with the city that calls for four mid-rise buildings with a total of 650 units at 3930 and 3960 Riverside Dr., just northwest of the intersection of Riverside Drive and West Hunt Club Road.

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