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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.
Minto Apartment REIT sells remainder of Edmonton portfolio
The sale of the REIT’s last two buildings in the Alberta capital closed last Thursday, Ottawa-based Minto said in a news release Monday.
Surge in newcomers putting pressure on inflation via housing demand: BoC deputy
The recent surge in newcomers is adding to inflation through housing demand, warning rents and home prices could continue to rise without boosting housing supply,
Ottawa home sales continued to slide in November: OREB
Ottawa home sales fell last month compared with the previous year as buyers continued to take a wait-and-see approach amid rising mortgage rates. A total
Short-term rentals have ‘significantly impacted’ housing affordability: Desjardins
A Desjardins report suggests short-term rentals likely contributed to the housing affordability crisis in Canada and around the world.
Theberge Homes ‘satisfied’ by committee decision on Baseline highrises, owner says
The proposal filed by Joey Theberge, owner of Theberge Homes, involves plans for two 24-storey highrises and a 32-storey tower at 780 Baseline Rd.
Retail spending expected to rise ‘significantly’ in 2024 as inflation eases, Morguard says
Morguard expects retail spending in Ottawa to “increase significantly” next year as anticipated declines in inflation and mortgage rates give consumers more buying power. The
Builder confident three-tower Baseline Road project will go ahead despite shadow concerns
An Ottawa developer says he remains optimistic his plan to build a series of highrises along Baseline Road will get the green light, despite a
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