Real Estate

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, a senior Bank of Canada official said Thursday.

Avison Young adds veteran brokers DiNardo and MacLeod as firm continues Ottawa expansion

Avison Young has added two veteran real estate brokers to its Ottawa office, the latest in a...

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...

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...

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...

Ottawa firm proposes ‘build-to-suit’ industrial complex in Vars as demand for space rises

An Ottawa firm led by well-known construction entrepreneur John Bassi is launching a new industrial development east...

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