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.

Ottawa’s office vacancy rate reaches pandemic high while industrial space remains tight

Non-Residential

For the first time in four years, Ottawa’s office markets slowed, driven primarily by the central business district and Kanata submarkets.

To build or not to build? Highrise developers rethink projects in face of soaring costs

Residential

Firms say a number of factors – including soaring inflation, rising interest rates and new city fees – are causing them to re-evaluate plans for

Veteran finance executive Julie Morin stepping down as CFO of Minto Apartment REIT

Residential

Ottawa’s 2020 CFO of the Year, who helped guide the REIT through a $230-million IPO in 2018, will retain her other role as chief financial

Ottawa home prices expected to decrease two per cent this fall, Re/Max says

Residential

The average price of a residential property in the capital was $550,933.75 at the end of August, down 1.1 per cent from a year earlier,

A group of colleague pose excitedly to announce the beer and analytics event

Beer & Analytics is back – an evening to talk data, network, and enjoy local Ottawa breweries

OBJ360 Sponsored, Real Estate, Sponsored

Ottawa’s favourite Beer & Analytics event is returning for its ninth edition on October 11. A mix of networking and industry-expert speakers, it’s been a

Regional housing starts up year-over-year in August, but annual pace declines, CMHC says

Residential

Builders in Ottawa-Gatineau started work on 1,374 new housing units last month, well off the all-time monthly high of 2,130 starts set in July.

Providing shelter and care for a homeless youth helps to stop the cycle of homelessness into adulthood

OBJ360 Sponsored, Real Estate, Sponsored

The Youth Services Bureau (YSB) is one of the largest and longest serving youth agencies in Ottawa. Every year, YSB works with thousands of youth

CMHC reports annual rate of housing starts in August down from July

Residential

The national housing agency says the seasonally adjusted annual rate of housing starts in August was 267,443 units, down three per cent from 275,158 in

CREA lowers expectations for home sales and price growth for 2022

Residential

In its latest housing market outlook released Thursday, the association said it expects 532,545 properties to trade hands via Canadian MLS systems this year.

Recent bump in Ottawa’s resale housing inventory ‘artificial,’ veteran realtor says

Residential

“Eventually, interest rates will go back down, and then people are going to (scramble) trying to buy everything up,” Paul Rushforth predicts, adding city could