Ottawa realtors sold 1,137 residential properties in August, down 27 per cent from the 1,565 transactions a year earlier and well below the five-year average
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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.
Aiming high: Wesley Clover to build 30-storey mixed-use tower beside Brookstreet Hotel
Firm backed by billionaire tech magnate Terry Matthews says it hopes to start construction on the $120-million project, which will include a restaurant and about
In an effort to boost Ottawa’s central apartment supply, CLV and InterRent are transforming the traditional office tower into The Slayte, a luxury apartment development
Canada’s real estate market is cooling. Here’s what to expect this fall
After fuelling Canada’s economy through the COVID-19 pandemic, the real estate market is showing signs of weakness as home prices fall and bidding wars dissipate.
The help you need to navigate today’s real estate market
Life after lockdowns, in combination with a series of aggressive interest rate hikes, is causing quick shifts in Ottawa’s real estate market. What do residents
‘We’re here for the long run’: Morguard ‘bullish’ on Ottawa market after buying Kinaxis HQ
The purchase of the five-storey, 163,000-square-foot property in the Kanata West Business Park enlarges Morguard’s total Ottawa portfolio to 5.5 million square feet.
Turning Ottawa’s commercial properties into ‘exciting, magnetic spaces’
The big themes coming out of discussions with clients and business leaders all revolve around the desire to create space that is magnetic and gets
UPDATED: Housing starts in Ottawa-Gatineau soar 170%, top 2,000 in July, CMHC reports
Housing agency says work began on 2,130 new housing units in the National Capital Region last month, with multi-unit builds soaring almost 400 per cent
Canadian home sales fall for fifth month in a row, down 29% from last July: CREA
On a seasonally adjusted basis, the association says sales in July fell 5.3 per cent compared with June. The actual number of sales last month
Real estate as a wealth creator
Who is the wealthiest person you know? Almost without a doubt they will tell you that they have substantial real estate holdings inside their portfolio.
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