Region’s annual rate of housing starts plummets in May, CMHC says
The annual pace of housing starts in Ottawa-Gatineau plummeted 71 per cent in May as new builds of condos, apartments and other types of multi-unit
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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.
May home sales, prices rise year over year as real estate market heats up
The Canadian Real Estate Association says home sales in May rose compared with the same month last year to post the first year-over-year sales increase
‘Wow effect’: Toronto developer proposes three-tower project near Orléans Town Centre
In a move that would dramatically reshape the east-end skyline, a Toronto-based developer has applied to build a trio of mixed-use highrises in Orléans that
Ottawa home sales rise in May as realtors say bidding wars are back
Home sales in the capital rose six per cent last month from May 2022, the Ottawa Real Estate Board reported this week – and realtors
Construction companies say digital technology key to addressing labour shortages
Nine in 10 Canadian construction companies say they are dealing with a shortage of skilled labour or trades and may need to consider alternatives, such
Feds need to be ‘more transparent’ about downtown office plans, major landlord says
The head of the city’s largest property management firm says the federal government needs to be “much more transparent” about what it plans to do
Ottawa industrial market shows signs of cooling, report says – but rents keep rising
A new report suggests Ottawa’s industrial market “may have reached a peak” after a pandemic-fuelled e-commerce boom triggered unprecedented demand for warehouse space, but it
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