Luxury Ottawa home sales buck slowdown trend, up 8.6% in 2022: Report
Sales of homes worth at least $1 million rose in Ottawa last year even as overall transactions dropped from 2021 levels, a new report says.
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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.
Demand for local industrial space ‘still huge’ despite rising availability, real estate leaders say
The capital’s industrial availability rate hit 2.6 per cent in the fourth quarter, CBRE said in its latest national market report, up 90 basis points
Canada will see weakest level of home sales since 2001 this year: TD report
The housing market outlook from economist Rishi Sondhi attributes the prediction to the poorest affordability level since the late 80s and early 90s.
Morguard acquires 50% stake in ‘trophy-calibre’ Slater Street office complex for $28.1M
Mississauga-based real estate firm said Monday it finalized a deal late last month to purchase a 50 per cent share in Telus’s Ottawa headquarters at
Ottawa home sales down 30% in December as fall from record 2021 continues: OREB
Overall, home sales in Ottawa fell 25 per cent in 2022 from the previous year, with a total of 15,288 properties changing hands, compared with
Region’s annual pace of housing starts down 25% in November: CMHC
The national housing agency says the seasonally adjusted annual rate of starts – a six-month rolling average designed to smooth out monthly fluctuations – was
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