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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.
What the average Canadian needs to know about the two-year ban on foreign real estate purchases
The Prohibition on the Purchase of Residential Property by Non-Canadians Act took effect on the first of January – but what does it really mean?
Committee approves plan for 326-unit apartment complex in Orléans
Gatineau developer Construction Chartro’s plan calls for four six-storey apartment buildings St. Joseph Boulevard, east of the Tenth Line Road on-ramps to Highway 174.
Housing construction pace slows in December as Gatineau records just one start: CMHC
Gatineau’s seasonally adjusted rate of housing starts – a six-month rolling average designed to smooth out monthly fluctuations – dropped to 13 in December from
Michael Waters stepping down as CEO of Minto Apartment REIT
Minto has named Jonathan Li, who is currently the REIT’s president and chief operating officer, as Waters’ replacement.
CREA predicts 2023 home sales to edge down 0.5% from 2022 mark
The Canadian Real Estate Association expects home sales to edge down less than one per cent and prices to fall almost six per cent from
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.
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
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The Ottawa Hospital Foundation’s Campaign to Create Tomorrow
The $500-million fundraising campaign is the largest in our city’s history. It will reshape the future of healthcare in Ottawa and beyond.
