‘Office space is going to evolve’: Why brokers remain bullish on the future
Local real estate experts say that while office space is here to stay, it will likely be configured very differently once people start returning to
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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.
Ottawa-Gatineau housing starts nosedive in December: CMHC
Builders started work on 393 new dwellings in the region last month, a steep drop from the 1,074 starts recorded in December 2020.
Canadian home sales set new record in 2021, topping previous high by 20%: CREA
Canadian Real Estate Association said Monday that about 667,000 residential properties changed hands in 2021, about 30 per cent more than the 10-year average.
Ottawa home prices jump 17% in Q4: Royal LePage
Median price of a single-family detached home in the capital rose 20 per cent year-over-year to $876,600 in the quarter, while condo prices increased 11.5
Capital’s office vacancy rate drops to 8.6% in Q4
Downtown vacancy rate of 9.9 per cent last quarter was the third-lowest in North America behind Vancouver and Toronto, real estate firm CBRE says.
‘Potential everywhere’: Montreal buyer of Lansdowne properties going all in on Ottawa market
BRB REIT’s portfolio in the National Capital Region now includes more than 650,000 square feet of space at nine office buildings and one industrial property.
Lansdowne, IBM properties acquired as flurry of Ottawa office deals continues
Marquee transactions worth a combined $87 million have Ottawa brokerage predicting the new year will pick up right where a frothy 2021 left off for
How building height limitations are contributing to Ottawa’s housing crisis
By limiting development on certain streets to four storeys, the city has virtually guaranteed that these lots will remain undeveloped, writes Toon Dreessen.
Record year for Ottawa home sales as $13 billion in sales posted
Members of the Ottawa Real Estate Board sold 862 residential properties in December, compared with 997 in December 2020, a decrease of 14 per cent.
Large numbers of area residents say they’d like to live in a new part of the city – or even beyond its borders – as
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