Real Estate

The housing market outlook from economist Rishi Sondhi attributes the prediction to the poorest affordability level since the late 80s and early 90s.

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 215 Slater St. from TD Asset Management.

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 20,289 in 2021.

As Canadian policy-makers across all levels of government search for ways to reduce greenhouse gas emissions, major...

The national housing agency says the seasonally adjusted annual rate of starts – a six-month rolling average designed to smooth out monthly fluctuations – was 14,691 units last month, down from 19,607 in October.

The association said Thursday the move lower more than erased the gain seen in October and resumed the overall trend lower for the year.

Moving offices can be an adventure when you see the possibilities.

The real estate company says the aggregate price in Ottawa will rise to $739,602 by the end of next year, up from an estimated $725,100 this year.

Jennings Real Estate bought the 1.66-acre property just off Riverside Drive near Hunt Club Road from Franco Giammaria and his family, who opened Tudor Hall in the mid-1970s and owned and operated it ever since.

It marked the ninth consecutive month that home sales in the capital declined compared with a year earlier.