Real Estate

Ottawa home prices expected to rise 4% in 2023, Re/Max says

In the report released Tuesday, Re/Max Canada says it expects the average sale price of a home in Ottawa to rise to $683,000 next year, up from just under $657,000 at the end of October.

Inside Brigil’s ‘urgent’ bid to breathe new life into downtown Gatineau

With foot traffic in downtown Gatineau showing the biggest decline in Canada during the pandemic, Brigil VP Jessy Desjardins believes his firm can play a big part in reversing that trend over the next decade.

Government can’t solve housing issues alone, private sector must be involved: CMHC

The report by CMHC deputy chief economist Aled ab Iorwerth says the scale of the problem is so large that the private sector must be involved.

The office isn’t dead – it just looks different

In today’s hybrid work environment, workstations need to cater to flexibility while still being comfortable and aesthetically pleasing.

A change of space: More developers eye office-to-residential conversions as demand for housing grows

The idea of turning offices that are past their best-before dates into apartments or condominiums is hardly novel, but real estate experts say the conversion trend is gaining momentum in Ottawa.

Regional Group acquires Baseline Road office complex from Manulife

Regional Group acquired a three-building office complex on Baseline Road this week, giving a major boost to its suburban portfolio.

Ottawa’s housing construction pace falls in October amid economic headwinds, labour crunch

Housing starts in Ottawa-Gatineau rose slightly in October compared with the previous year, the Canada Mortgage and Housing Corp.

Canadian October home sales up from September, first monthly increase since February

The Canadian Real Estate Association says home sales in October posted their first monthly gain since February. The...

InterRent REIT’s income rises in Q3 amid increased demand for rental housing

InterRent REIT’s buildings edged closer to full occupancy in the third quarter amid a rental market rebound...

Minto Apartment REIT rides rental resurgence to strong Q3 growth

Minto Apartment REIT continued to benefit from a resurgent rental market in the third quarter as the...

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