Real Estate

‘Buyer hesitancy’ grows as home sales, residential prices fall in October, OREB says

Residential home prices declined an average of five per cent last month compared with a year earlier as the market continues to soften in the face of rising interest rates.

Taggart reduces proposed height of two-tower Carling Avenue residential complex

Developer filed a revised application with the city that would see it reduce the height of the highrises near the Ottawa Hospital's Civic campus from 22 and 28 storeys to 16 and 25 storeys.

Barrhaven’s new commercial offering a boon for retailers, restaurants, and other businesses

Young families looking for a place to work, live and play can take heart: not far from...

‘iPhone of industrial buildings’: National Capital Business Park springs to life in the east end

Through a creative leasing agreement, Avenue 31 is transforming a federally owned 99-acre parcel of land just inside the greenbelt into the National Capital Business Park. 

New provincial announcement ‘critical’ for Ottawa to reach housing goals: GOHBA

Just days after the election of a new mayor and council, Burggraaf says it is important for the city to have a clear number as a housing goal.

Housing starts may look promising, but there’s much more to be done, experts say

While the annual pace of housing starts in September rose to its highest level since November 2021, there’s more to the numbers when it comes to the situation in Ottawa-Gatineau, local experts say.

Nokia Canada to begin construction on new ‘world-leading’ facility in Kanata next year

The company said the hub will significantly expand its capacity in next-generation information and communications technology (ICT) and cyber security innovation.

Op-ed: Expedited federal plan to shed millions of square feet of office space sounds alarm bells for business leaders

"In the views of this real estate professional, to fill Ottawa’s empty buildings we need space that is inspiring," writes Darren Fleming, CEO of Real Strategy Advisors.

CREA reports home sales in typically busy September continued to slow

Compared with a year ago, home sales in September were down 32.2 per cent and about 12 per cent below the pre-pandemic 10-year average for the month.

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