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.

No relief in sight for homebuyers facing supply crunch: OREB

Purchasers were hit with double-digit price increases in September despite a drop in sales compared with a year earlier.

Ottawa’s housing market remains near boiling point, CMHC says

Federal housing agency said the capital continues to grapple with a lack of supply despite a dip in the number of transactions over the summer compared with the previous year.

Taggart’s two-tower Carling Avenue proposal too much for councillor

Jeff Leiper says developer's plan to tear down office building and replace it with pair of highrises will cause traffic headaches and overshadow nearby homes.

‘Flight to quality’ office space fuels dip in vacancy rate for first time since 2019: CBRE

The city's overall office vacancy rate fell to 9.7 per cent, marking the first net absorption of office space in the capital since the fourth quarter of 2019.

Developer floats plan to turn pair of buildings in Centretown heritage zone into apartment complex

Zyer Developments wants to restore the building at 285 McLeod to its "original appearance and detailing” and build a new eight-storey apartment development over top of it.

Two-building proposal calls for mix of student rentals, other units near Carleton University

Katasa Group's plan is anchored by a 26-storey highrise that would feature more than 80 rental units targeted at students and an additional 150 rental suites in the floors above.

Ottawa-Gatineau housing starts plummet 50% in August: CMHC

It's the third month in a row that new builds lagged behind their pace of a year ago.

Bayshore stake sold in deal that values shopping centre at $387-million

KingSett Capital is now sole owner of the region’s second-largest shopping mall after purchasing Ivanhoe Cambridge’s 50 per cent stake in the west-end plaza.