What pandemic? Ottawa home sales on par with 2019 as prices soar
Average sale price jumps 15% to $575K
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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.
Amazon hopes to open ‘cutting-edge’ Barrhaven warehouse ‘as quickly as possible’
Massive industrial building will have footprint of 450,000 square feet and feature multiple levels, company says.
Ottawa rises in rankings of top real estate markets
Report suggests Ottawa remains an affordable market relative to other Canadian cities, despite rapid price appreciation in recent years.
Amazon to open second Ottawa-area warehouse in Barrhaven
E-commerce giant says 450,000-square-foot facility in the Citigate Business Park will create more than 1,000 full-time jobs.
Redevelopment of LeBreton library lands on pause until NCC sees ‘signs of market recovery’
Crown corporation was scheduled to launch the development process for property at 665 Albert St. earlier this spring.
Ottawa office vacancy inches up as market withstands initial COVID-19 hit
Citywide office vacancy rate increases to 7.2%, according to report providing one of the first looks at the performance of the local commercial real estate
Ottawa home prices to decline in 2021: CMHC
Report predicts weaker demand for homeownership due to job and income losses.
Surging office sublease market signals COVID-19’s lasting impact, brokers say
More firms are looking to shed real estate as they rethink what the traditional office space might look like in a post-pandemic world, experts say.
Feds plan gradual return to offices; civil servants encouraged to keep working remotely
‘Re-opening access to federal worksites will be gradual and will vary from organization to organization, each according to their own operational circumstances’
Coping with COVID-19: How tenants can access rent subsidies and deferrals
OBJ publisher Michael Curran speaks with Joshua Moon, a partner and real estate law expert at Perley-Robertson, Hill & McDougall LLP about the options available
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