Ottawa housing crunch to ease up in second half of 2020, report says
The aggregate price of a house in Ottawa rose 11.7 per cent in the second quarter of 2020 compared with a year earlier, Royal LePage
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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.
Ottawa-Gatineau housing starts hold steady in June, CMHC says
Single-detached starts last month matched June 2019’s tally, while the number of multi-unit builds inched up from a year ago.
Gatineau developer proposes pair of apartment highrises near Lincoln Fields Shopping Centre
The two towers would feature a total of 391 rental apartment units, with 180 suites in the 12-storey highrise and 211 units in the 11-storey
What pandemic? Ottawa home sales on par with 2019 as prices soar
Average sale price jumps 15% to $575K
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.
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