Residential

Developer’s two-tower proposal for Barrhaven includes nearly 600 rental units

An Ottawa developer has submitted a proposal to build two mixed-use towers of 26 and 35 storeys...

Sellers are listing but buyers are biding their time, local residential real estate data show

Last month’s interest rate cut by the Bank of Canada wasn’t enough to send sidelined buyers in Ottawa rushing back to the real estate market, according to Royal LePage’s Q2 2024 Home Price Update and Market Forecast, released Thursday. 

Accora Village owner Ferguslea Properties proposes highrise development near Bayshore mall

The real estate company that developed Accora Village is seeking permission to build two residential highrises near...

City committee approves RioCan’s six-tower Carling Avenue project

A major real estate firm’s plan to build six highrises on Carling Avenue that would contain more...

Experts say rate cut could spur demand as Ottawa home sales fall in May

New home listings soared in the capital last month, but demand failed to keep pace as sales declined from the previous year in what has been an “unsteady” spring housing market, the Ottawa Real Estate Board says.

Regulations, ‘fragmented’ construction sector holding back housing starts: CMHC

A study by Canada's national housing agency says housing starts aren’t keeping pace with available residential construction resources due to restrictive regulations and a "highly fragmented" industry.

Home sales dip in April from prior month as spring listings perk up: CREA

On a month-over-month basis, CREA said home sales in April were down 1.7 per cent, while newly listed properties available for sale rose 2.8 per cent to kick off the spring market.

Ottawa home sales rise 8.9% in April as buyers, sellers more confident: OREB

Ottawa home sales jumped 8.9 per cent in April compared with the same month last year as “mutual confidence among both buyers and sellers” gave the market a lift, the Ottawa Real Estate Board says.

Ottawa’s Creative Dev Ventures seeks partners in building ‘transformational’ housing projects

The head of Ottawa-based Creative Dev Ventures says communities in the area must be willing to cooperate and be creative to facilitate more housing and development options.

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