Canada will see weakest level of home sales since 2001 this year: TD report
The housing market outlook from economist Rishi Sondhi attributes the prediction to the poorest affordability level since the late 80s and early 90s.
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Ottawa home sales down 30% in December as fall from record 2021 continues: OREB
Overall, home sales in Ottawa fell 25 per cent in 2022 from the previous year, with a total of 15,288 properties changing hands, compared with
Region’s annual pace of housing starts down 25% in November: CMHC
The national housing agency says the seasonally adjusted annual rate of starts – a six-month rolling average designed to smooth out monthly fluctuations – was
Canadian Real Estate Association reports home sales down in November
The association said Thursday the move lower more than erased the gain seen in October and resumed the overall trend lower for the year.
Ottawa home prices expected to rise 4% in 2023, Re/Max says
In the report released Tuesday, Re/Max Canada says it expects the average sale price of a home in Ottawa to rise to $683,000 next year,
Government can’t solve housing issues alone, private sector must be involved: CMHC
The report by CMHC deputy chief economist Aled ab Iorwerth says the scale of the problem is so large that the private sector must be
A change of space: More developers eye office-to-residential conversions as demand for housing grows
The idea of turning offices that are past their best-before dates into apartments or condominiums is hardly novel, but real estate experts say the conversion
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