Developer says it will build 1,000-plus rental units in Ottawa because of Liberals’ GST break
A Toronto-based real estate company says it is planning to build 5,000 new rental units in urban centres across the country as a result of
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Residential
Freeland introduces bill to remove GST off rental developments, amend competition law
Finance Minister Chrystia Freeland introduced legislation Thursday morning that would remove GST charges from new rental developments and update the country’s competition law.
Ottawa-Gatineau’s annual pace of housing starts jumps 39% in August: CMHC
The annual pace of housing starts in the National Capital Region bounced back last month, rising 39 per cent after falling in July, the Canada
Removing GST from new rental construction will make builds more viable, developers say
The federal government’s plan to remove the GST from the construction of new rental projects will trim thousands of dollars off the cost of building
National home sales fall 4% between July and August as market slows: CREA
The Canadian Real Estate Association says home sales slowed last month as they tumbled by roughly four per cent between July and August.
Ottawa’s housing market picked up slightly in August compared with a year earlier, but the leader of the city’s real estate board warned more fluctuations
Interest rate hikes might be over but don’t expect housing market to flare up: BMO
One Bay Street economist says it’s unlikely the housing market will flare up, despite the Bank of Canada’s decision to keep its key interest rate
Ottawa home prices forecasted to decline this fall amid high interest rates: Re/Max
In its fall market outlook released Tuesday, Re/Max Canada says it expects the average sale price of a home in Ottawa to drop to about
Katasa Group buys Slater Street highrises, eyes office-to-residential conversion
Katasa Group is adding to Ottawa’s list of proposed office-to-residential conversion projects with a plan to turn a Slater Street commercial building into an apartment
Ottawa builder proposes residential highrises at site of original Lone Star Texas Grill
An Ottawa developer wants to build three highrises with nearly 1,100 residential units on what is now the site of a strip mall that contains
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