Residential

In a planning application filed with the City of Ottawa, Gatineau-based Brigil says the proposed development just northwest of the Marshes Golf Club on March Road would include five separate zones of residential development for a total of 1,908 units in buildings as tall as 15 storeys.

After five straight holds of the Bank of Canada's key interest rate that followed its hiking cycle of more than a year, economists say a rebound awaits the national housing market — but don't expect a big surge just yet.

OREB said 1,165 homes changed hands last month. A total of 2,678 homes were sold in Ottawa through the first three months of 2024, a 13.1 per cent increase from the previous year.

Ottawa home prices are expected to approach peak levels last seen in 2022 by the end of...

The agency says combined housing starts in the Toronto, Vancouver, Montreal, Calgary, Edmonton and Ottawa regions dipped 0.5 per cent compared with 2022, totalling 137,915 units, as apartment starts grew seven per cent to reach a record 98,774 units.

Business leaders see the housing crisis as the biggest risk to the economy, a new survey from KPMG Canada shows.

Sam Mizrahi says the 12-storey, 93-unit building at 1451 Wellington St. W. is expected to be ready for occupancy by September. 

The provincial government’s pledge this week to invest more than $1.8 billion to help build at least 1.5 million homes across Ontario by 2031 will be a welcome boost as Ottawa scrambles to address its housing shortage, a group representing the city’s biggest homebuilders says.

The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago.

According to Marilyn Wilson Dream Properties, the home is officially the most expensive residential rental in Ottawa and sets a “new benchmark” in the luxury retail market, Reba Wilson said.