Veteran finance executive Julie Morin stepping down as CFO of Minto Apartment REIT
Ottawa’s 2020 CFO of the Year, who helped guide the REIT through a $230-million IPO in 2018, will retain her other role as chief financial
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Residential
Ottawa home prices expected to decrease two per cent this fall, Re/Max says
The average price of a residential property in the capital was $550,933.75 at the end of August, down 1.1 per cent from a year earlier,
Regional housing starts up year-over-year in August, but annual pace declines, CMHC says
Builders in Ottawa-Gatineau started work on 1,374 new housing units last month, well off the all-time monthly high of 2,130 starts set in July.
CMHC reports annual rate of housing starts in August down from July
The national housing agency says the seasonally adjusted annual rate of housing starts in August was 267,443 units, down three per cent from 275,158 in
CREA lowers expectations for home sales and price growth for 2022
In its latest housing market outlook released Thursday, the association said it expects 532,545 properties to trade hands via Canadian MLS systems this year.
Recent bump in Ottawa’s resale housing inventory ‘artificial,’ veteran realtor says
“Eventually, interest rates will go back down, and then people are going to (scramble) trying to buy everything up,” Paul Rushforth predicts, adding city could
Ottawa realtors sold 1,137 residential properties in August, down 27 per cent from the 1,565 transactions a year earlier and well below the five-year average
Aiming high: Wesley Clover to build 30-storey mixed-use tower beside Brookstreet Hotel
Firm backed by billionaire tech magnate Terry Matthews says it hopes to start construction on the $120-million project, which will include a restaurant and about
UPDATED: Housing starts in Ottawa-Gatineau soar 170%, top 2,000 in July, CMHC reports
Housing agency says work began on 2,130 new housing units in the National Capital Region last month, with multi-unit builds soaring almost 400 per cent
Canadian home sales fall for fifth month in a row, down 29% from last July: CREA
On a seasonally adjusted basis, the association says sales in July fell 5.3 per cent compared with June. The actual number of sales last month
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