Residential

CMHC reports annual rate of housing starts in August down from July

Residential

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

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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

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“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

Rising home prices ‘unsustainable,’ realtor says as Ottawa resale transactions fall for sixth straight month

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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

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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

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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

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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

Minto Apartment REIT continues momentum with strong Q2

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Immigration-fuelled population growth and rising interest rates that have driven up the cost of buying a home helped boost Minto Apartment REIT’s bottom line in

InterRent REIT’s earnings rebound continues despite quarter-over-quarter dip in occupancy

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Ottawa-based real estate investment trust said Tuesday its funds from operations rose 6.3 per cent compared with the second quarter of 2021 to $18.9 million.