Minto Apartment REIT posts net income of $34.6M in Q1 as economy rebounds, rental demand grows
Ottawa-based REIT’s overall revenue grew 8.4 per cent year-over-year to $32.5 million as the occupancy rate of its unfurnished suites ticked up to 94.2 per
Rising interest rates, ‘buyer frustration’ combine to cool off housing market, OREB says
A total of 1,889 residential properties changed hands in April, the Ottawa Real Estate Board says, a 21 per cent decline from a year earlier
Ottawa housing starts hit five-decade high, but still don’t meet demand: CMHC
Builders began work on more than 10,000 new housing units in the capital last year – but that flurry of new construction still wasn’t enough
Cutsey, InterRent’s president since 2015, is taking over as chief executive from Mike McGahan, who’s stepping aside after 12 years at the helm.
Ottawa home sales to fall in 2022 and beyond, but prices will stay high: CMHC
Rising interest rates and job uncertainty will combine to cool down Ottawa’s red-hot home resale market a few degrees in 2022 – but not enough
Royal LePage boosts Ottawa home price forecast as supply crunch persists
Firm is now predicting the aggregate price of a home in Ottawa will jump 13 per cent in the fourth quarter of 2022 compared with
Gatineau building boom continues as National Capital Region housing starts tick up 10% in March
There were 521 new builds launched on the Quebec side of the river last month, up from 182 a year ago, CMHC said Tuesday.
Minto Apartment REIT boss bullish on future as firm spends $200M on pair of acquisitions
To say the past 24 months weren’t kind to companies like Minto that rent apartments in urban cores would be an understatement – but Michael
Average Ottawa residential home price surpasses $850K in March: OREB
Residential-class properties changed hands for an average of $853,615 in March, up 13 per cent from the same month in 2021, real estate board says,
Minto Apartment REIT buys stake in Vancouver Island shopping centre redevelopment
Ottawa-based firm is lending its sister company, Minto Properties, more than $50 million to invest in a joint venture that will see B.C. mall converted
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