InterRent REIT acquires stake in two-building GTA apartment complex
Ottawa firm purchased share of Brampton development in a joint venture with Toronto’s Crestpoint Real Estate Investments and New Brunswick-based Vestcor.
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Residential
Ottawa-Gatineau’s annual rate of housing starts up 725% in February: CMHC
Ottawa-Gatineau’s annual pace of housing starts jumped a whopping 725 per cent in February, the Canada Mortgage and Housing Corp. said Wednesday, reversing months of
Canadian home sales drop 40 per cent in February compared with year ago
The association says February sales were comparable to what was recorded during the same month in 2018 and 2019, before the COVID-19 pandemic.
February home sales show glimmer of hope for sellers, OREB reports
Ottawa’s housing market showed signs of balancing out in February and could even swing back to a seller’s market if current trends continue.
Local property owners with residential rental properties say they are relieved that legislation that would have required them to purchase power generators has failed in
Home sales in Canada post worst start to the year since 2009: CREA
The drop came as January sales also fell on a month-over-month basis as they dropped three per cent compared with December.
Region’s annual rate of housing starts fell 58% in January: CMHC
The six-month rolling average – designed to smooth out monthly fluctuations – was 1,735 units, compared with 4,095 units in December.
Affordable housing in Ottawa gets $18.5M boost from feds
At least 48 new units of affordable housing will be built in Ottawa thanks to funding announced Monday by the federal government.
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