Residential

After refinancing hundreds of millions of dollars’ worth of mortgages earlier this year, Minto Apartment REIT says it is looking at refinancing other properties in an effort to reduce its debt.

Ottawa home sales fell 2.7 per cent last month compared with October 2022 as rising mortgage rates...

The federal government says it will build more than 2,800 homes on its properties in cities across the country, putting it on track to build nearly 30,000 homes on public lands over the next six years.

InterRent REIT said Wednesday 84 per cent of the suites in its 158-unit Slayte rental project on Albert Street were leased as of the end of October. That’s up from less than 50 per cent at the beginning of May, when interior construction of the building was still being completed.

The province has been saying it would remove its eight per cent portion of HST if the federal government dropped the five per cent goods and services tax on rental housing builds.

A new report by TD Economics predicts Canadian home sales and average prices will fall over the coming months but pick up by the second quarter next year.

The Greater Ottawa Home Builders’ Association said Monday it is “extremely disappointed” by the provincial government’s intention to “wind back” changes it made to Ottawa’s Official Plan. 

Ottawa-Gatineau’s annual pace of housing starts rose 18 per cent in September compared with August thanks to...

The 16-storey highrise at 50 Laurier Ave. E. and 170-180 Waller St. was acquired by Homestead Land Holdings from QuadReal Property Group and RBC Global Asset Management in a deal that closed in late September.

The Canadian Real Estate Association is lowering its forecast for home sales and prices this year due to weakness in Ontario and B.C.