Rate hikes, inflation throw cold water on housing resale market in June: OREB
Members of the Ottawa Real Estate Board sold 1,508 residential properties last month, a drop of nearly 30 per cent from June 2021.
Skip to content
Residential
CMHC says residential mortgage debt grew last year by fastest pace since 2008
Federal housing agency says growth was driven by increases in both the value and volume of uninsured mortgages for property buying and refinancings.
Windmill plans new group home, residential towers near former site of Lincoln Fields Shopping Centre
Builder known for its environmentally friendly projects wants to construct three buildings with a total of 510 residential suites near the northwest corner of Richmond
Over 22 million housing units needed by 2030 to solve affordability crisis: CMHC
Achieving housing affordability for everyone in Canada will require developers to become more productive and make full use of land holdings to build more housing,
Canada’s house price boom strongest in suburbs as gap with downtown shrinks: Study
The Bank of Canada said in a study Monday that the closure of many downtown services coupled with a desire for more living space increased
May home sales down 22% since last year, 9% from April: CREA
Economists attribute much of the cooling to rising interest and mortgage rates.
Ottawa-Gatineau housing starts fall for second straight month in May
Homebuilders started work on 1,315 new dwelling units in Ottawa-Gatineau in April, down from 1,718 starts in the same month in 2021.
Feds contribute $6.6M to Bells Corners affordable housing project
This amount is complemented by $740,000 for fee and development charge waivers from the City of Ottawa and $4 million in Ontario Priorities Housing Initiative
Home prices fall from April, sales drop 19% year-over-year in May: OREB
The average residential-class property changed hands for about $802,000 last month, the city’s real estate board said, up eight per cent from a year earlier
Interest in mortgages from alternative lenders up as rates rise: Brokers
Canadian homebuyers are increasingly considering credit unions and private lenders to secure mortgages as rates rise, brokers say.
Get our email newsletters
Get up-to-date news about the companies, people and issues that impact businesses in Ottawa and beyond.
By signing up you agree to our Terms of Use and Privacy Policy. You may unsubscribe at any time.
The Latest
Video
OBJ360
Sponsored
Sponsored
The Ottawa Hospital Foundation’s Campaign to Create Tomorrow
The $500-million fundraising campaign is the largest in our city’s history. It will reshape the future of healthcare in Ottawa and beyond.
EXPERT BLOGS
Help Shape the Future of Ottawa’s Historic ByWard Market: Apply to Join the BMDA Board of Directors
ByWard Market District Authority
Before you pick your home’s siding, talk to the people who install it.
Guillaume Danis Bertrand
