Home prices continue surge, but supply grows in May: OREB
The average residential-class property in the capital sold for $741,000 in May, an increase of 35 per cent over the same month a year ago.
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Residential
City committee approves proposed tax on vacant residences
Proposal would see owners of residential properties that are vacant more than 184 days a year pay a one per cent tax tacked onto their
Montreal developer behind heritage hotel plan calls move into Ottawa a ‘natural progression’
Marc Varadi’s firm, Rimap Development, has a growing portfolio of projects in the capital that also includes another downtown hotel and an apartment highrise in
Developer proposes hotel, 22-storey apartment tower for ByWard Market site of former Shopify HQ
Montreal’s Rimap Development says it wants to convert the heritage building at 126 York St. into a 214-suite hotel and build a highrise with 280
Gatineau gains fuel surge in April housing starts: CMHC
Local builders started work on 588 new units on the Quebec side of the river last month, accounting for the lion’s share of the year-over-year
InterRent REIT rides wave of acquisitions to solid Q1 performance
Ottawa-based company said its funds from operations – a key cash-flow metric for REITs – rose nearly 12 per cent compared with the first quarter
Minto Apartment REIT sees vacancies rise in Q1
Company blames drop in suite occupancy rates on economic fallout from the pandemic.
Ottawa home starts to fall from 2020’s record high: CMHC
Agency says resale housing market will “remain robust in 2021,” with average prices expected to reach up to $640,000 – nearly $110,000 above the 2020
Ottawa house prices soar 42% in April, real estate board says
Residential-class homes in Ottawa sold for an average of nearly $743,000 last month, latest figures show.
Toronto’s Marlin Spring acquires three Ottawa retirement homes from Revera
Deals are part of real estate firm’s bid to expand its portfolio of retirement residences across North America.
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