Residential

Government can’t solve housing issues alone, private sector must be involved: CMHC

The report by CMHC deputy chief economist Aled ab Iorwerth says the scale of the problem is so large that the private sector must be involved.

A change of space: More developers eye office-to-residential conversions as demand for housing grows

The idea of turning offices that are past their best-before dates into apartments or condominiums is hardly novel, but real estate experts say the conversion trend is gaining momentum in Ottawa.

Canadian October home sales up from September, first monthly increase since February

The Canadian Real Estate Association says home sales in October posted their first monthly gain since February. The...

InterRent REIT’s income rises in Q3 amid increased demand for rental housing

InterRent REIT’s buildings edged closer to full occupancy in the third quarter amid a rental market rebound...

Minto Apartment REIT rides rental resurgence to strong Q3 growth

Minto Apartment REIT continued to benefit from a resurgent rental market in the third quarter as the...

‘Buyer hesitancy’ grows as home sales, residential prices fall in October, OREB says

Residential home prices declined an average of five per cent last month compared with a year earlier as the market continues to soften in the face of rising interest rates.

Taggart reduces proposed height of two-tower Carling Avenue residential complex

Developer filed a revised application with the city that would see it reduce the height of the highrises near the Ottawa Hospital's Civic campus from 22 and 28 storeys to 16 and 25 storeys.

New provincial announcement ‘critical’ for Ottawa to reach housing goals: GOHBA

Just days after the election of a new mayor and council, Burggraaf says it is important for the city to have a clear number as a housing goal.

CREA reports home sales in typically busy September continued to slow

Compared with a year ago, home sales in September were down 32.2 per cent and about 12 per cent below the pre-pandemic 10-year average for the month.

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