Residential

Ottawa-Gatineau housing starts up 47% in November: CMHC

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Builders working largely on apartments and other multi-unit builds fuelled a 47 per cent increase in Ottawa-Gatineau housing starts last month, according to new data

Ottawa housing market sees price hikes across all property classes in November: OREB

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The average sale price of a residential-class property in Ottawa broke the half-million-dollar mark in November as homebuyers continued to snap up what little inventory

Brigil applies to build second tower at Parkdale Avenue ‘luxury’ development

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Developer Brigil has applied to build a 28-storey apartment building next door to its upcoming 32-storey highrise on Parkdale Avenue across from Tunney’s Pasture

LRT the ‘driving factor’ in Trinity’s planned residential builds in downtown Ottawa

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Ottawa’s Trinity Development Group has launched the first stage of its ambitious plan to build 2,700 new rental units near light rail stops over the

Re/Max projects Ottawa home prices to climb 6% in 2020

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Ottawa’s housing market is firmly in sellers’ territory and home prices are expected to continue to climb in 2020, according to new data from real

Three-building retirement home and apartment complex proposed for Cyrville

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A local developer is proposing to build a six-storey retirement home and seniors’ apartment complex in Cyrville on a site currently occupied by industrial buildings

Ottawa’s Minto Apartment REIT sees upswing amid rising rents in Q3

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As its property managers sign tenants to increasingly lucrative leases, Minto Apartment REIT is seeing its quarterly earnings rise in step

Gatineau housing starts surge in October as Ottawa regresses: CMHC

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Gatineau homebuilders had their busiest month in nearly 50 years in October while Ottawa saw a substantial decrease in housing starts as compared with 2018

Ottawa home sales up 17% in October: OREB

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Despite scarce inventory, local realtors continued to sell properties at a “breakneck” pace in October, according to the latest figures from the Ottawa Real Estate

Rental buildings making a comeback as housing crunch pushes demand, returns

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Decades of under-investment made dedicated rental buildings an afterthought for many, but the industry has been quietly gathering momentum and attracting deep-pocketed investors