Residential

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

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 released Monday

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

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 was available in a red-hot market

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

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

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 next several years

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

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 estate brokerage Re/Max

Three-building retirement home and apartment complex proposed for Cyrville

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

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

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

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 Board

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

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

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