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Economists see ‘turning point’ in housing market this year as interest rate cuts loom
After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a
Ottawa home sales rise in December as OREB hopes ‘consumer confidence is returning’
Ottawa home sales ticked up slightly in December compared with a year earlier but were still well below the five-year average as higher mortgage rates
Ottawa home prices expected to rise 4.5% in 2024 as pent-up demand grows: Royal LePage
Royal LePage is forecasting the aggregate price of an Ottawa home will rise 4.5 per cent year-over-year by the fourth quarter of 2024, slightly below
Minto Apartment REIT sells remainder of Edmonton portfolio
The sale of the REIT’s last two buildings in the Alberta capital closed last Thursday, Ottawa-based Minto said in a news release Monday.
Surge in newcomers putting pressure on inflation via housing demand: BoC deputy
The recent surge in newcomers is adding to inflation through housing demand, warning rents and home prices could continue to rise without boosting housing supply,
Ottawa home sales continued to slide in November: OREB
Ottawa home sales fell last month compared with the previous year as buyers continued to take a wait-and-see approach amid rising mortgage rates. A total
Short-term rentals have ‘significantly impacted’ housing affordability: Desjardins
A Desjardins report suggests short-term rentals likely contributed to the housing affordability crisis in Canada and around the world.
Theberge Homes ‘satisfied’ by committee decision on Baseline highrises, owner says
The proposal filed by Joey Theberge, owner of Theberge Homes, involves plans for two 24-storey highrises and a 32-storey tower at 780 Baseline Rd.
Builder confident three-tower Baseline Road project will go ahead despite shadow concerns
An Ottawa developer says he remains optimistic his plan to build a series of highrises along Baseline Road will get the green light, despite a
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