Ottawa aggregate home prices rose 4.8% in 2023 but fell in Q4, Royal LePage says
The aggregate price of a home was $754,700 at the end of December, the real estate company said. While that was up from the start
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Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution
December home sales were up 3.7 per cent compared with the same month in 2022, marking the largest year-over-year gain since August. The actual national
Minto Apartment REIT sells Nepean-area properties for $86M
Minto Apartment REIT has sold two properties to Ottawa Community Housing Corp. for $86 million as the company continues to raise money to pay down
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
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