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.
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Residential
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
Annual pace of housing starts in Ottawa-Gatineau down 11% in October: CMHC
Canada Mortgage and Housing Corp. says the annual pace of housing starts for October ticked up from September.
Home sales slow in October as many buyers have already ‘gone into hibernation’: CREA
Home sales in Canada last month ticked up on an annual basis but fell 5.6 per cent compared with September as the Canadian Real Estate
Taggart Group downsizes proposed Kent Street residential highrise
Taggart Group says its revised plan for 359 Kent St. now calls for a 27-storey highrise rather than the 30-storey tower it proposed earlier this
Minto Apartment REIT eyes more refinancing as mortgage costs rise
After refinancing hundreds of millions of dollars’ worth of mortgages earlier this year, Minto Apartment REIT says it is looking at refinancing other properties in
Ottawa home sales down 2.7% in October amid rising borrowing costs
Ottawa home sales fell 2.7 per cent last month compared with October 2022 as rising mortgage rates put a damper on activity. The Ottawa Real
Feds unlock public properties to build homes, say 1,600 units will be built in Ottawa
The federal government says it will build more than 2,800 homes on its properties in cities across the country, putting it on track to build
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