Despite a slowdown in November, home construction activity in Ottawa in 2012 is expected to outpace the number of units built last year, according to
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Residential
Home sales in Ottawa last month couldn’t compete with last year’s best November on record, with a nine-per-cent decrease in sales year-over-year. Ottawa realtors sold
An Ottawa-based real estate development and management firm said it will spend $2.7 million upgrading a multi-residential and commercial portfolio it acquired in its hometown.
Travelodge turning into apartments
A small hotel on the western edge of downtown has welcomed its last guest. Gemstone Apartments paid $3 million for the complex just east of
Land supply adequate: planning committee
The city moved a step closer on Tuesday to freezing the supply of land available for residential development for the next five years. Councillors on
Home affordability improves in Ottawa: RBC
The cost of owning a home in Ottawa eased during the most recent quarter, according to an affordability study by Royal Bank. The average local
Regal enters Ottawa with $200M acquisition
A newly launched property firm has purchased six local retirement residences in what is believed to be the largest deal of its kind in Ottawa.
Ottawa home price increases to slow: Re/Max
Local home prices will continue to rise next year at the same modest pace as in 2012 as would-be buyers continue to be hampered by
Killam continues hunt for Ottawa properties
Fresh offs its first foray into the National Capital Region, residential property landlord Killam Properties (TSX:KMP) says it is hunting for more local acquisition prospects.
Condo market strength will overcome housing market malaise: CMHC
Tightening federal mortgage rules won’t deter first-time homebuyers from purchasing new condos and keeping Ottawa’s housing market afloat in the coming years, an analyst with
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