Residential

Ottawa home prices expected to approach 2022 levels by end of year: CMHC

Ottawa home prices are expected to approach peak levels last seen in 2022 by the end of...

Housing starts stable in 2023, but demand still outpaces growing supply of apartments

The agency says combined housing starts in the Toronto, Vancouver, Montreal, Calgary, Edmonton and Ottawa regions dipped 0.5 per cent compared with 2022, totalling 137,915 units, as apartment starts grew seven per cent to reach a record 98,774 units.

Business leaders say housing biggest risk to economy: KPMG survey

Business leaders see the housing crisis as the biggest risk to the economy, a new survey from KPMG Canada shows.

‘Landmark’ Mizrahi condo building in Westboro slated to open this fall, developer says

Sam Mizrahi says the 12-storey, 93-unit building at 1451 Wellington St. W. is expected to be ready for occupancy by September. 

Local homebuilders praise province’s $1.8B funding injection for housing infrastructure

The provincial government’s pledge this week to invest more than $1.8 billion to help build at least 1.5 million homes across Ontario by 2031 will be a welcome boost as Ottawa scrambles to address its housing shortage, a group representing the city’s biggest homebuilders says.

National home sales in February up nearly 20% compared with year ago

The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago.

Here’s what $35K a month can get you for a rental in Ottawa

According to Marilyn Wilson Dream Properties, the home is officially the most expensive residential rental in Ottawa and sets a “new benchmark” in the luxury retail market, Reba Wilson said.

Minto Apartment REIT’s revenues rise in 2023 as demand for suites grows

Minto Apartment REIT’s revenues rose in 2023 as rents increased and more of its suites were occupied...

Ottawa home sales rise 15% in February, but ‘affordability remains out of reach for many’: OREB

Ottawa home sales rose 15 per cent in February compared with the same month a year ago,...

InterRent REIT posts gains in key financial metrics as occupancy rate hits ‘optimal’ 97%

InterRent REIT reported gains in most key financial metrics in the fourth quarter of 2023 as the...
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