Residential

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 of the year, it represented a 1.1 per cent decrease from the third quarter, Royal LePage said.

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 average price of a home sold in December was $657,145, up 5.1 per cent from December 2022.

Minto Apartment REIT has sold two properties to Ottawa Community Housing Corp. for $86 million as the...

Smart Living Properties has filed a proposal to tear down the bulk of the existing two- and three-storey commercial buildings at 178 Nepean St. and 219 and 223 Bank St. and replace them with a mixed-use complex featuring 263 rental suites and nearly 11,000 square feet of ground-floor retail space.

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 rebound in 2024.

Ottawa home sales ticked up slightly in December compared with a year earlier but were still well...

Royal LePage is forecasting the aggregate price of an Ottawa home will rise 4.5 per cent year-over-year...

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. 

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, a senior Bank of Canada official said Thursday.

Ottawa home sales fell last month compared with the previous year as buyers continued to take a...