Canadian Real Estate Association cuts forecast for home sales and prices this year
The Canadian Real Estate Association is lowering its forecast for home sales and prices this year due to weakness in Ontario and B.C.
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Residential
Royal LePage holds fast to Q4 forecast calling for housing prices in Ottawa to rise 7%
Real estate firm Royal LePage is forecasting the aggregate price of a home in Canada will increase seven per cent in the final quarter of
Ottawa home sales last month well below typical September levels: OREB
Home sales in Ottawa were 29.6 per cent below the five-year average and 23.6 per cent below the 10-year average for the month of September,
Ottawa housing starts down 18% in first half of 2023 despite apartment-building boom: CMHC
The housing agency says builders started work on 2,164 new apartment units, including condominiums and rentals, between January and the end of June, up 38
Ottawa condo sector ‘gaining momentum’ heading into final quarter of 2023: Re/Max
A total of 2,454 condos changed hands in the capital between January and the end of August, down from 2,964 in the same period in
Developer says it will build 1,000-plus rental units in Ottawa because of Liberals’ GST break
A Toronto-based real estate company says it is planning to build 5,000 new rental units in urban centres across the country as a result of
Freeland introduces bill to remove GST off rental developments, amend competition law
Finance Minister Chrystia Freeland introduced legislation Thursday morning that would remove GST charges from new rental developments and update the country’s competition law.
Ottawa-Gatineau’s annual pace of housing starts jumps 39% in August: CMHC
The annual pace of housing starts in the National Capital Region bounced back last month, rising 39 per cent after falling in July, the Canada
Removing GST from new rental construction will make builds more viable, developers say
The federal government’s plan to remove the GST from the construction of new rental projects will trim thousands of dollars off the cost of building
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