Residential

The Canadian Real Estate Association says home sales in October posted their first monthly gain since February. The...

InterRent REIT’s buildings edged closer to full occupancy in the third quarter amid a rental market rebound...

Minto Apartment REIT continued to benefit from a resurgent rental market in the third quarter as the...

Residential home prices declined an average of five per cent last month compared with a year earlier as the market continues to soften in the face of rising interest rates.

Developer filed a revised application with the city that would see it reduce the height of the highrises near the Ottawa Hospital's Civic campus from 22 and 28 storeys to 16 and 25 storeys.

Just days after the election of a new mayor and council, Burggraaf says it is important for the city to have a clear number as a housing goal.

Compared with a year ago, home sales in September were down 32.2 per cent and about 12 per cent below the pre-pandemic 10-year average for the month.

A total of 2,969 condos changed hands in the capital between January and the end of August, down from 3,577 in the same period in 2021, national brokerage network said Thursday.

Members of the Ottawa Real Estate Board sold 1,080 residential properties last month, down from 1,601 in September 2021 and 31 per cent below the five-year average.

Firms say a number of factors – including soaring inflation, rising interest rates and new city fees – are causing them to re-evaluate plans for major multi-residential towers in Ottawa's core.