Discouraging youth employment rates and a surge in condominium buying contributed to an increase in the percentage of vacant apartments in Ottawa during the spring
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Canada Mortgage and Housing Corp.
Ottawa homebuilders keep momentum in May
Despite predictions of a slowdown, Ottawa’s homebuilding industry appears to once again be off to a strong start to the year. On Monday, the Canada
Ottawa housing starts up 14.4% in April
The number of housing starts jumped significantly in April as the Ottawa market showed signs of shaking off a slow beginning to 2013. Starts in
Condo investors cast shadow over housing market
Threat to market stability debated By Mark Brownlee. Cranes and construction crews have been a constant presence along Ottawa’s skyline in recent years as parking
Housing starts up 18% in March
The number of housing starts in Ottawa rose 18 per cent in March compared to the year previous, according to numbers released Tuesday by Canada’s
Ottawa housing starts down 14% in February
Ottawa’s new home construction sector slowed in February as the number of housing starts fell by 14 per cent, according to Canada’s national housing agency.
Condominium boom boosts Ottawa’s housing numbers
A large jump in the construction of condominiums helped boost housing starts for the Ottawa area in January, according to figures released Friday by Canada’s
Housing starts fall 32% in December
Housing starts in Ottawa declined in December 2012 compared to a year earlier, figures released Wednesday by Canada’s national housing agency show. The number of
Rental vacancy rate climbs to 2.5%: CMHC
Increasing home ownership levels combined with the city’s condo construction boom helped ease Ottawa’s residential rental rate in 2012, according to data released Thursday. The
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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