CMHC says residential mortgage debt grew last year by fastest pace since 2008
Federal housing agency says growth was driven by increases in both the value and volume of uninsured mortgages for property buying and refinancings.
CMHC says residential mortgage debt grew last year by fastest pace since 2008
Federal housing agency says growth was driven by increases in both the value and volume of uninsured mortgages for property buying and refinancings.
Over 22 million housing units needed by 2030 to solve affordability crisis: CMHC
Achieving housing affordability for everyone in Canada will require developers to become more productive and make full use of land holdings to build more housing,
Ottawa home sales to fall in 2022 and beyond, but prices will stay high: CMHC
Rising interest rates and job uncertainty will combine to cool down Ottawa’s red-hot home resale market a few degrees in 2022 – but not enough
City committee approves proposed tax on vacant residences
Proposal would see owners of residential properties that are vacant more than 184 days a year pay a one per cent tax tacked onto their
Ottawa market faces ‘high’ degree of vulnerability, CMHC says
Significant price increases and overvaluation are causing housing sectors in Ottawa and other major Canadian cities to face “high” levels of vulnerability.
Ottawa’s rental apartment vacancy rate jumps to 3.9%: CMHC
More than 2,300 new rental units were added to the city’s inventory last year, yet the agency estimates that only about 890 of those were
Ottawa housing market ‘overheating,’ CMHC says
But the recent double-digit increases in home prices has not yet reached problematic levels, Crown corporation says.
Feds front Mastercraft Starwood $86.4M for Ottawa rental tower
Excavation work recently began on the 30-storey, 250-apartment Soho Italia mixed-use building on Preston Street, just north of Carling Avenue.
Ottawa home prices to decline in 2021: CMHC
Report predicts weaker demand for homeownership due to job and income losses.
Will Ottawa’s red-hot housing market withstand COVID-19?
Plus, Ottawa realtors share their picks for the capital’s hottest neighbourhoods
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