Ottawa housing market ‘overheating,’ CMHC says
But the recent double-digit increases in home prices has not yet reached problematic levels, Crown corporation says.
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CMHC
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
CMHC expanding insured mortgage purchase program to $150B, up from $50B
Canada Mortgage and Housing Corp. is expanding its insured mortgage purchase program to $150 billion as part of its response to the COVID-19 crisis. The
Declining apartment vacancy rate pushing rent higher in Ottawa: CMHC
Tenants in Ottawa paid an average of $108 a month more for an apartment in 2019 compared with a year earlier, thanks to “robust demand”
‘Room for a lot more buildings’ in booming Ottawa rental market
Despite a wave of new projects, local developers say they have no plans to scale back apartment construction in 2020 as demand for units continues
Ontario signs on to housing help from the federal Liberal government
The federal government has signed the first of what it hopes will be 13 funding agreements for a new rent supplement for low-income households
Ottawa should see healthy homebuilding growth in coming years, CMHC predicts
Housing starts in Ottawa are expected to grow at a “modest pace” over the next two years, according to the CMHC
Ottawa housing starts soar in September on flurry of multi-unit builds
A flurry of new multi-unit builds in Ottawa fuelled a spike in September housing starts, according to new data from the Canada Mortgage and Housing
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