Homebuilders in Ottawa-Gatineau had a busy July, launching nearly 900 new starts as a tight supply of resale homes and rental accommodations continued to drive up demand for multi-unit housing
Housing starts in Ottawa-Gatineau were up 52 per cent in April over the same period last year, driven by a flurry of apartment, condo and townhouse builds on the Quebec side of the river.
A surge in the construction of rental units on the Quebec side of the river fuelled a 63 per cent jump in year-over-year housing starts in Ottawa-Gatineau, the Canada Mortgage and Housing
The chief executive of the Canada Mortgage and Housing Corp.
During a stopover in Ottawa in late summer, Toronto-based condo developer Brad Lamb made it clear he believed condos were a com
While the National Capital Region finished 2018 trending down on housing starts, data from the Canadian Mortgage and Housing Corp.
Despite a flurry of building on the Gatineau side of the river, a lag in new projects in Ottawa led to a slowdown in November housing starts.
Ottawa’s rental vacancy rate held steady in 2018, but the average rent for a two-bedroom apartment rose by its highest level in more than 15 years as rising interest rates and stricter mo