Residential-class homes in Ottawa sold for an average of nearly $743,000 last month, latest figures show.
If you take a drive around Ottawa, you’ll see one development project going up after another.
Significant price increases and overvaluation are causing housing sectors in Ottawa and other major Canadian cities to face “high” levels of vulnerability.
Family-owned business has grown from passive investments to a diversified real estate development and management firm.
Many Baby Boomers are looking for ways to pass along their wealth to the next generation.
Two years in the making, project aims to finance environmentally sustainable developments in Ottawa and the Greater Toronto Area.
That's up slightly from 10 years ago but still well below the “affordability threshold” of 30 per cent, according to the new report from real estate search portal Point2.
Price ceilings on the rise: Surge in million-dollar sales pushes average Ottawa home value to new heights
Local realtors said 63 properties sold for at least $1 million last month, compared with 16 transactions valued at $1 million-plus in January 2020.
After a year that saw home average home prices jump 20 per cent, Ottawa homebuyers can expect little relief in the months ahead, according to a major Canadian real estate brokerage.
Firm said Monday it’s teaming up with Toronto-based Crestpoint Real Estate Investments to acquire 15 properties with a total of 614 suites in Canada’s third-largest city.