Canada Mortgage and Housing Corp.
Housing starts in Ottawa-Gatineau dropped off in July, mirroring a national downturn following near-record highs in new home construction across the country the previous month, according to the Can
Multiple-unit dwellings drove much of the increase in construction, particularly in Ottawa, where unit starts of that type nearly doubled year-over-year to 608.
Ottawa’s robust economy helped dramatically cut the number of unsold housing units in the region over the first three quarters of 2017, the Canada Mortgage and Housing Corp. said in a report released…
Industry watchers had predicted a rebound in housing starts in 2017 following several years of declines.
While Ottawa’s central downtown population grew at the fastest rate last year, data from the city’s annual development report show neighbourhoods just outside of the greenbelt are gaining ground.
Industry officials have previously said the industry is recovering alongside a rebound in consumer confidence following years of belt-tightening under the Conservative government that limited the…
Rental apartments drive increase as homebuilders diversify
The busy year continued for Ottawa homebuilders in June as local developers posted double-digit increases in housing starts over last year, according to the Canada Mortgage and Housing Co
Ottawa’s residential construction industry picked up more steam in May as homebuilders continued to accelerate the pace of new housing starts, the Canada Mortgage and Housing Corp.
Nearly one in five first-time homebuyers received help with a down payment from a family member, according to a survey conducted by the federal housing agency released Tuesday.