A tougher job market in the capital led to a lower rental vacancy rate in the capital in October, according to the Canada Mortgage and Housing Corp.
The existing home market in the capital will see higher prices and slower sales in 2015, a senior analyst with Canada Mortgage and Housing Corp told the CMHC Housing Outlook Conference Thursday.
While the number of housing starts in Ottawa is forecast to decline this year, the resale market is expected to stay balanced into 2015, according to a new report by the Canada Mortgage and Housing
The number of housing starts in Ottawa shot up in March, but not enough to reverse the home construction market’s tepid start to 2014.
A sharp drop off in the construction of apartment, semi-detached and row dwellings helped extend a slow start to the year for the region’s new housing market.
A plunge in multiple-unit dwelling construction activity contributed to a significant decrease in the number of housing starts in the capital last month, according to the latest numbers f
A jump in December helped push the number of housing starts in the capital up for the year 2013, the Canada Mortgage and Housing Corp. announced on Thursday.
That chill in the air Matthew Sachs felt in late December had nothing to do with the arctic-like temperatures gripping the capital.
The rental apartment vacancy rate in Ottawa was up slightly this fall when compared to last year, according to a new report from the Canada Mortgage and Housing Corporation.
Year-over-year housing construction ballooned in Ottawa last month as the number of housing starts for the region nearly doubled, according to figures the Canada Mortgage and Housing Corp.