Condo market strength will overcome housing market malaise: CMHC
Tightening federal mortgage rules won’t deter first-time homebuyers from purchasing new condos and keeping Ottawa’s housing market afloat in the coming years, an analyst with
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Realtor Marnie Bennett fined, suspended by regulators
Ottawa’s self-dubbed “condo queen” will be off the market for four months after her real estate registration was suspended by industry regulations. Well-known real estate
October housing sales increase
Ottawa realtors collectively recorded their best October since 2009 in terms of home sales, although increases in prices continued to slow. The average sale price
Ottawa home construction to drop 15%: CMHC
Housing starts in the Ottawa area will moderate in 2013 following this year’s construction boom, according to numbers released Monday by Canada’s housing agency The
BTB REIT buys $6M interest in Gatineau buildings
A Montreal-based real estate investment trust is expanding its presence in the National Capital Region. BTB REIT says it has purchased a 50-per-cent interest in
Mounties’ move to Barrhaven drags on
More than six years after signing a $600-million deal to lease space inside the former JDS Uniphase complex in Barrhaven for its new headquarters, roughly
No urban boundary expansion in the works: city
The City of Ottawa isn’t planning to expand the space available for suburban development anytime soon and will instead devote its time to examining the
‘Strict’ NCC regulations slow down Ashcroft’s downtown development A local builder is adjusting to a different sort of landlord as it prepares for a delayed
Industrial vacancy rate reaches 30-month low
Ottawa’s industrial property vacancy rate dipped to its lowest level since March 2010 as another tech tenant of the former Nortel campus found a new
PCL wins Bank of Canada renovations contract
A major Crown corporation has started to hand out millions of dollars worth of architectural and engineering contracts in preparation for a major renovation project
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