Residential-class home prices jump 17% in February despite more inventory: OREB
Ottawa Real Estate Board president Penny Torontow said “unrelenting high demand” for housing is driving up prices despite the bump in supply.
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Penny Torontow
Housing starts dip slightly in January, CMHC says
Developers launched 640 new builds last month, agency says, down three per cent from the 661 starts recorded in January 2021.
Million-dollar threshold no barrier as high-end home sales surge, OREB says
Detached home sales topping the million-dollar mark accounted for 14 per cent of local transactions in January – up substantially from 2020, when they made
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