Robert Kavcic

Ottawa-Gatineau’s unemployment rate falls below 4% in June

That marks the lowest rate in at least two decades and comes even as the local economy’s job-creation engine stalled last month.

Over 22 million housing units needed by 2030 to solve affordability crisis: CMHC

Residential

Achieving housing affordability for everyone in Canada will require developers to become more productive and make full use of land holdings to build more housing,

May home sales down 22% since last year, 9% from April: CREA

Residential

Economists attribute much of the cooling to rising interest and mortgage rates.

CREA reports home sales down in April as mortgage rates rise

Residential

The association found the number of homes sold dropped by 25.7 per cent to 54,894 last month from 73,907 in April 2021, when the country

Canadians with mortgages brace for big Bank of Canada rate hike

Canada & World

The Bank of Canada is gearing up to announce its next move on interest rates this Wednesday, with Bay Street forecasters expecting a 50 basis-point

Average Ottawa home price up 16% from February 2021 to more than $730K, industry group says

Residential

The average price in the nation’s capital last month was $730,300, according to the Canadian Real Estate Association, up from $630,000 in February 2021.