Housing starts in Ottawa held steady in May compared with a year earlier, but there was a steep drop in new builds on the Gatineau side of the river.
Canada Mortgage and Housing Corp.
Builders in Ottawa continued to start new homes at a brisk pace in March while starts on the Gatineau side of the River fell significantly compared with a year earlier, CMHC says.
Bucking the national trend, housing starts in Ottawa-Gatineau surged last month compared with a year earlier, the Canada Mortgage and Housing Corp. reported Monday.
Developers in Ottawa-Gatineau continued to rev up housing starts in January in an effort to respond to unrelenting demand for new inventory
Ottawa-Gatineau’s apartment-building bonanza continued to drive the local housing construction market in December, with the number of multi-unit starts nearly doubling year-over-year
Builders working largely on apartments and other multi-unit builds fuelled a 47 per cent increase in Ottawa-Gatineau housing starts last month, according to new data released Monday
Gatineau homebuilders had their busiest month in nearly 50 years in October while Ottawa saw a substantial decrease in housing starts as compared with 2018
CMHC says cities including Ottawa, Montreal, Quebec, Moncton, Halifax and St. John's show a low degree of vulnerability
Decades of under-investment made dedicated rental buildings an afterthought for many, but the industry has been quietly gathering momentum and attracting deep-pocketed investors
Ottawa-Gatineau homebuilders slowed their pace of new projects in August while a lack of inventory in the National Capital Region continues to drive housing prices higher