
Homebuilder Mattamy buys 14 acres in former CFB Rockcliffe in Ottawa
Mattamy Homes, alongside Claridge Homes, Uniform Urban Developments and Tartan Homes, are developing separate parcels of the former CFB Rockcliffe, seen above. (Image courtesy the Canada Lands Corp.) With the first new homes at the former Canadian Forces Base Rockcliffe under construction and slated for occupancy later this year, another major homebuilder has secured a stake in the massive redevelopment project. Mattamy Homes says it’s purchased four blocks of land totalling

Ottawa house prices up 7.9% in April; Number of units sold near record
Ottawa’s housing market strengthened in the favour of sellers in April as average prices for residential properties jumped 7.9 per cent year over year to $435,900. Members of the Ottawa Real Estate Board sold nearly 1,500 properties in April, up 2.5 per cent compared to April 2016, the OREB reported Wednesday. The market for condominiums, meanwhile, saw prices move up more gradually while sales activity accelerated. The average price of an Ottawa condo in April was $268,600,

Ottawa real estate market hits new highs in May
The 2,300 properties sold last month ‘blows the previous record out of the water,’ Ottawa Real Estate Board says After months of gaining steam, Ottawa’s housing market surged in May as buyers set an all-time record for sales in a single month and average resale prices, new figures from the Ottawa Real Estate Board show. OREB members sold 2,300 residential properties last month, an increase of 19.9 per cent over May 2016. To put that number in further context, the five-year av