Ottawa Real Estate

News & Articles

January 31, 2017

Research using realtor.com data indicates that buyers would be wise to find a deal now

Key Takeaways

  • Ready to become a homeowner? Nerdwallet and Realtor.com Chief Economist Jonathan Smoke say January and February are the best months to purchase a home.

  • The media...

January 27, 2017

After hitting a record high in November, the number of people working in the National Capital Region dipped slightly last month as employers shed 500 jobs, Statistics Canada said Friday.

However, a decline in the number of people looking for work meant the unemployment...

January 26, 2017

Claridge Homes says it wants to turn a barren plot of land near the Canadian War Museum into a 1,600-unit, five-tower complex aimed at mixed-income households.

A rendering of Claridge Homes' proposal for its East LeBreton Flats property.

The proposed LeBreton Flats devel...

January 24, 2017

After a flurry of activity in 2016 that saw the Rideau Centre unveil a $360-million expansion and Costco open a new outlet in Barrhaven, the Ottawa retail sector is set to experience steady if unspectacular growth over the next 12 months, a prominent analyst predicts.

N...

January 23, 2017

Canadians are increasingly tapping the ‘Bank of Mom and Dad’ for home down payments, according to a recent study.

A record-number of Canadians are expected to accept help from their parents when buying a house this year in the wake of more stringent lending rules, acc...

January 20, 2017

The second phase for Ottawa’s light rail transit has cleared another hurdle, with the NCC approving of the city’s construction plans on its lands in the west.

The rail crosses NCC land at the Sir John A. Macdonald Parkway in Westboro, and south by Lincoln Fields to Base...

January 17, 2017

The benchmark price for Ottawa homes eased up four per cent year over year to $341,400 in December, according to a survey published Monday by the Canadian Real Estate Association.

That’s considerably below the 14.2 per cent gain recorded nationally by CREA, which estima...

January 12, 2017

It began life 190 years ago as Bytown, founded to house labourers who had been recruited to build the Rideau Canal. For its first few decades, it was a crude, notoriously lawless frontier settlement.

Even after Queen Victoria chose it as capital of the united...

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