Browsing Tag

Ottawa

Canadian Luxury Housing Market Expected to Grow in Resale Price: Engel & Völkers Report

Building Feb 12, 2020

Engel & Völkers’ annual market report forecasts Canada to have a 4 per cent growth in the resale price, informed by strong demand drivers and 2019’s housing market resiliency.The real estate company analyzed select Canadian…

Real Estate

Average Monthly Asking Rent in Canada Up 4.3 Per Cent: Rentals.ca Report

Building Jan 31, 2020

According to the January National Rent Report from Rentals.ca and Bullpen Research & Consulting, the average monthly asking rent for Canada rose 4.3 per cent year over year at the end of December.Toronto, Montréal and Vancouver…

Real Estate

Rentals.ca Releases its 2020 Rental Market Predictions Report

Building Jan 17, 2020

Rentals.ca and Bullpen Research & Consulting’s December National Rent Report forecasts a 3 per cent year over year rental rate increase on a national basis in 2020.Annual rental rates could increase in 2020 by as much as 7 per cent…

Cities

Moving Right Along

Jennifer Hunt Jan 10, 2020

Considered the largest infrastructure project in Ottawa, construction of the Light Rail Transit (LRT) project began in 2013 and was finally opened to the public on September 14, 2019. The Confederation Line (also called Line 1) is a…

Architecture

Supreme Court eyes brighter future with skylight, grand hall in temporary digs

Jim Bronskill - THE CANADIAN PRESS Jan 8, 2020

OTTAWA – They say justice must be seen to be done, and that should become a little easier in the Supreme Court of Canada's temporary new home.A few years from now, visitors to the renovated West Memorial Building in Ottawa will enter a…

Real Estate

Starlight Investments Completes $1.7 Billion Portfolio Acquisition

Building Dec 23, 2019

Starlight Investments has completed the acquisition of a 44 building concrete, multi-residential, high-rise portfolio. Comprising 6,271 rental units, the suite types within the Portfolio range from bachelor to three-bedroom units.…

Real Estate

Rents in Canada to grow by 3 per cent in 2020: Rentals.ca Report

Building Dec 18, 2019

According to housing analyst Ben Myers, president of Bullpen Research & Consulting Inc., the average monthly rent is forecast to increase by 3 per cent in 2020.Rentals.ca and Bullpen Research & Consulting’s December National…

Real Estate

New GTA Homes are Subject to Some of the Highest Government Charges in North America

Building Sep 23, 2019

According to a new report conducted by the Altus Group for the Building Industry and Land Development Association (BILD), the impact of all government fees, taxes and charges in the wallets of new home buyers in the Greater Toronto Area…

Building

Strong Pace of Hotel Activity in the Second Quarter Elevates First Half Volume: Report

Building Sep 3, 2019

The latest INNvestment Canada Hotel Report by Colliers International Hotels reveals approximately $830 million of hotels transacted across the country in the first half of the year, with an average price per room of $140,300.More than…

Building

Checking In

Kevin Powers Aug 30, 2019

For a time in early summer, the most intense political battle in Ottawa was taking place outside the House of Commons, 100 metres east of Parliament Hill. The site of the controversy was the neo-gothic Chateau Laurier hotel, a building that…

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