Market Update

  • Housing starts slip back as multi-family units drag by Steve Randall

    Housing starts were lower in August with CMHC’s 6-month trend measure showing 195,640 units compared to 201,379 in July. However, the agency says that the overall supply remains higher in many areas

  • Home building permits show mixed intentions by Steve Randall

    The latest data on home building intentions show disparity between the two most common housing types with fewer single-family homes planned while multi-family units increased

  • Ottawa home sales reach new record by Steve Randall

    Home resales in Ottawa hit a new high in August with 1,484 properties sold through Ottawa Real Estate Board’s MLS. The figure represents a 16.3 per cent rise year-over-year and is more than 200 units above the 5-year average for August

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