Housing starts in Ontario have increased to 205,925 units according to the latest report published by CMHC (Canadian Mortgage and Housing Corporation).

Economist had expected 200,000 units start in October but we saw an additional 5,925 units. The largest increase in housing starts was in the urban core which climbed 8.6% in October 2018 compared to the same period last year.

Single family urban starts have fallen as land increases in price builders are choosing to built condominiums, apartmen...

The new distribution centre in Ottawa's East end is now under construction. The builder Broccolini is building the largest warehouse in the Ottawa area. The warehouse will be over a million square foot.

The goal is to have the facility built for the 2019 Christmas season which is a busy time for Amazon. The facility will be creating over 600 middle-class jobs for Canadians.

If you are looking at real estate in Ottawa's east end be sure to visit properties nearby the Amazon Distribution Centre...

Ottawa's summer is coming to an end and this means students from Ottawa's Universities and Colleges are back in Ottawa looking for apartments for the school year to come.

Those who were able to secure apartments before the summer started are feeling a sigh of relief as they will not have to compete with those looking for spaces for September 1st. The latest CMHC data from October 2017 shows Ottawa's vacancy rate at 1.7%. Average rent for the City at that time was $1,136.

According to PadMapp...

Ottawa's real estate market is seeing good growth this summer according to recent Ottawa Real Estate Board's news release. The neighbourhoods South and West of Ottawa have seen the biggest amount of activity. Buyers tend to favour less expensive neighbourhoods of the City compared to the hot and more central neighbourhoods such as Westboro and New Edinburgh and the stretch along Carling up to the new DND Campus.

The benchmark price for single family homes rose to $428,800 in July which is an in...