Housing starts in the nation’s capital have increased in leaps and bounds within the last 6 months. New construction activity has been popping up everywhere, and the numbers don’t seem to be slowing down. The Canada Mortgage and Housing Corporation (CMHC) reported that this November was the first time that housing starts showed a significant […]
Archives: December 2009
Top Things to Do in Ottawa
We may concentrate on getting you the most up-to-date real estate information in Ottawa, but we also want to let you know how many great things there are to do in the wonderful town. OttawaMove.com has compiled a list of our favourite things to do below: 1. Notre Dame Cathedral Basilica: This beautiful church, which […]
Ottawa Builds Housing for Women
Some 42 new homes will be constructed for disadvantaged and homeless women starting this spring. The new affordable units will go up near Somerset Street and Booth Street. The housing complex, which is being funded with a $6 million grant, will be located at 314 Booth Street. It is being sponsored by community organization Cornerstone/Le […]
Home Resales Soaring in Canada
Although there are those industry experts that warn against consumer spending and predict that the recession is not quite over yet, the housing market seems to be paying no attention. The Canadian Real Estate Association (CREA) announced that home resales in Canada soared 73 per cent last month from last year; showing the resiliency of […]
More Condo Sales for Ottawa
Much in line with the Claridge Plaza condos, The Wellington at Island Park is yet another massively popular condo building that has emerged in Ottawa’s super cool Wellington Village neighbourhood. The condo units went on sale sometime last month around 6pm, and the 250-person line wrapped around the block. Some were there to put deposits […]
Neighbours Angry at Proposed Condo Building Development
In a densely built place like downtown Ottawa, room for new real estate development is practically impossible. Many of the new condominium buildings that are popping up around town are the result of a purchase-and-demolish practice that condo developers have to resort to because of the limited building space. The newest proposed condo building has […]
Home Bargain Days May Be Over in Ottawa
Throughout Canada, and even in Ottawa (where homebuyers are still getting outstanding deals compared to other cities in other provinces), there are signs that the bargain home prices may soon start a shift upwards. Now that the inventory is not as saturated as earlier in the year, and there are not as many homes to […]