Best place to live and work in Ottawa? It’s a tall claim, but Little Italy represents the very best of Ottawa– friendly people, trendy shops, great dining, old and new housing, highly accessible main thoroughfares… the list goes on and on.
While industry experts and housing reports have issued warning about household debt levels and the possibility of an impending housing bubble, Finance Minister, Jim Flaherty, stated that the federal government was making changes to make securing a mortgage more difficult. The rule tightening will require all borrowers to meet strict qualifications for a five-year fixed-rate […]
This month, Statistics Canada announced that the price of new homes in the Ottawa-Gatineau market increased more rapidly in December than any other city. The price of new houses in Ottawa-Gatineau rose faster in December than in other cities, Statistics Canada said Thursday. The increase of 0.8 per cent is double the average for country. […]
According to a survey released last month, the city of Vancouver is among the most unaffordable, or expensive, housing markets in the world. Montreal and Toronto are also up there, not trailing far behind Vancouver. Ottawa, however, has been able to maintain a “moderately affordable” market in comparison. The research, which was done in the […]
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 […]
The year-on-year housing prices in Ottawa-Gatineau increased 0.7 percent in September. The improved housing market gave local builders the confidence to raise their prices, according to Statistics Canada. The Ottawa area was one of few to display continued growth, and also showed year-on-year increases along with a faster growth rate than other Canadian markets. Overall, […]
Housing sales in Ottawa increased 24.7 percent in October, solidifying the market’s status after the turbulence of last year’s economic situation. This shows in the 13.6 percent jump in home prices over last year, bringing the average sale price to $318,655. Condominiums had the most demand, followed by bungalows and two-storey single-family homes, with 1,202 […]
Canada is a popular place for relocation with over a million immigrants coming to settle here over the past decade. Luckily, Canada has wonderful programs to help new residents get started in their new home, such as ScotiaBank’s StartRight Program. OttawaMove has put together some information on different types of houses found in Canada, as […]
Kemptville, a small town about 55km south of Ottawa, will be the new home to 136 condos built by the non-for-profit Options for Homes. The Toronto-based company plans to keep to its mission to sell standard homes at cost to those with low household incomes. The low-rise building project plans to construct the condos within […]
A new trend hitting new Ottawa-area homes is the “curve.” Curved walls, barrelled ceilings, and curved doors are among the new accents that home builders are using to fuel interest in their houses and floorplans. “We’re very happy with the way the curved-wall features turned out,” says Bill Land, owner of Edmonton-based Land-Kor Homes. They […]
