Ottawa Business Journal - Real Estate - Residential  

Extendicare REIT reports $49M Q1 profit

Extendicare Real Estate Investment Trust (TSX:EXE.UN) said Tuesday it has received 97.7 per cent unitholder support to convert from an income trust to a corporation.

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  • Ottawa resales up 13% in March

    April 4, 2012 - 13 h 25

    Ottawa Real Estate Board members have sold almost 13 per cent more houses and condominiums year-over-year since last March, according to numbers released Wednesday.

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  • Ottawa housing starts up 6% in February

    March 8, 2012 - 8 h 45

    Rowhouse starts were the engine behind a 5.7-per-cent rise in overall Ottawa housing starts in February, according to the Canada Mortgage and Housing Corp.

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  • Ottawa resales up 7% in February

    March 6, 2012 - 10 h 18

    Ottawa Real Estate Board members sold 1,009 houses and condominiums in February, an increase of 7.3 per cent over last year.

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  • Condo surge leads Ottawa housing starts

    February 8, 2012 - 9 h 20

    A more than four-fold increase in apartment-style housing starts boosted the overall numbers year-over-year in January, according to the Canada Mortgage and Housing Corp.

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  • Home prices up 5.6% in January

    February 6, 2012 - 14 h 28

    Local home prices continued to outstrip the rate of inflation last month as the average residential resale price climbed 5.6 per cent to hit $349,415, according to the local real estate board.

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  • Townhouse starts increase 102% in December

    January 10, 2012 - 8 h 40

    Ottawa's housing market saw the number of row housing starts more than double year-over-year in December, while the overall market grew by four per cent.

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  • Housing resales up 13% in December

    January 5, 2012 - 11 h 15

    Ottawa Real Estate Board members saw a 13-per-cent increase in resales in December, capping a year where annual sales slightly rose.

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  • Residential vacancy falls to 1.4%

    December 13, 2011 - 12 h 15

    Ottawa's residential declined by 20 basis points year-over-year to 1.4 per cent in October, according to the Canada Mortgage and Housing Corp.

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  • Ottawa housing starts drop 40%

    December 8, 2011 - 10 h 00

    Local housing starts fell more than 40 per cent year-over-year in November, according to the Canada Mortgage and Housing Corp.

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  • SoBa passes planning committee

    December 5, 2011 - 12 h 31

    A high-rise tower at Catherine and Bank streets got approval from the city's planning committee Monday.

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