Kanata Real Estate Listings.com

Ottawa housing starts down 57% in Februrary

New construction in Ottawa fell 57% in February due to the economic downturn. The Canada Mortgage and Housing Corp. stated that work was started on 137 units this year compared with 317 units in February 2008. There were no construction starts in apartment Read More...

Expect Housing Starts to drop by 24% in 2009

By Garry Marr, Financial Post with files from Bert Hill Canada Mortgage and Housing Corp. says the downturn in the economy will drive home construction to a nine-year low in 2009, a marked decline from the Crown corporation's November forecast. But Read More...

Ottawa housing starts fall 18% in January

Another good article by Bert Hill of the Ottawa Citizen Ottawa housing construction starts fell 18 per cent in January as contractors cut back in the face of a troubled economy. Canada Mortgage and Housing Corp. said Monday there was a significant decline Read More...