Housing starts in Ottawa hit a new high in 2022 as surging demand for rental apartments and condos fuelled a construction boom in multi-residential properties, the Canada Mortgage and Housing Corp.
Rents have declined to a two-year low in Canada. The average asking rent for all residential properties in Canada declined 3.2 per cent year-over-year in September to $2,123, marking the 12th ...
The federal government is launching a $1.5-billion fund to acquire existing apartment buildings, in an effort to protect rental units and ensure they remain affordable. The Canada Rental Protection ...
A $763 million low-interest loan from the federal government will finance construction of two large rental towers and make ...