First National saw revenue rise 29% in 2023 despite drop in residential mortgage volumes

Dominion Lending Centres tops B of funded volume in 2022

Houses for sale in Ottawa First National wrapped up a “successful” 2023 in spite of challenging economic conditions and a drop in its residential mortgage originations. Canada’s largest non-bank lender reported a 28% rise in net income in 2023, thanks to commercial mortgage volumes offsetting a decline in its residential mortgage originations. “Despite challenging market […]

Christina Giannone On Leading One Of The GTA’s Largest Developments

Christina Giannone On Leading One Of The GTA’s Largest Developments

[ad_1] Houses for sale in Ottawa As Vice President of Planning and Development for one of the largest ongoing real estate developments in the Greater Toronto Area, Christina Giannone is incredibly familiar with what it takes to actually get something built. But that wasn’t always her plan. Despite growing up in a family in the […]

Vancouver Davie & Nicola Project Site To Be Sold Over $37M Debt

Vancouver Davie & Nicola Project Site To Be Sold Over M Debt

[ad_1] Houses for sale in Ottawa The planned Davie & Nicola condo project set for the West End of Vancouver will not be getting off the ground anytime soon, as the development site has been listed for sale as part of a foreclosure proceeding, according to Supreme Court of British Columbia filings obtained by STOREYS. […]

A strong spring start in the GTA: Can the market survive without rate-cut optimism?

A strong spring start in the GTA: Can the market survive without rate-cut optimism?

Houses for sale in Ottawa In the ever-turbulent waters of the Greater Toronto Area (GTA) housing market, February 2024 emerged as a month where hope springs eternal for both buyers and sellers — or so the narrative goes.   Small sales and listings boost last month   According to the latest press release from the […]

Remembering Frances Blau: a trailblazer for women in Canada’s mortgage industry

Remembering Frances Blau: a trailblazer for women in Canada’s mortgage industry

Houses for sale in Ottawa Canada’s mortgage industry lost one if its great advocates, trailblazers and pioneers last week with the passing of Frances Blau. Described by friends and colleagues as professional, personable, knowledgeable, and a “force to be reckoned with,” Blau played a pivotal role growing the country’s broker channel into the robust industry […]

The Ultimate Guide to Buying Land for Sale in Canada

The Ultimate Guide to Buying Land for Sale in Canada

Buying land, like any significant purchase, can seem daunting if you’ve never done it before and don’t know the rules of the game. As a commercial real estate investment strategy, you can buy a plot during a dip and sell it when the market rebounds, hold it and hope for an even bigger pay-off further […]

Housing market this spring poised to be ‘very hot’ in Canada

Houses for sale in Ottawa THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, Victoria Wells and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles […]

Under Receivership, Scarborough Office Building Asks $39.5M

Under Receivership, Scarborough Office Building Asks .5M

[ad_1] Houses for sale in Ottawa A mid-rise office complex in Scarborough that was placed under receivership late last year is now on the market with a hefty price tag of $39.5M. Located at 55 Town Centre Court, just south of the Scarborough Town Centre mall, the eight-storey office building was placed under receivership in […]

Mortgage rates trending downward even after Bank of Canada snoozefest

Mortgage rates trending downward even after Bank of Canada snoozefest

Article content The lowest nationally advertised fixed rates fell again this week, right in time for the bustling spring housing market. For the first time since last June’s Bank of Canada rate hike, you can now fetch a five-year fixed for less than five per cent if uninsured and just 4.64 per cent if insured. […]

“Still too early” to start cutting rates, says BoC’s Macklem

BoC’s Macklem: Until inflation reaches 2%, “our job is not done”

Houses for sale in Ottawa Following today’s decision by the Bank of Canada to leave interest rates on hold, Governor Tiff Macklem said plainly that rate cuts aren’t yet on the table. “It’s still too early to consider lowering the policy interest rate,” he said in prepared remarks for today’s press conference. “Recent inflation data […]

Shaping the Future of Urban Development with Kim Petrin of the City of Edmonton

Shaping the Future of Urban Development with Kim Petrin of the City of Edmonton

Houses for sale in Ottawa On this episode of the Commercial Real Estate Podcast, hosts Adam Powadiuk and Aaron Cameron speak with Kim Petrin, Deputy City Manager of Urban Planning and Economy for the City of Edmonton. Topics covered include: Edmonton’s success in attracting industrial and logistics investment The future of development in Edmonton Automation […]

Ottawa’s MLS® Market Activity Shows Strong Start to the Year – Ottawa Real Estate Board

[ad_1] Houses for sale in Ottawa Ottawa’s MLS® Market Activity Shows Strong Start to the Year March 6, 2024 The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 886 units in February 2024. This was an increase of 15.2% from February 2023. Home sales were 13.8% below the […]