Ottawa Real Estate News
Ottawa
Canada Home Sales Dip 11 Percent Annually in 2023
Based on new data from the Canadian Real Estate Association, home sales activity rose 8.7% between November and December 2023, putting it on par with some of last year's relatively stronger months recorded over the spring and summer.
North American Multifamily Market Begins to Stabilize in Q1
Based on CBRE's latest research, the U.S. multifamily sector is beginning to stabilize as vacancy rate expansion and negative absorption ease -- trends that are expected to continue in 2023.
U.S. Tech Industry's Office Leasing Activity Slows to Lowest Levels in 5 Years
According to CBRE's annual Tech-30 report, the tech industry's share of U.S. office-leasing activity slipped in the first half of this year to its lowest share in five years.
Despite Covid, U.S. Commercial Investment Enjoyed Record $746 Billion in 2021
According to global property consultant CBRE, total U.S. commercial real estate investment volume of $296 billion in Q4 2021 brought the full-year total to $746 billion, both record levels.
