With a booming tech industry, increasing population density, low unemployment rates and major neighbourhood and infrastructure rejuvenation projects underway, Ottawa is Canada’s ripest city for investment. The city’s landscape is going through a metamorphosis with new high-rise condo developments, one of the country’s strongest startup and tech industries and a …
Read More »Foreign Condo Ownership Data shows strong growth and trends
Recent data released by the Canada Mortgage and Housing Corporation (CMHC), reveals foreign condo ownership in Canada has increased by over 49%. Comparing 2014’s numbers to 2015’s, we see an even greater contrast and a higher demand trend for condo ownership by foreign investors. CMHC’s survey asked condo boards …
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