Ottawa is selling homes fast – but building the wrong kind

Ottawa's new home sales rose 12.3% month-over-month, with 4,078 units sold year-to-date, a 53.8% increase from last year. Housing starts are up 14%, with 8,169 homes under construction. Most construction focuses on rentals, raising concerns about housing supply and affordability for ownership homes. Townhomes led sales at 44%. A plan to reduce development charges by 54% over three years aims to lower building costs.