CAPREIT is continuing to shift its focus and reposition its extensive apartment portfolio, announcing the sale of its non-managing 50 per cent interest in three apartment properties in Ottawa, comprising 1,150 units, for $136.25 million.
Today, we are seeing people being blocked out of the housing market by increasing home prices. Although two-thirds of Canadian households owned their home in 2021, the percentage of renters has increased over the past decade.
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