TL;DR Real Estate Market Analysis in May Ottawa’s housing market remained firmly in balanced territory throughout May. Activity demonstrated a typical seasonal lift as the spring market progressed, with total sales jumping from 1,336 in April to 1,616 in May. However, a persistent theme for 2026 is that sales continue to trail last year’s stronger […]
TL;DR Real Estate Market Analysis in April Ottawa’s housing market continued its seasonal rebound in April, with transaction activity picking up notably month-over-month following a slower winter period. While the broader Canadian economic backdrop remains mixed—prompting the Canadian Real Estate Association (CREA) to temper national expectations for sales and price growth—Ottawa is demonstrating characteristic stability. […]
TL;DR Real Estate Market Analysis in March The Ottawa residential market in March 2026 is characterized by a notable increase in supply alongside a cooling in total sales activity. While the spring market typically brings a surge in new listings, the 7.5% year-over-year increase in new inventory has outpaced demand, pushing the total number of […]
TL;DR Real Estate Market Analysis in February The Ottawa residential market remained in a subdued state throughout February, characterized by a typical winter slowdown that kept transaction volumes well below historical averages. However, the narrative for February is one of transition rather than stagnation. While headline sales numbers are down compared to last year, the […]
TL;DR Real Estate Market Analysis in January The Ottawa residential market began 2026 in a state of healthy adjustment. January’s data illustrates a market operating more evenly, moving away from the high-pressure conditions of previous years toward a more sustainable equilibrium. While inventory levels remain elevated relative to recent seasonal norms, the growth of new […]
TL;DR Real Estate Market Analysis in December Ottawa’s housing market concluded 2025 on a note of stability, characterized by a typical seasonal slowdown in activity. December sales softened, reinforcing the cautious tone that had emerged throughout the fall. Despite a quiet finish to the year, the annual data paints a picture of resilience; total sales […]
Here are the November 2025 numbers: Here are the November 2025 sales numbers: Information from OREB.
Here are the October 2025 numbers: “Ottawa’s market continues to demonstrate balance and resilience,” said OREB President Paul Czan. “We’re seeing modest growth in sales activity, stable pricing, and a seasonal easing of elevated inventory levels. The recent rate adjustments provide optimism for the coming months, but economic uncertainty looms, and buyers and sellers remain […]
Here are the September 2025 numbers: “September reinforced Ottawa’s resilience, with sales nearly 2.4% higher than last year, and prices are holding steady despite more listings coming to market,” said Paul Czan, OREB President. “When you peel back the layers, you see that townhomes are driving stability while single-family homes are easing. And while Ottawa’s […]
Here are the August 2025 numbers: “August was an active month for Ottawa’s housing market, with overall prices trending upward and sales activity stronger than in recent years as the summer season winds down,” said Tami Eades, OREB President-Elect. “While we continue to see different price movements across segments, the broader picture points to renewed […]