Here are the July 2025 numbers:
- Total number of units sold: 1,318 – up 10.6% from July 2024.
- Five-year average unit sales for July: up 3.8%.
“While we’ve seen demand may be softening in the condo market, especially in the downtown core, as a whole, Ottawa’s real estate market continues to stand out for its resilience and stability,” says Paul Czan, President of the Ottawa Real Estate Board (OREB). “With steady demand, balanced inventory, and moderate price growth, our fundamentals remain strong. We’re keeping a close eye on changing dynamics, and we’ll continue monitoring the data and providing transparent insights to help our Members and the public navigate with confidence.”
Here are the July 2025 sales numbers:
- Average sale price of homes sold: $695,209 – up 2.2% from July 2024.
- Benchmark single-family homes price: $704,800 – up 2.0% from July 2024
- Benchmark townhouse/row unit price: $468,000 – up 8.3% from July 2024.
- Benchmark apartment price: $411,900 – down 1.6% from July 2024.