Here are the June 2025 numbers:
- Total number of units sold: 1,602 – up 10.6% June 2024.
- Five-year average unit sales for June: up 3.8%.
“This was the busiest June we’ve seen in quite some time, with sales up 10.6% and new listings rising nearly 14% year over year, signifying we did, in fact, experience a delayed spring market,” says OREB President Paul Czan. “We’re seeing more inventory hit the market, giving buyers more choice. With the changing market conditions, sellers need to be future-focused—pricing thoughtfully and preparing their homes to be one of the top picks in their area.”
“Apartments are one segment that continues to feel the strain, with sales down about 20% across Ottawa and inventory building. There is a variety of compounding factors in play here including an increase in new construction, elevated financing costs and rising strata fees reducing affordability—especially for first-time buyers, but also, we’re seeing neighbourhood-specific factors impacting demand,” adds Czan. “Still, Ottawa remains a stable market. We’re getting back to familiar seasonal trends—where summer activity will pick up for families looking for a home prior to the school year, and with students returning to the city—a stronger fall is likely ahead.”
Here are the June 2025 sales numbers:
- Average sale price of homes sold: $723,152 – up 5.2% in June 2024.
- Benchmark single-family homes price: $707,600 – up 1.6% in June 2024
- Benchmark townhouse/row unit price: $467,900 – up 9.0% in June 2024.
- Benchmark apartment price: $411,500 – down 0.6% in June 2024.