The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 886 units in February 2024. This was an increase of 15.2% from February 2023. Home sales were 13.8% below the five-year average and 5.7% below the 10-year average for the month of...
Latest Ottawa News
Ottawa’s MLS® Market Thawed in January but Sales Still Slow
The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 629 units in January 2024. This was an increase of 16.5% from January 2023. Home sales were 10.7% below the five-year average and 3.9% below the 10-year average for the month of...
Ottawa MLS® December Home Sales Close Out Year in Steady State
The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 565 units in December 2023. This was an increase of 7.6% from December 2022. Home sales were 16% below the five-year average and 11.9% below the 10-year average for the month of...
Ottawa MLS® Home Sales Stable in November Amid Growing Supply
The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 724 units in November 2023. This was a small reduction of 1.6% from November 2022. Home sales were 31.8% below the five-year average and 27.4% below the 10-year average for the...
Ottawa MLS® October Home Sales Show Typical Lull
The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 816 units in October 2023. This was a small reduction of 2.7% from October 2022. Home sales were 36.4% below the five-year average and 30.8% below the 10-year average for the...
Ottawa MLS® Home Sales Hold Steady in Lackluster September
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 946 units in September 2023. This was unchanged from September 2022. Home sales were 29.6% below the five-year average and 23.6% below the 10-year average for the month of...
Ottawa resale market heats up in May
Sales increase for the first time since February 2022 Members of the Ottawa Real Estate Board (OREB) sold 1,939 residential properties in May through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,830 in May 2022, an increase of 6%. May’s sales...
Resale Market Springs Back in Favour of Sellers
Members of the Ottawa Real Estate Board (OREB) sold 1,488 residential properties in April through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,876 in April 2022, a decrease of 21%. April’s sales included 1,156 in the freehold-property class,...
March Resales: Signs of Spring Surge Sprouting
Members of the Ottawa Real Estate Board (OREB) sold 1,194 residential properties in March through the Board’s Multiple Listing Service® (MLS®) System, compared with 2,003 in March 2022, a decrease of 40%. March’s sales included 893 in the freehold-property class, down...
Resale Market Stabilizes in February with a Glimmer of Hope for Buyers and Sellers Alike!
Members of the Ottawa Real Estate Board (OREB) sold 855 residential properties in February through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,411 in February 2022, a decrease of 39%. February’s sales included 633 in the freehold-property...
Resale Market Starts Slow as Buyers Remain Cautious
Members of the Ottawa Real Estate Board (OREB) sold 606 residential properties in January through the Board’s Multiple Listing Service® (MLS®) System, compared with 933 in January 2022, a decrease of 35%. January’s sales included 460 in the freehold-property class,...
Quiet December Caps Off Tumultuous Year
Members of the Ottawa Real Estate Board (OREB) sold 601 residential properties in December through the Board’s Multiple Listing Service® (MLS®) System, compared with 857 in December 2021, a decrease of 30%. December’s sales included 466 in the residential-property...
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