Ottawa’s housing market continues to demonstrate steady demand, moderate price growth, and a healthy level of supply—even as other markets experience increased volatility. Nevertheless, it is important to keep an eye on what is happening across the province. Some...
Latest Ottawa News
June Housing Market Posts Annual Gain Despite Summer Slowdown
A total of 1,602 homes were sold through the MLS® System of the Ottawa Real Estate Board (OREB) in June 2025. This marks an 11.34% decrease from the previous month, but a more modest 10.6% increase compared to June 2024 and sits 3.8% above the five-year average.*...
Momentum Builds in Ottawa’s Housing Market Amid Greater Certainty
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,306 units in April 2025. This represented an 18.4% increase from March 2025, but an 11.2% decline from April 2024. Home sales were 17.6% below the five-year average and...
Momentum Builds
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,103 units in March 2025. This represented a 6.2% decline from March 2024. Home sales were 24% below the five-year average and 19.3% below the 10-year average for the...
Ottawa Real Estate Market Holds Steady Amid Changing Conditions
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 809 units in February 2025. This represented a 10.2% decline from February 2024. Home sales were 19.1% below the five-year average and 15.4% below the 10-year average for...
Ottawa’s Market Warms Up with More Listings and Cautious Buyers
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 617 units in January 2025. This was a 4.2% decrease from January 2024. Home sales were 13% below the five-year average and 9.6% below the 10-year average for the month of...
Ottawa’s MLS® December Market Closes Year with Optimism
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 613 units in December 2024. This was a 7.9% increase from December 2023. Home sales were 6.8% below the five-year average and 2.7% below the 10-year average for the month...
Ottawa’s MLS® Market Making Headway
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,059 units in November 2024 — a slight dip down from the 1,179 units sold the month previous. Home sales were 3.1% below the five-year average and 0.5% below the 10-year...
Consumer Confidence Cautiously on the Rise in Ottawa Resale Market
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,179 units in October 2024 — an increase over the 1,047 units sold last month. Home sales were 3.9% below the five-year average and 0.9% below the 10-year average for the...
Ottawa’s MLS® Home Sales Healthy Amid a Shifting Market
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,047 units in September 2024. This was an 11.4% increase from September 2023. Home sales were 17.4% below the five-year average and 15.4% below the 10-year average for the...
Ottawa’s Hot Summer Market Expected to Extend into Fall
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,100 units in August 2024. This was a 10.2% increase from August 2023. Home sales were 11.4% below the five-year average and 14.1% below the 10-year average for the month...
Ottawa’s MLS® Market Gains Momentum Heading into Summer
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,241 units in July 2024. This was a 13.6% increase from July 2023. Home sales were 7.1% below the five-year average and 8.8% below the 10-year average for the month of...
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