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Ottawa Real Estate Market Update | February 2025

March 12th, 2025
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 the month of February.“Ottawa’s sales activity moder ...

Ottawa Real Estate Market Update | January 2025

February 7th, 2025
Ottawa’s Market Warms Up with More Listings and Cautious BuyersThe 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 January.“Ottawa’s market is seeing increased activity as more list ...

Ottawa Real Estate Market Update | December 2024

January 17th, 2025
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 of December.On a year-to-date basis, home sales totaled 1 ...

Ottawa Real Estate Market Update | November 2024

December 12th, 2024
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 average for the month of November.On a year-to-date basis, home sales totaled 12,8 ...

Is your home winter ready?

November 7th, 2024
It’s that time of year again - Time to get your home ready for winter weather. Winter home maintenance is very important. Not only will it help keep your new home in the best possible shape, but it is a critical step in protecting your new home warranty. Please go through the checklist below to ensure your home is winter ready. □   Change furnace filter □   Clean HRV filter □   Tur ...

Ottawa Real Estate Market Update | October 2024

November 7th, 2024
Consumer Confidence Cautiously onthe 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 month of October.On a year-to-date basis, home sale ...

Ottawa Real Estate Market Update | September 2024

October 10th, 2024
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 month of September.On a year-to-date basis, home sales total ...

Ottawa Real Estate Market Update | August 2024

September 10th, 2024
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 of August.On a year-to-date basis, home sales totaled 9,444 u ...

Ottawa Real Estate Market Update | July 2024

August 24th, 2024
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 July.On a year-to-date basis, home sales totaled 8,349 units in ...

Ottawa Real Estate Market Update | June 2024

July 9th, 2024
Ottawa’s MLS® Activity BuildsAfter Recovering from Prior Slowdown The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,439 units in June 2024. This was a marginal increase of 0.1% from June 2023.Home sales were 7.5% below the five-year average and 13.2% below the 10-year average for the month of June.On a year-to-date basis, home sales t ...
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