Ottawa Real Estate is Steady as She Goes
June numbers are VERY SIMILAR to April and May after significant gains between December and March… Likely due to recent interest rate announcements

June numbers are VERY SIMILAR to April and May after significant gains between December and March… Likely due to recent interest rate announcements


Numbers are up slightly from February (good sign for Sellers!) but still down significantly from March 2022 (good sign for Buyers!). Welcome to a BALANCED MARKET in Ottawa!

Prices are on the rise but are still WAAAAAY off the peak from 2022. If you’re considering a move, now would be a great time to call!

Things were slow last month but prices are up from December 2022 – still lots of opportunities for buyers though and some homes are selling in multiple offer… We seem to be settling into a balanced market…
Members of the Ottawa Real Estate Board sold 1,080 residential properties in September through the Board’s Multiple Listing Service® System, compared with 1,601 in September 2021, a decrease of 33%. September’s sales included 816 in the residential-property class, down 34% from a year ago, and 264 in the condominium-property category, a decrease of 27% from…