Balanced Conditions Define Ottawa’s Housing Market in January
Market Overview
Ottawa’s residential market entered 2026 on a balanced footing. Inventory levels remain higher than in recent years, giving buyers more choice, while sellers
Ottawa Housing Market Closes 2025 on a Note of Stability
Ottawa’s housing market closed out the year with a typical December slowdown in activity.
Balanced but Softening Ottawa Housing Market Shifts Toward Higher Supply
Ottawa eased into a slower market rhythm in November, shaped by early winter weather and a cautious economic environment. Sales declined from October and fell below November 2024 levels. Although active listings dipped down month over month, months of inventory (MOI) rose again after tightening earlier in the fall. The market remained broadly balanced, but the data shows a tilt toward higher supply, with November’s seasonal slowdown more pronounced than usual.
“We first reached out to Dan in 2019 because he came highly recommended from a coworker. He helped us look for a home, accompanying us to many showings and encouraging us when home after home went for hundreds of thousands more than the asking price. We were discouraged for a time, but when we reentered the market in 2024, we knew Dan was the correct choice for us.”
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Sales Rise as Inventory Levels Ease in October
Ottawa’s market continues to be resilient despite broader concerns about economic uncertainty. In October, Ottawa’s housing market experienced a modest, seasonal increase in sales activity accompanied by a reduction in the elevated inventory levels seen in recent months. This points to a stable yet cautious phase for the region as we move into the typically slower winter season.
“Working with Dan to sell our house was an absolutely fantastic experience from start to finish. From the moment we sat with Dan we knew we were in great hands. Dan’s knowledge of the market, attention to detail, and genuine care for us and our home truly set him apart.”
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“Dan is a pleasure to work with. He’s knowledgeable, easygoing, and flexible with time. My partner and I had a great time looking at different properties across Ottawa.
Thanks to Dan’s expertise and easygoing nature, we’ve found the perfect place and are counting down the days until we get our keys!”
Jennifer & Joulian
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“In the spring of 2025 I decided to downsize. An emotional decision because I loved my house and the area but the space was far more than I needed. I chose to sell my house first and with a fairly tight timeline.
I knew I would choose Dan as my realtor again because he is responsive, honest and results oriented.
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Inventory Builds but Demand Remains Resilient Heading into Fall
Ottawa’s housing market in September demonstrated a continuation of late-summer seasonal trends, with sales activity easing slightly while inventory levels continued to climb. A total of 1,089 homes sold in September, down from 1,236 in August and 1,318 in July. This three-month trend of softer sales is not unusual as the spring peak transitions into the quieter summer months.
“Dan was remarkable throughout the entire house search and purchase experience. He started with determining what we are looking for. Over the course of the search, he was patient, understanding that we will need to see a variety of places to establish our final list of wants and needs, and was both courteous but honest when he thought something was not a good value. Note that Dan is very knowledgeable about house construction through the decades, as well as different areas within and around Ottawa. He is also very pragmatic and shrewd when it comes to reading the market.
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