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Ottawa Real Estate Board Market Update for June 2025

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.*

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Testimonial — far exceeded our expectations

“We have nothing but the highest of praise for Dan Moloughney in the recent sale of our home. He had come highly recommended by our daughter and far exceeded our expectations. To sell a house in the disquieting times that we now face was a worrisome challenge. Right from the start, Dan put our concerns at ease, guiding us through the language and the process, asking the right questions to ensure we put forward the best “product”, and also ensuring a carefully planned promotion process (inspections, publicity, and coordination to meet the unexpectedly high interest) to make that sale a reality. Dan priced the house at what he felt was its correct market value, although we were a bit surprised as it was higher than what we had anticipated. The fact that we received five offers over asking, the winning bid $77,000 over asking, speaks for itself. It was a great pleasure working with Dan and we cannot recommend him highly enough. ”

L&R Vanderloo

Testimonial — Valuable Advice during Negotiations

“It has been a pleasure working with Dan through the process of selling my townhouse in the Ottawa west end. He marketed my house very actively and efficiently and I feel I was able to sell at a good price. Dan always communicated proactively with me albeit a six-hour time difference – I live in Europe now. In particular I appreciated his valuable advice during the negotiation phase when we evaluated incoming offers and decided on our next steps. If you are in the maarket for a good agent – look no further!”

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Testimonial — Professional & Helpful

“We would highly recommend Dan to anyone buying or selling a home in Ottawa. He is professional, helpful and keeps his client’s requirements topmost in his mind.”

J.J.

Testimonial — Provided Great Guidance

“It was a pleasure working with Dan for the purchase of our first home. He was quick at responding to all of our questions, and he provided great guidance through the home buying process. When visiting homes, he helped us narrow down our search criteria by pointing out things to consider that we would not have otherwise thought of. He is very knowledgeable and invested so much time into helping us gather all the information we needed to make a decision on a home. We highly recommend Dan!”

Laura & David

Happy couple buying a house in Ottawa.

Buying a House in Ottawa: 8 Essential Tips

Why Home Inspections Matter When Buying a Home in Ottawa

Buying a house in Ottawa is an exciting milestone, but it can also feel overwhelming. Home inspections are crucial for uncovering potential issues that could lead to costly surprises. A knowledgeable realtor can recommend trusted inspectors and guide you through the inspection process, ensuring you understand any areas that need attention.

Their expertise not only helps you navigate inspections but also empowers you to make informed decisions throughout your home-buying journey, giving you confidence in your investment. Here are critical issues to evaluate when assessing a property, along with important neighborhood factors.

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OPINION: CMHC insurance has shifted from enabling homeownership to inflating prices

The Canada Mortgage and Housing Corporation (CMHC) mortgage loan insurance program is a government-backed initiative that allows homebuyers to purchase properties with less than a 20 per cent down payment.

Initially designed to help Canadians without significant savings enter the housing market, CMHC insurance has since become the single greatest catalyst of real estate demand in the federal government’s arsenal.

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