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.
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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.
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.
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.
Seasonal Inventory Growth Meets Steady Demand
Ottawa’s housing market in August 2025 offered buyers greater choice amid subtle signs of shifting dynamics. Last month, demand remained healthy, while supply continued to increase. Active listings climbed to 3,971, approximately 37% above the five-year August average.
Signs of Growth Amid Ottawa’s Steady Housing Market
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.
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.
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.
