May MLS® Home Sales in Ottawa Smooth and Cautious
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,545 units in May 2024. This was a decrease of 9.2% from May 2023.
Ottawa was the first city in Canada to declare a housing and homelessness emergency. Despite chronic affordability and supply issues, Ottawa’s city council is proposing an ill-timed and counterproductive increase in development charges.
in News
Modest Gains Across Ottawa’s MLS® Market a Sign of Shared Confidence
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,456 units in April 2024. This was an increase of 8.9% from April 2023.
| Ottawa MLS® Market Shows Early Signs of a Buzzing Spring Market |
| The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 1,165 units in March 2024. This was an increase of 10% from March 2023.
Home sales were 21.5% below the five-year average and 15% below the 10-year average for the month of March. On a year-to-date basis, home sales totaled 2,678 units over the first three months of the year — an increase of 13.1% from the same period in 2023. |
The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 886 units in February 2024. This was an increase of 15.2% from February 2023.
