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.
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.
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.
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,059 units in November 2024 — a slight dip down from the 1,179 units sold the month previous.
The recent announcement of expanded 30-year amortization and an increased insured mortgage cap in Ottawa has stirred considerable discussion in the real estate market. Set to take effect on December 15, 2024, these changes promise to reshape the landscape for potential homebuyers. Let’s examine the potential impacts of these new mortgage rules.
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,100 units in August 2024. This was a 10.2% increase from August 2023.
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,241 units in July 2024. This was a 13.6% increase from July 2023.