Ottawa Home Sales Hold Steady as New Listings Ease in July
Market Overview
Ottawa’s resale housing market remained steady in July. Sales were almost unchanged from a year earlier, while fewer new listings helped improve the balance between incoming supply and demand. Buyers continued to have more choice than in recent years, with conditions varying considerably by property type and neighbourhood.
The Ottawa Real Estate Board (OREB) reported 1,325 residential sales through the MLS® System, up 0.2% from July 2025. Sales fell 12.7% from June—a smaller seasonal decline than the 20.7% median June-to-July decrease over the previous decade.
Prices told a similarly measured story. The average sale price declined 1.6% year over year, but the median was unchanged and the composite benchmark moved only slightly. The mix of properties sold matters when interpreting the headline average.
