CMHC’s 2025 Canada-wide rental market report crossed my screen last week, and I realised it has been quite a while since I’ve provided an update on Ottawa’s rental market. It has definitely changed over the past couple of years, and one of the big questions I asked myself many times during 2025 as I drove back and forth across the …
Ottawa House Prices by Neighbourhood With 2025 in the books, you’ll find articles in every corner of the Internet reviewing the performance of the real estate market compared to the previous year. Did prices go up or down? Were there more or fewer home sales? The Ottawa real estate board publishes its monthly statistical report and analysis, and in January …
Average Sale Price The average selling price of all single family residential properties in Ottawa through 2025 ranged from a low of $664,042 in December to a high of $745,423 in May. Taking the average selling price each individual month, and comparing to the same month the previous year (2024), the average monthly annual increase in average sale price was +2.5%. …
I’m writing this article as part of a bigger picture market update for the August 2024 edition of my newsletter, Ottawa Real Estate Monthly. Housing affordability is the topic of the times in Canada. Many people point to increasing demand due to population growth primarily driven by high levels of temporary and permanent newcomers to Canada, and the perception there …
Is there a condo crisis in Ottawa? The condominium apartment markets in Toronto and Vancouver have been playgrounds for foreign investment, domestic speculation, and retirement savings plan components for many years. Post-pandemic in particular, stories of decline have been swelling up and some say there is now an urban condominium crisis in Canada that is intertwined with pervasive concerns over …
A CTV News piece about the Hottest Ottawa Neighbourhoods and the Ottawa real estate market in July 2020 came to my attention this week. A local Realtor provided data and insights into prevailing conditions that continue to favour sellers. Here’s a link to the piece: CTV News Article & Video Reading through the article I could not help but cringe …
