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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 month over month, months of inventory (MOI) rose again after tightening earlier in the fall. The market remained broadly balanced, but the
Industry News
OREB Statement on RECO Administrator Update Regarding iPro Realty Claims
OTTAWA – The Ottawa Real Estate Board (OREB) has consistently advocated for full compensation for REALTORS® impacted by the actions of iPro Realty and the mishandling of trust fund accounts. RECO’s province-appointed Administrator, Jean Lépine, confirmed in an update today that all affected consumers have now been fully reimbursed, and the insurer’s program manager has reviewed 1,000 of the 2,500 REALTOR® claims currently on file, and with
REALTORS Care® Foundation Grants
Every year, OREB Members raise funds for the Ontario REALTORS Care® Foundation to help shelter-related charities in the Ottawa area.
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