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Ottawa Home Sales Pull Back Sharply in August While Prices Hold Steady

Market Overview Ottawa’s housing market lost momentum in August. Sales declined sharply both year over year and from the previous month, reversing July’s incremental improvement and widening the year-to-date gap compared with 2025. The slowdown was not driven by a new influx of supply. New listings and active listings both declined from July, but sales

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OREB Responds to Federal GST Rebate for First-Time Home Buyers

Ottawa, ON – The Ottawa Real Estate Board (OREB) acknowledges that Bill C-4, the Making Life More Affordable for Canadians Act, has received Royal Assent, bringing into law key affordability measures, including a GST rebate for first-time home buyers. The measure removes GST on new homes up to $1 million for first-time buyers and reduces