News Releases
Consumer Confidence Cautiously on the Rise in Ottawa Resale Market
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,179 units in October 2024 — an increase over the 1,047 units sold last month. Home sales were 3.9% below the five-year average and 0.9% below the 10-year average for the month of October. On a year-to-date basis,
Ottawa’s MLS® Home Sales Healthy Amid a Shifting Market
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,047 units in September 2024. This was an 11.4% increase from September 2023. Home sales were 17.4% below the five-year average and 15.4% below the 10-year average for the month of September. On a year-to-date basis,
Ottawa’s Hot Summer Market Expected to Extend into Fall
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. Home sales were 11.4% below the five-year average and 14.1% below the 10-year average for the month of August. On a year-to-date basis, home sales
Ottawa’s MLS® Market Gains Momentum Heading into Summer
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. Home sales were 7.1% below the five-year average and 8.8% below the 10-year average for the month of July. On a year-to-date basis, home sales
Ottawa’s MLS® Activity Builds After Recovering from Prior Slowdown
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,439 units in June 2024. This was a marginal increase of 0.1% from June 2023. Home sales were 7.5% below the five-year average and 13.2% below the 10-year average for the month of June. On a year-to-date basis,
May MLS® Home Sales in Ottawa Smooth and Cautious
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,545 units in May 2024. This was a decrease of 9.2% from May 2023. Home sales were 3.7% below the five-year average and 13.2% below the 10-year average for the month of May. On a year-to-date basis, home
Ottawa REALTORS® Welcome Ontario’s $9.5 Million Investment in Supportive Housing in Ottawa
The Ottawa Real Estate Board (OREB) commends the Government of Ontario for its $9.5 million investment to develop more than 100 supportive housing units in Ottawa.
Ottawa REALTORS® Oppose Counterproductive City of Ottawa Development Charge Hike
Ottawa was the first city in Canada to declare a housing and homelessness emergency. Despite chronic affordability and supply issues, Ottawa’s city council is proposing an ill-timed and counterproductive increase in development charges. The Ottawa Real Estate Board (OREB) strongly opposes the proposed increase and wants the city to reconsider a move that threatens to
Modest Gains Across Ottawa’s MLS® Market a Sign of Shared Confidence
The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,456 units in April 2024. This was an increase of 8.9% from April 2023. Home sales were 2% below the five-year average and 6.9% below the 10-year average for the month of April. On a year-to-date basis, home
Ottawa MLS® Market Shows Early Signs of a Buzzing Spring Market
The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 1,165 units in March 2024. This was an increase of 10% from March 2023. Home sales were 21.5% below the five-year average and 15% below the 10-year average for the month of March.
