Monica & Chris Hollands' Home Trends

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Chris Direct: 613.797.3977

Signs of Growth Amid Ottawa’s Steady Housing Market

BENCHMARK PRICE Single Family $704,800

BENCHMARK PRICE Apartment $411,900

SOLD LISTINGS Overall 1,318

NEW LISTINGS Overall 2,549

OTTAWA, August 7, 2025 — Ottawa’s housing market continues to demonstrate steady demand, moderate price growth, and a healthy level of supply— even as other markets experience increased volatility. “While we’ve seen demand may be softening in the condo market, especially in the downtown core, as a whole, Ottawa’s real estate market continues to stand out for its resilience and stability," says Paul Czan, President of the Ottawa Real Estate Board (OREB). As for prices, the MLS® Home Price Index (HPI) composite benchmark price in Ottawa was $633,100 in July, a modest 1.9% increase year-over-year. The benchmark price for single-family homes was $704,800, up 2% year-over-year. By comparison the benchmark price for townhouse/ row units was $468,000, an 8.3% increase from 2024. There were 2,549 new residential listings in July 2025. Months of inventory rose slightly to 3.2 months. Source: Ottawa Real Estate Board | Market values stated are of the average of Ottawa and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

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