Home Trends From Sylvain Bourgon

Sylvain Bourgon

Balanced but Softening: Ottawa Housing Market Shifts Toward Higher Supply

AVERAGE PRICE Single Family $825,827

AVERAGE PRICE Apartment $N/A

SOLD LISTINGS Overall 880

NEW LISTINGS Overall 1,458

OTTAWA, December 9, 2025— 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 data shows a tilt toward higher supply, with November’s seasonal slowdown more pronounced than usual. Recent rate cuts offer some optimism for renewed buyer engagement through the typically quiet winter months, setting the stage for a steadier start to the new year and a more energized spring. At the same time, elevated inventory in the townhome and apartment segments warrants ongoing attention to ensure clients understand the current dynamics. 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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