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Ottawa Housing Market Closes 2025 on a Note of Stability

Ottawa’s housing market closed out the year with a typical December slowdown in activity. Sales softened further, reinforcing the cautious tone that emerged this fall. Inventory levels declined, while prices remained broadly stable. Despite a quiet finish in November and December, annual sales in 2025 ended 1.3% higher than in 2024 by total sales, and

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