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Seasonal Activity Improves, but Ottawa’s May Market Remains Cautious
Market Overview Ottawa’s housing market remained balanced in May, with activity improving from April but continuing to trail last year’s spring pace. A total of 1,616 homes sold in May, up from 1,336 in April, reflecting the typical lift as the spring market progressed. However, sales were down 10.6% compared to May 2025. These slower
Industry News
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
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