News Releases

Feb

6

2024

Ottawa’s MLS® Market Thawed in January but Sales Still Slow

The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 629 units in January 2024. This was an increase of 16.5% from January 2023. Home sales were 10.7% below the five-year average and 3.9% below the 10-year average for the month of January. “Ottawa’s market activity is seeing positive

Jan

4

2024

Ottawa MLS® December Home Sales Close Out Year in Steady State. Plus: Ottawa Real Estate Board’s New Leadership

The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 565 units in December 2023. This was an increase of 7.6% from December 2022. Home sales were 16% below the five-year average and 11.9% below the 10-year average for the month of December. On a year-to-date basis, home sales

Dec

5

2023

Ottawa MLS® Home Sales Stable in November Amid Growing Supply

The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 724 units in November 2023. This was a small reduction of 1.6% from November 2022. Home sales were 31.8% below the five-year average and 27.4% below the 10-year average for the month of November. On a year-to-date basis, home

Nov

7

2023

Ottawa MLS® October Home Sales Show Typical Lull

The number of homes sold through the MLS® System of the Ottawa Real Estate Board totaled 816 units in October 2023. This was a small reduction of 2.7% from October 2022. Home sales were 36.4% below the five-year average and 30.8% below the 10-year average for the month of October. On a year-to-date basis, home

Oct

6

2023

Ottawa MLS® Home Sales Hold Steady in Lackluster September

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 946 units in September 2023. This was unchanged from September 2022. Home sales were 29.6% below the five-year average and 23.6% below the 10-year average for the month of September. On a year-to-date basis, home sales totaled 9,889

Sep

8

2023

Ottawa Resale Market Stalls in August, Supply Challenges Persist

Members of the Ottawa Real Estate Board (OREB) sold 1,196 residential properties in August through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,130 in August 2022, an increase of 6%. August’s sales included 903 in the freehold-property class, up 7% from a year ago, and 293 in the condominium-property category, a 2% increase from August 2022. The five-year average for total unit sales in August is 1,525.

Aug

3

2023

Stabilized July Resale Market Showing Positive Price Gains

Members of the Ottawa Real Estate Board (OREB) sold 1,263 residential properties in July through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,102 in July 2022, an increase of 15%. July’s sales included 979 in the freehold-property class, up 18% from a year ago, and 284 in the condominium-property category, a 6% increase from July 2022. The five-year average for total unit sales in July is 1,621.

Jul

5

2023

June’s Resale Market Eases into Summer

Members of the Ottawa Real Estate Board (OREB) sold 1,658 residential properties in June through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,493 in June 2022, an increase of 11%. June’s sales included 1,234 in the freehold-property class, up 10% from a year ago, and 424 in the condominium-property category, a 16% increase from June 2022. The five-year average for total unit sales in June is 1,881.

Jun

28

2023

A Special Message from the Ottawa Real Estate Board: Promoting a more inclusive and accepting community

This message on behalf of the board of directors is to address the recent social media posts and discussions by members of the Ottawa Real Estate Board (OREB) promoting hateful thoughts against the LGBTQ2S+ community. Hate has no place in our community. OREB unequivocally and unapologetically condemns any message or behaviour of intolerance and divisiveness

Jun

5

2023

Ottawa resale market heats up in May

Members of the Ottawa Real Estate Board (OREB) sold 1,939 residential properties in May through the Board’s Multiple Listing Service® (MLS®) System, compared with 1,830 in May 2022, an increase of 6%. May’s sales included 1,477 in the freehold-property class, up 8% from a year ago, and 462 in the condominium-property category, a 1% increase from May 2022. The five-year average for total unit sales in May is 1,961.