News Releases

May

13

2025

Cabinet Changes in the Minister of Housing, Infrastructure and Communities

Ottawa, May 13, 2025 – The Ottawa Real Estate Board (OREB) extends its sincere gratitude to outgoing Minister of Housing, Infrastructure and Communities, the Honourable Nathaniel Erskine-Smith, for his dedicated service and commitment to addressing Canada’s housing challenges.  We congratulate and welcome The Honourable Gregor Robertson in his new role as Minister of Housing and Infrastructure

May

12

2025

Protect Ontario by Building Faster and Smarter Act, 2025

OTTAWA, May 12, 2025 – Housing must be a cornerstone of Ontario’s strategy to remain competitive and resilient in the face of global economic disruption. With the introduction of the Protect Ontario by Building Faster and Smarter Act, 2025, the province is taking meaningful steps to get more homes built and protect the dream of home ownership

May

6

2025

Momentum Builds in Ottawa’s Housing Market Amid Greater Certainty

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,306 units in April 2025. This represented an 18.4% increase from March 2025, but an 11.2% decline from April 2024. Home sales were 17.6% below the five-year average and 16.2% below the 10-year average for the month of

Apr

29

2025

OREB Congratulates Prime Minister Mark Carney and Calls for Action on Housing Affordability

On behalf of more than 4,000 REALTOR® Members, the Ottawa Real Estate Board (OREB) congratulates Prime Minister Mark Carney on his election victory. We also extend our gratitude to Pierre Poilievre, Jagmeet Singh, and all candidates across party lines for their dedication and willingness to serve Canadians through public office.   To the candidates in the

Apr

7

2025

Ottawa Housing Market Shows Stability as Spring Momentum Builds

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,103 units in March 2025. This represented a 6.2% decline from March 2024.  Home sales were 24% below the five-year average and 19.3% below the 10-year average for the month of March. “The Ottawa housing market in March

Apr

2

2025

Ottawa Real Estate Board’s Statement on the 2025 Federal Election

The 2025 federal election comes at a time of profound economic uncertainty. Global trade disruptions, rising inflation, and the looming threat of renewed U.S. tariffs have put pressure on Canada’s economic resilience. Amid these challenges, there is no path to long-term economic stability without tackling Canada and Ottawa’s housing affordability and supply crisis.  The Ottawa

Mar

10

2025

Ottawa Real Estate Market Holds Steady Amid Changing Conditions

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 809 units in February 2025. This represented a 10.2% decline from February 2024. Home sales were 19.1% below the five-year average and 15.4% below the 10-year average for the month of February. “Ottawa’s sales activity moderated while prices

Feb

7

2025

Ottawa’s Market Warms Up with More Listings and Cautious Buyers

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 617 units in January 2025. This was a 4.2% decrease from January 2024.     Home sales were 13% below the five-year average and 9.6% below the 10-year average for the month of January.  “Ottawa’s market is seeing increased activity

Jan

10

2025

Ottawa’s MLS® December Market Closes Year with Optimism

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 613 units in December 2024. This was a 7.9% increase from December 2023.   Home sales were 6.8% below the five-year average and 2.7% below the 10-year average for the month of December. On a year-to-date basis, home sales

Dec

9

2024

Ottawa’s MLS® Market Making Headway

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 1,059 units in November 2024 — a slight dip down from the 1,179 units sold the month previous.  Home sales were 3.1% below the five-year average and 0.5% below the 10-year average for the month of November.  On