News Releases
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
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
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
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
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.
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.
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.
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
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.
Unreserved.com Inc.’s legal action against OREB and Penny Torontow withdrawn
Ottawa — Unreserved.com Inc. and the Ottawa Real Estate Board (OREB) and Penny Torontow confirm that the legal action initiated by Unreserved.com Inc. against OREB and Ms. Torontow has been withdrawn to the mutual satisfaction of the parties on a no-costs/no-damages basis. As per the terms of the parties’ mutual release and agreement, OREB cannot provide
