04/16/2026
Royal LePages Q1 2026 Home Price and Market Forecast was just distributed this morning!
Here is a short summary of what this means for Ottawa.
Ottawa’s housing market saw a slower start to 2026, but early signs point to a strengthening spring market.
🏡 Prices remain relatively stable, with only slight year-over-year changes
📊 Buyer activity is picking up—especially in more affordable segments
⏳ Buyers are taking a more cautious, measured approach
📈 A modest price increase of ~2% is forecast by year-end
Overall, we’re seeing a balanced market with more inventory and opportunity for buyers, while sellers can still benefit from steady demand—especially at entry-level price points.
For more details see the full report or get in touch with me to discuss more details.
Canada’s housing market is starting to wake up this spring after a long winter that kept many buyers and sellers on the sidelines.🌷While economic uncertainty and global tensions are still weighing on consumer confidence, activity is beginning to pick up again.
📊 According to the latest Royal LePage Home Price Update, the national aggregate home price reached $812,900 in Q1 2026, down 2.0% year over year and flat quarter over quarter, reflecting a slower-than-usual start to the season.
🏡 More buyers are expected to return to the market this spring and summer, especially those looking to secure a home before their mortgage pre-approvals expire. At the same time, a more cautious pace is likely to keep both sales activity and price growth in check, supporting balanced conditions in several key markets.
🔍 Curious how your local housing market is performing? Read the full report on the Royal LePage blog.
https://blog.royallepage.ca/after-a-long-winter-canadas-spring-housing-market-starts-to-thaw-with-buyer-activity-on-the-rise/
