06/04/2026
Market Update: Seasonal activity improves as Ottawa remains balanced
Ottawa’s housing market continued its seasonal rebound in May, with sales activity improving month over month after a slower start to the year. While demand remains below long-term averages, the market is showing steady signs of spring momentum.
Inventory continues to rise, giving buyers more choice and flexibility, while homes are taking slightly longer to sell in a more cautious and measured environment. Prices remain relatively stable, with no significant shifts across most segments.
Overall, Ottawa remains in balanced territory, with gradual rather than dramatic change as we move through the spring market.
Whether you’re buying or selling, staying informed can help you make confident decisions in today’s market. 🏡