08/19/2026
July was a strong month for Ottawa real estate.
We saw 1,325 homes sold across the Ottawa market in July.
Yes, sales were down about 12% from June BUT, that’s actually a stronger result than it might sound.
Over the past decade, the typical June-to-July drop has been around 20%, meaning July’s activity held up surprisingly well.
It felt more like a late-spring market carrying into summer than a typical summer slowdown.
And the numbers get even more interesting when we look at property types:
Single-family homes: +5% year-over-year, with 714 sales
Townhomes: 417 sales, down 4.1%
Apartments/condos: 169 sales, down 6.6%, the largest decline among the major property types
The distribution of sales is telling us something important: Ottawa’s market isn’t moving as one market.
Single-family homes are showing more resilience, while the apartment/condo segment continues to face softer conditions.
Overall, though?
July was a resilient month for Ottawa real estate.
The question now is whether that momentum carries into the fall.
davidoikle.ca/contact