Ottawa Real Estate Market-Signs Pointing to a Spring Bloom?

1,194 residential properties were sold in the month of March  compared to 2,003  sold in March 2022.That’s a decrease of 40%.

“The recent rise in transactions is a sign of typical spring activity, even if we’re behind the pandemic peaks of 2022. As spring unfolds, so too will a clearer picture of Ottawa’s balanced market state,” says Ottawa Real Estate Board President Ken Dekker.

Now is the BEST time to work with a realtor as we know the day-to-day variabilities Ottawa’s resale market is currently experiencing. Contact Ottawa’s Best Real Estate Agents Brooke & Jenna if you have any questions or for a free comprehensive comparative market analysis. We are always happy to help!
Source: Ottawa Real Estate Board,
Here is a breakdown of March 2023 Ottawa Real Estate Market Numbers: