Ottawa’s Real Estate Market December Home Sales Close Out Year in Steady State

565 residential properties were sold in the month of December. This is a 7.6% increase compared to December 2022. 

“Ottawa’s resale market closed out the year in a steady, balanced state,” says OREB President Curtis Fillier. “This could be an early indication that consumer confidence is returning. We likely won’t see the full impact of rate stabilization until the second half of 2024, but December’s activity bodes well for a strong year ahead in Ottawa.”

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, www.oreb.ca
Here is a breakdown of December 2023 Ottawa Real Estate Market Numbers:
Chairman's Team Award

2023

Chairman's Team Award & Platinum Status

2022

Diamond Award Team

2021

Platinum Status

2020

2020 Chairmans Team

2020

2017-2019 Platinum Club

2017-2019

2016 top 100 Club Team

2016

2015 Executive Club Team

2015