Ottawa’s Real Estate Resale Market Heats Up As Summer Approaches

1,939 residential properties were sold in the month of May compared to 1,830 sold in May 2022.That’s a increase of 6%.

“Typically the highest-selling month, May’s transactions did not disappoint,” says Ken Dekker, Ottawa Real Estate Board President. “This month we saw the first year-over-year unit sales volume increase since February 2022. It is a promising year for sellers barring any interest rate adjustments, as we saw a correlated drop in sales every time there was an interest rate hike in 2022.”

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 May 2023 Ottawa Real Estate Market Numbers:
Chairman's Team Award


Chairman's Team Award & Platinum Status


Diamond Award Team


Platinum Status


2020 Chairmans Team


2017-2019 Platinum Club


2016 top 100 Club Team


2015 Executive Club Team