1,318 residential properties were sold in the month of July. This was an 4.9% increase from July 2024.
“While we’ve seen demand may be softening in the condo market, especially in the downtown core, as a whole, Ottawa’s real estate market continues to stand out for its resilience and stability,” says Paul Czan, President of the Ottawa Real Estate Board (OREB). “With steady demand, balanced inventory, and moderate price growth, our fundamentals remain strong. We’re keeping a close eye on changing dynamics, and we’ll continue monitoring the data and providing transparent insights to help our Members and the public navigate with confidence.”
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 July 2025 Ottawa Real Estate Market Numbers:
