In Riviera Towers — a beautifully renovated 19th-floor corner unit with breathtaking views of the Ottawa River and Parliament Hill 🌇

1,574 sq ft of turn-key living, sun-filled solarium, and an open balcony — all in the heart of Ottawa.

Enjoy resort-style amenities:
🏊 Indoor & outdoor pools
🎾 Tennis & pickleball courts
🏋️ Fully equipped gyms
🎱 Games & party rooms
🚲 Bike storage + workshop
🚗 Underground parking + car wash
🛡️ 24-hour security

Another incredible property locked in 🔒

Spring Market Heats Up with Rising Inventory & Stable Prices 🌷🏡

Let’s break it down in a simple, data-driven way 👇

🏠 Key Market Highlights (March 2026)

• Homes Sold: 1,075 ⬇️ (-4.7% YoY)

• Average Price: $692,584 ⬆️ (+0.9% YoY)

• New Listings: 2,452 ⬆️ (+7.5%)

• Active Listings: 3,578 ⬆️ (+10.3%)

🏡 Breakdown by Property Type

🏠 Single-Family Homes

• Average Price: $845,006

• Sales: 562

• Inventory: 3.0 months

🏘️ Townhomes

• Average Price: $562,513

• Sales: 344

• Inventory: 2.8 months

🏢 Apartments

• Average Price: $401,656

• Sales: 148

• Inventory: 5.5 months

📉 Sales vs Previous Years

• March 2026: 1,075

• March 2025: 1,128

• March 2024: 1,158

• March 2023: 1,072

📈 Inventory is Rising = More Buyer Choice

• Active listings: 3,578 (↑ 10.3%)

• Months of inventory: 3.3

💰 Prices Holding Strong (Despite More Supply)

Even with more listings:

• Average price ↑ 0.9% YoY

• Benchmark prices are rising month-over-month

📍 Final Thoughts

Ottawa’s real estate market in 2026 is all about balance ⚖️.  We’re seeing:

👉 Stable prices
👉 Rising inventory
👉 Gradual return of buyer confidence

📞 Thinking of Buying or Selling?

Now is a great time to plan your move. Whether you’re upgrading, investing, or buying your first home — strategy matters more than ever.

👉 Reach out today for a personalized market analysis 📊

Jai Patel,  Ottawa Realtor®   

613.404.8706