Ottawa Housing Market Trends | Home Prices, Inventory & Property Type Breakdown

Ottawa’s housing market continued shifting toward a more balanced market in April 2026. Buyers have more inventory, homes are taking longer to sell, and prices remain relatively stable compared to last year.

Here’s how April 2026 compares to April 2025 👇

Overall Ottawa Market Snapshot 📍

Property Type Breakdown 🏘️

Detached Homes 🏠

➡️ Detached home prices remained relatively stable year over year.

Townhomes 🏘️

➡️ Townhomes saw a slight price correction while inventory improved.

Condos / Apartments 🏢

➡️ Condos remain the most buyer-friendly segment with the highest inventory levels.

Overall Benchmark Price 📈

Quick Takeaways 🔑

✅ More listings = more buyer choice
✅ Detached homes remain the most stable segment
✅ Townhomes are seeing softer pricing
✅ Condos have the most negotiating room
✅ Homes are taking longer to sell than last year

Thinking of buying or selling in Ottawa? Let’s connect 📩

Source: Ottawa Real Estate Board – April 2026 Market Report

Jai Patel

Ottawa Realtor®

613.404.8706

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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

A new policy announced by the provincial and federal governments will temporarily expand the HST rebate on new homes to all buyers —not just first-time buyers—for one year  (1st April 2026 to 31st March 2027).

This move could significantly reshape the real estate market across the province.

What Is the HST Rebate Expansion?

In Ontario, buyers of new construction homes pay 13% HST, but may qualify for rebates on both the federal and provincial portions.

• Federal rebate: 5% upto 50,000$ 

• Ontario rebate: 8% upto 80,000$

Combined, these rebates can significantly reduce the cost of buying a new home after legislation is passed.

👉 The key change:
This benefit is now available to ALL BUYERS (for a limited time), not just first-time purchasers.

Impact on New Construction Homes

Stronger Demand for New Builds

This incentive makes pre-construction and new inventory much more attractive:

• Lower upfront costs

• Better affordability

• Increased investor interest

Boost for Builders

Builders are expected to benefit from:

• Faster sales

• Reduced unsold inventory

• More project launches

Condo Market Revival

Struggling condo markets may see renewed demand as investors re-enter due to improved economics.

Who Benefits Most?

• Move-up buyers – now eligible for rebates

• Investors – improved returns on new builds

• First-time buyers – still benefit the most

Key Takeaway

This one-year policy creates a limited window of opportunity:

• ✅ New construction becomes significantly more attractive

• ⚠️ Resale properties face short-term pressure

• 📈 Builders gain momentum

Bottom line:
If you’re considering buying in Ontario, this could be one of the best opportunities in years to purchase a new home with major tax savings.

📩 Thinking of Buying a Preconstruction Home in Ottawa ?

Call Me for VIP Access to Builder Inventory & Exclusive Pricing.

👤 Jai Patel
📞 613-404-8706

📍 Ottawa Real Estate

Key Market Changes Compared to February 2025

Ottawa’s housing market in February 2026 showed slower sales but rising inventory compared with the same month last year. More homes on the market are giving buyers more choice and negotiating power, while prices remain relatively stable overall.

📊 Key Market Changes

📈 Market Trends by Property Type

February 2026 vs February 2025

🏠 Detached Homes (Single-Family)

🏘️ Townhouses (incl. condo towns)

🏢 Condo Apartments

📌 Market Summary

Comparing February 2026 vs February 2025:

🏠 Detached Homes: Stable pricing despite fewer sales
🏘️ Townhomes: Higher demand but prices adjusting downward
🏢 Condos: Lower demand with significantly higher inventory

Overall, Ottawa real estate is shifting toward balanced conditions, where buyers have more options and sellers must price homes competitively.

📩 Thinking of Buying or Selling in Ottawa?

Let’s talk about your options.

👤 Jai Patel
📞 613-404-8706

📍 Ottawa Real Estate

📌 Overall Market

🏠 Detached Homes

🏘️ Townhomes (Incl. Condo Towns)

🏢 Condos / Apartments

📞 Thinking of buying, selling, or need market insight? Contact me today.

👋 Jai Patel
📱 613-404-8706
🌐 jaipatelrealtor.ca

Ottawa is entering 2026 with major growth across housing, infrastructure, and community development. New projects are reshaping neighborhoods, boosting housing supply, and creating fresh opportunities for homebuyers, investors, and residents. Here’s a quick look at what’s new in Ottawa real estate this year.

🏡 New Housing Developments Across Ottawa

Ottawa is experiencing one of its strongest construction periods in years. Housing starts jumped significantly through 2025, and 2026 is continuing that momentum.

Key Highlights

• Major federal–city partnership to build up to 3,000 new housing units beginning in 2026.

• Increased focus on affordable and mixed-income developments across the city.

• More builders introducing townhome, condo, and mixed-use communities to meet rising demand.

These new projects are helping improve housing availability for first-time buyers, families, and investors.

🏘️ Major Residential Projects Underway

Several large-scale communities are already transforming Ottawa’s neighborhoods:

Gladstone Village

• Over 330 residential units

• Modern, transit-friendly, mixed-use community

• Includes EV charging, green features, and on-site amenities

More mid-rise and high-rise projects are planned throughout urban and suburban areas, especially along the O-Train corridors.

🧱 Affordable & Modular Housing Initiatives

Ottawa, Ontario, and Habitat for Humanity have partnered to bring more affordable options to families:

• 33 Modular Homes at 40 Beechcliffe Street

• Built on surplus city land

• Designed to support middle-income and first-time buyers

This project highlights Ottawa’s growing commitment to innovative, fast-build, and attainable housing.

🚆 Transit & Infrastructure Expansion

Infrastructure continues to be a major driver of growth in 2026.

What’s Coming

• Convent Glen O-Train Station scheduled to open in 2026 — improving access for Orléans residents.

• The City of Ottawa continues its annual plan of 600+ infrastructure projects, upgrading roads, bridges, utilities, and public facilities.

Improved transit and infrastructure often lead to increased neighborhood value and future development opportunities.

🏛️ Cultural & Civic Projects

Ottawa’s urban core is also evolving with new public spaces and institutions:

• Ādisōke — the new joint Ottawa Public Library & Library and Archives Canada — nearing completion

• Designed to become a major cultural landmark in the downtown district

These additions strengthen Ottawa’s appeal for residents and visitors, supporting surrounding real estate markets.

🏒 Future Vision: LeBreton Flats & New Arena District

Planning continues for a future NHL arena and entertainment district at LeBreton Flats. Once finalized, this redevelopment will include:

• Mixed-use residential towers

• Retail and entertainment spaces

• Public plazas and transit-integrated design

This is one of the most anticipated long-term projects in Ottawa.

✅ What This Means for Ottawa Buyers & Sellers

The 2026 development landscape points to a growing, modernizing city with more housing choice and improved amenities. For real estate clients, this means:

• More newly built homes coming to market

• Stronger neighborhood growth in transit-connected areas

• Opportunities for future value appreciation as infrastructure expands

Whether you’re buying, selling, or investing in Ottawa, these projects will shape the market throughout 2026 and beyond.

JAI PATEL REALTOR® 613.404.8706

📊✨ December 2025 Market Snapshot

• 🏠 Homes Sold: 587

• 🆕 New Listings: 644

• 📋 Active Listings: 2,544

• 💰 Avg. Sale Price: $658,943

• 🤝 Sale-to-List Price Ratio: 97.2%

• ⏳ Avg. Days on Market: 38 days

• 💵 Total Dollar Volume: $386.8M

🏘️🔍 Breakdown by Property Type

🏡 Single-Family Homes

• Sales: 271

• Avg Sale Price: $796,608 (⬇️ 2.1% YoY)

• Months of Inventory: 4.3

• Avg. Days on Market: 31 days

🏘️ Townhomes (incl. condo towns)

• Sales: 217

• Avg Sale Price: $548,745 (⬇️ 2.8% YoY)

• Months of Inventory: 2.8

• Avg. Days on Market: 35 days

🏢 Condos / Apartments

• Sales: 78

• Avg Sale Price: $401,465 (⬇️ 4.8% YoY)

• Months of Inventory: 7.9

• Avg. Days on Market: 50.5 days

📅 2025 Year-to-Date  (Ottawa)

• Homes Sold: 13,449  ( +1.3% vs 2024)

• Dollar Volume: $9.42B  ( +4.1% vs 2024)

• Avg Price (YTD): $700,349  ( +2.8%)

• Avg Months of Inventory: 3.2

🔮📉 What This Means Heading Into 2026

• 🛒 Buyers enjoy more listings, more time, and stronger negotiating power

• 🎯 Sellers must focus on pricing, presentation, and smart strategy

• 🏠 Market conditions vary by property type — not a one-size-fits-all market

• 📊 Expect modest ups and downs, not dramatic swings

📞🤔 Thinking of Buying or Selling?

Call me today & let’s build a strategy that fits today’s Ottawa market and your goals.

Jai Patel
REALTOR®
📱 613-404-8706

#OttawaRealEstate  #OttawaHousingMarket  #OttawaHomes
#RealEstateUpdate  #OntarioRealEstate
#OttawaRealtor  #MarketUpdate 
#HomeBuyers #HomeSellers #CondosOttawa

Ottawa’s market cooled in November ❄️ as demand eased and rising inventory gave buyers more options.

📉 Sales

• 880 homes sold (⬇️ from 1,177 in October)

• 18.2% ⬇️ fewer sold vs Nov 2024

• 2025 YTD sales: 13,075 (⬆️ 1.5% from last year) 

💰📈 Prices Holding Steady

• Average price: $680,496 (⬆️ 2% YoY)

• YTD average: $699,635 (⬆️ 3%)

• Single-family homes: $825,827 (⬆️ 4.8% YoY)

📦📊 More Inventory = More Choices

• Active listings: 3,721 (⬆️ 31% from 2024)

• Months of Inventory (MOI)
  🏠 Single-family: 4.0
  🏘️ Townhome: 3.1
  🏢 Condo/Apartment: 7.3

🧭💡 What This Means for Buyers & Sellers

👥 Buyers

✔ More selection
✔ Better negotiating power
✔ Good window before spring demand returns

🏷️ Sellers

✔ Single-family remains strong
✔ Townhomes + condos need strategic pricing
✔ Marketing matters more in a high-inventory market

⭐📌 Bottom Line

Ottawa remains a balanced market, but rising supply is creating softer conditions—especially for condos. With rate cuts slowly improving affordability, early 2026 is positioned for a steadier and more active start.

Thinking of buying or selling? Contact me today for a strategy that fits this market.

Jai Patel
REALTOR®
📞 613-404-8706

Ontario’s Bill 60 (Fighting Delays, Building Faster Act, 2025) introduces several major changes designed to reduce backlogs at the Landlord and Tenant Board (LTB) and speed up housing-related decisions.

🔑 Major Landlord–Tenant Changes Under Bill 60

1. Faster LTB Processing & Case Management

• New case-management tools intended to reduce hearing delays.

• Streamlined procedures to move cases through the system quicker.

• More digital options for document submission and scheduling.

• Goal: reduce months-long wait times for both landlords and tenants.

2. Revised Eviction & Notice Procedures

• Certain eviction notice timelines may be adjusted to support faster resolution.

• More standardized formatting and documentation to reduce errors that cause delays.

• Emphasis on earlier case screening to prevent unnecessary full hearings.

3. Stronger Enforcement Powers

• Enhanced authority for the LTB to enforce orders.

• Faster issuance of orders after hearings.

• Potential for quicker compliance timelines in cases of non-payment or repair issues.

4. Increased Penalties for Bad-Faith Evictions

Even though Bill 60 aims to streamline processes, it reinforces penalties for:

• Bad-faith renovictions

• Misuse of personal-use evictions

• Harassment or pressure tactics

Landlords must continue to provide complete and accurate evidence when issuing N12 or N13 notices.

5. More Clarity Around Repairs and Maintenance

• Simplified dispute resolution for repair and habitability issues.

• Stronger expectations for timely maintenance responses.

• Tools to address landlords or tenants who delay required repairs.

6. Better Support for “Frequent Filers”

• Large landlords (with many units) may receive faster administrative processing for routine applications.

• Reduces backlog for high-volume filings such as non-payment applications.

• Aims to free capacity in the system for complex disputes.

🟦 What This Means for Landlords

• Faster eviction decisions in qualifying cases.

• More predictable timelines for non-payment matters.

• Clearer documentation requirements that reduce rejected applications.

• Higher penalties if notices are misused — making proper process even more important.

🟩 What This Means for Tenants

• Faster access to hearings for repair, safety, and maintenance complaints.

• Stronger protection from improper or bad-faith evictions.

• Clearer rules around landlord obligations and evidence standards.

• Reduced wait times for urgent matters like heat, water, and essential repairs.

Are you a first-time home buyer in Ottawa? Ontario has expanded its HST rebate program, making it easier than ever to afford a newly built or substantially renovated home. This is one of the biggest financial boosts for first-time buyers in recent years.

🚀 Key Benefits for First-Time Buyers in Ontario

• Existing provincial HST rebate: Up to $24,000 for first-time buyers purchasing a new home.

• New 2025 measure: The 8% provincial HST is fully eliminated for homes priced up to $1 million.

• Combined savings: When added to the federal GST/HST rebate, buyers could save up to $80,000.

• Eligible homes: Newly built or substantially renovated homes (resale homes are not eligible).

This means more money for your down payment, renovations, or moving costs, helping you step into homeownership faster.

🏘 Who Qualifies?

• First-time buyers who have not owned a home in the last four years

• Purchasing a new or substantially renovated home

• Homes priced up to $1 million for full savings; partial relief may apply for homes $1–1.5 million

• Homes above $1.5 million are not eligible

💡 Ottawa-Area Example Savings

Here’s what first-time buyers in Ottawa could save under the expanded HST rebate program:

Estimates combine provincial and federal HST rebates.

❓ First-Time Buyer FAQ

Q: What counts as a “new” home?
A: Homes purchased directly from a builder or substantially renovated homes sold as new.

Q: Does this apply to resale homes?
A: No. Only new or substantially renovated homes qualify.

Q: How do I claim the rebate?
A: Builders often apply the rebate at closing, or buyers can apply through the Canada Revenue Agency (CRA).

Q: Is there a price cap?
A: Full provincial rebate applies to homes up to $1 million. Partial relief may apply up to $1.5 million.

✨ Why This Matters for Ottawa Buyers

With rising home prices, affordability is a top concern. Ontario’s expanded HST rebate helps first-time buyers in Ottawa reduce upfront costs, lower mortgage amounts, and invest more into their new home.

📞 Ready to Buy in Ottawa?

If you’re searching for new homes in Ottawa or Nepean, our expert real estate team can help you find homes that qualify for the full HST rebate — maximizing your savings and making your first home purchase easier. Contact us today to get started!