📌 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
| 📅 Jan 2026 | 📅 Jan 2025 | 🔄 % | |
|---|---|---|---|
| 🏘️ Sold | 610 | 646 | ⬇️ 5.6% |
| 💰 Avg Price | $641,436 | $671,661 | ⬇️ 4.5% |
| 🆕 New Listings | 1,522 | 1,400 | ⬆️ 8.8% |
| 📦 Active Listings | 2,673 | 2,178 | ⬆️ 22.7% |
| 📅 Months | 4.4 | 3.4 | — |
| 📅 Jan 2026 | 📅 Jan 2025 | 🔄 % | |
|---|---|---|---|
| 🏠 Sold | 276 | 320 | ⬇️ 13.8% |
| 🆕 Listings | 663 | 666 | ⬇️ 0.5% |
| 💰 Avg Price | $793,874 | $823,521 | ⬇️ 3.6% |
| 📅 Months | 4.3 | 3.3 | — |
| 📅 Jan 2026 | 📅 Jan 2025 | 🔄 % | |
|---|---|---|---|
| 🏘️ Sold | 215 | 202 | ⬆️ 6.4% |
| 🆕 Listings | 487 | 334 | ⬆️ 45.8% |
| 💰 Avg Price | $536,106 | $554,401 | ⬇️ 3.3% |
| 📅 Months | 3.3 | 2.1 | — |
| 📅 Jan 2026 | 📅 Jan 2025 | 🔄 % | |
|---|---|---|---|
| 🏢 Sold | 95 | 112 | ⬇️ 15.2% |
| 🆕 Listings | 312 | 338 | ⬇️ 7.7% |
| 💰 Avg Price | $388,307 | $441,760 | ⬇️ 12.1% |
| 📅 Months | 6.8 | 5.3 | — |
👋 Jai Patel
📱 613-404-8706
🌐 jaipatelrealtor.ca
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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.
Ottawa is experiencing one of its strongest construction periods in years. Housing starts jumped significantly through 2025, and 2026 is continuing that momentum.
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.
Several large-scale communities are already transforming Ottawa’s neighborhoods:
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.
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.
Infrastructure continues to be a major driver of growth in 2026.
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.
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.
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.
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
🏠 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
Sales: 271
Avg Sale Price: $796,608 (⬇️ 2.1% YoY)
Months of Inventory: 4.3
Avg. Days on Market: 31 days
Sales: 217
Avg Sale Price: $548,745 (⬇️ 2.8% YoY)
Months of Inventory: 2.8
Avg. Days on Market: 35 days
Sales: 78
Avg Sale Price: $401,465 (⬇️ 4.8% YoY)
Months of Inventory: 7.9
Avg. Days on Market: 50.5 days
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
🛒 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
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
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)
Average price: $680,496 (⬆️ 2% YoY)
YTD average: $699,635 (⬆️ 3%)
Single-family homes: $825,827 (⬆️ 4.8% YoY)
Active listings: 3,721 (⬆️ 31% from 2024)
Months of Inventory (MOI)
🏠 Single-family: 4.0
🏘️ Townhome: 3.1
🏢 Condo/Apartment: 7.3
✔ More selection
✔ Better negotiating power
✔ Good window before spring demand returns
✔ Single-family remains strong
✔ Townhomes + condos need strategic pricing
✔ Marketing matters more in a high-inventory market
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.
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.
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.
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.
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.
Simplified dispute resolution for repair and habitability issues.
Stronger expectations for timely maintenance responses.
Tools to address landlords or tenants who delay required repairs.
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.
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.
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.
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.
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
Here’s what first-time buyers in Ottawa could save under the expanded HST rebate program:
| Home Type | Price | Estimated Savings |
|---|---|---|
| Condo | $650,000 | ~$52,000 |
| Townhouse | $800,000 | ~$64,000 |
| Detached | $950,000 | ~$76,000 |
Estimates combine provincial and federal HST rebates.
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.
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.
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!
📈 Home Sales:
1,177 homes sold in October
🔼 Up 8.1% from September
🔽 Down 1.2% from October 2024
➤ Sales improving month to month — buyers are active again.
💰 Average Price:
$709,002 average sale price
🔼 Up 2.7% month-over-month
🔼 Up 5.7% year-over-year
➤ Prices holding steady with healthy, moderate growth.
📋 New Listings:
2,405 new listings in October
🔽 Down 15.1% from September
🔼 Up 13.4% compared to last year
➤ Typical fall slowdown, but still more choice than in 2024.
🏠 Active Listings:
4,232 homes currently on the market
🔽 Down 3.6% from last month
🔼 About 21% higher than a year ago
➤ Plenty of options for buyers, but inventory is slowly tightening.
📦 Inventory Levels:
3.6 months of supply (down from 4.0)
➤ Slight shift toward sellers, yet still a balanced market.
📅 Year-to-Date Totals:
12,197 homes sold (+3.3%)
💵 Total sales volume: $8.55 billion (+6.5%)
📊 Average YTD price: $700,869 (+3%)
➤ Steady growth continues in 2025.
🏡 MLS® HPI Benchmark:
$622,700 in October
🔽 Down 0.7% month-over-month
🔼 Up 0.7% year-over-year
➤ Slight monthly dip, long-term values stable.
Ottawa’s real estate market remains stable, balanced, and resilient — prices are steady, demand is solid, and supply is tightening slightly as we move into winter.
If you're looking for a home in Stittsville, Kanata, Barrhaven, Nepean, Riverside south or Orleans.
📞 Reach me - Jai Patel, Realtor® — your local expert in Ottawa’s diverse communities.
📧 jaipatelrealtor.ca | ☎️ 613-404-8706
Ontario government has announced plans to offer a full 8% HST rebate on new homes priced up to $1 million, complementing the federal government’s 5% HST removal already in place.
These measures would completely eliminate the 13% HST on new builds — meaning no HST upto 1 Million $ for FTHB. This could translate to savings of up to $130,000 on a newly built home, making homeownership more affordable for thousands of first-time buyers across the province.
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
The new Ontario rebate is based on the federal government’s May 27, 2025 proposal to eliminate the full federal portion of HST.
Implementation depends on federal legislation and regulatory changes.
To qualify, the agreement of purchase and sale must be signed on or after May 27, 2025.
Buyers must acquire the home for use as their primary residence, following federal eligibility rules.
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. Buyers may also apply through the Canada Revenue Agency (CRA).
Q: Is there a price cap?
A: Full rebate for homes up to $1 million, phased reduction for $1–1.5 million homes. Homes above $1.5 million are not eligible.
If you’re looking for new home anywhere in Ottawa or surrounding area, I can help you find options that qualify for the full HST rebate, maximizing your savings and simplifying your first home purchase.
Contact Me today 613.404.8706 to start your journey into homeownership!
Ontario HST rebate, first-time homebuyers, new home savings Ontario, Ontario housing affordability, HST rebate 2025
🏠 Home sales are forecast to reach about 469,500 units in 2025, a 3% decline from 2024.
💰 The average national home price is expected to dip 1.4% to roughly $676,700.
🌎 Market performance will vary by region — while Ontario and British Columbia may experience further price and sales declines, many other provinces are projected to see 4%–8% price growth in 2025.
📈 By 2026, CREA anticipates a rebound, with sales rising 7.7% to about 509,500 units and average prices climbing 3.2% to approximately $698,600.
⚠️ CREA notes there’s higher-than-usual uncertainty due to fluctuating interest rates, economic headwinds, and regional supply-demand imbalances.
Buyers: 2025 could offer more choice and negotiating power, particularly outside major urban markets. However, affordability will remain challenging until interest rates ease further.
Sellers: In Ontario and B.C., expect longer listing times and softer prices. In contrast, sellers in regions with limited inventory — such as parts of the Prairies or Atlantic Canada — may still see steady demand.
Investors: Patience may pay off. 2026’s projected rebound suggests renewed opportunity for capital growth as economic stability returns.
CREA emphasizes that national figures tell only part of the story. Local market conditions — such as job growth, housing supply, and migration patterns — will drive performance. Detached homes in expensive markets may cool faster, while affordable segments and smaller cities could stay resilient.
2025 appears to be a transition year for Canadian real estate — a period of recalibration before renewed growth. With borrowing costs expected to gradually ease, and population growth continuing to support long-term demand, the outlook for 2026 is cautiously optimistic.
If you’re planning to buy, sell, or invest, this is a good time to watch local data closely and prepare for shifting opportunities as the market regains momentum. Contact me to find discuss opportunities for you @ 6134048706
Source: CREA
As fall begins, Ottawa’s housing market remains resilient, with growing inventory, steady demand, and stable prices, fueled by the Bank of Canada’s rate cut 📉 to 2.5%.
Ottawa Key Market Highlights for September 2025:
Sales: 1,089 homes sold, +2.4% from Sept 2024
Inventory: 4,388 listings
New Listings: 2,832
Prices: Avg. $690,397, +0.3% YoY
Tips for Clients:
Sellers: Price smart, stage for fall appeal.
Buyers: Push pre-approvals, explore diverse options.
Stay Sharp: Watch October data for rate-cut impacts.
Let’s ConnectReady to navigate this balanced market? DM me for comps or strategies.
#OttawaRealEstate Data: OREB September 2025 Report
City has launched the Housing Acceleration Plan (HAP), backed by $176.3 million in federal funding through the Housing Accelerator Fund.
The plan is designed to fast-track housing construction, modernize zoning, and support affordable housing providers.
37,500 new homes by 2026, including over 2,000 affordable units.
90% of federal funding is directed to non-profit and co-op housing providers.
10% of funding supports enabling projects like land preparation, office-to-residential conversions, and zoning updates.
Special emphasis on family-sized rental units, supportive housing, and mixed-income neighbourhoods.
Streamlined planning and permit processes to reduce delays.
Simplified site plan rules and digital tools to track applications.
Faster release and preparation of city-owned land for housing projects.
Updating Ottawa’s zoning by-law to allow more “missing middle” housing (duplexes, triplexes, low-rise apartments).
Expanding permissions for higher density near major transit hubs.
New inclusionary zoning requiring private developers to include affordable units in larger projects.
Direct investment into shovel-ready projects led by non-profits and co-ops.
Grants for early-stage development and land acquisition.
Ensuring that community-based housing providers have stable funding to deliver affordable units faster.
Waived development charges, tax breaks, and forgivable loans for affordable housing.
Citywide Affordable Housing Community Improvement Plan (CIP) to expand grants and financial supports.
Incentives for private developers who dedicate part of their projects to affordability.
Conversion of underused office and commercial spaces into housing.
Redevelopment of surplus city-owned lands for affordable and supportive housing.
Partnerships with public agencies to unlock more land for residential use.