Ottawa’s July market looks fairly steady at first glance, but the experience is very different depending on the type of home and where it is located.
🏡 Single family homes are holding up better, while townhouses and condos are seeing softer pricing and more competition. Apartments stand out most, taking longer to sell and carrying more inventory.
📍 Location matters too. More than 70% of July sales happened in Ottawa’s suburban markets, while Ottawa Centre had 5.6 months of inventory.
The takeaway is simple: buyers may have more negotiating room in some segments, while sellers need to pay much closer attention to their direct competition. Right now, your property type and neighbourhood can tell you more than the Ottawa wide average.
Curious how your home compares with the 4,678 properties currently on the market in Ottawa? 🏡
📞 Call The West Team at 613.699.7918 and we can help you look at the numbers in your neighbourhood.
Ottawa’s rental market is starting to give tenants a little more breathing room.
According to CMHC, asking rents in Ottawa have been declining since the second quarter of 2025, as more rental supply comes onto the market and demand grows more slowly. CMHC also expects Ottawa’s vacancy rate to rise from 3.0% in 2025 to 3.6% in 2026.
That does not mean renting has suddenly become affordable. Lower priced units remain competitive, but conditions are easing more noticeably in newer and higher priced rentals. CMHC says landlords in major markets are increasingly using incentives such as discounted parking, move in credits, gift cards and, in some cases, free rent to attract tenants.
🏠 For renters, that can mean more choice and more opportunity to compare before signing a lease.
🔑 For landlords and investors, greater supply means more competition for tenants, making the right rental price increasingly important.
