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Ottawa Real Estate Market Update for July 2022

Market Summary: The Ottawa real estate market continued it’s downward trend in July. With higher mortgage rates, more inventory and higher cost of ownership, prices gave up significant territory on a month-to-month basis. Prices are down about 15-20% from the February/March 2022 peak. Detached homes gained 4.8% from a year ...

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Ottawa Real Estate Market Update for June 2022

Market Summary: With mortgage rates on the rise the Ottawa real estate market continued to slow in June of 2022 Detached homes gained 6.1% from a year ago. They were down about $30,000 on a month to month basis. Townhomes were up 6.8% compared to a year ago and lost ...

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