Ottawa housing market balanced in June as supply gives buyers more choice
Single-family homes remained steady while townhomes and apartments softened, with the average sale price up 1.3% year-over-year but the median down 1.3%, signalling a market split by property type.
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Ottawa's housing market remained balanced in June, with activity easing in line with typical early-summer patterns but trailing slightly behind 2025 levels, according to the Ottawa Real Estate Board.
Supply remained elevated, continuing to give buyers more choice. The impact differed by property type: single-family homes stayed comparatively steady, townhomes showed volatility, and apartment-style properties were the softest segment. That split shaped pricing. The average residential sale price was $733,648 in June, up 1.3% from a year earlier, while the median price was $655,000, down 1.3%.
1,518 homes sold through the MLS system in June, a 4.9% decrease from June 2025. Single-family sales totalled 879, down 1.8% year-over-year; townhouses dropped 7.3% to 429 sales; and apartments fell 14% to 178 sales. Year to date, 6,969 homes have sold, down 6.1% from the same period in 2025, with total dollar volume at $4.9 billion.
Ottawa remains fundamentally balanced, but micro-market dynamics — neighbourhood conditions and property type — matter more than citywide headlines, OREB President Tami Eades said.
