Market Updates

Ottawa Q3 market letter: cautious buyers, patient sellers

Sep 12, 2026 · 6 min read

Inventory is up, days-on-market are stretching, and pricing discipline is returning. Here's what it means if you're listing this fall.

The third quarter brought the most balanced Ottawa market we've seen in three years. Active listings climbed roughly 18% year-over-year while sales held flat — a textbook recipe for negotiation. Sellers willing to price to the market are still seeing strong activity; those reaching for top-of-cycle numbers are sitting.

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