Journal

Notes on the Ottawa market.

Market letters, buying & selling guides, neighbourhood notes, investor and commercial analysis.

The national market just turned a corner. Ottawa didn't need one.

MARKET UPDATES

The national market just turned a corner. Ottawa didn't need one.

Jul 20, 2026 · 4 min read

CREA's June release landed the same morning as the Bank's hold and got buried. National sales are climbing and prices have stopped falling. Ottawa never fell. Here's what the gap between those two facts means for our fall market.

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After the hold: the seven-week window that sets up Ottawa's fall market

MARKET UPDATES

After the hold: the seven-week window that sets up Ottawa's fall market

Jul 19, 2026 · 4 min read

The Bank held at 2.25% on Wednesday, its sixth straight pass. Inside the release: the first mildly encouraging thing the Bank has said about housing in a while, and a calendar quirk that gives Ottawa buyers and sellers a seven-week head start on the fall market.

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Ottawa's June Market: One Average Price, Three Different Stories

MARKET UPDATES

Ottawa's June Market: One Average Price, Three Different Stories

Jul 13, 2026 · 4 min read

The average sale price ticked up in June. The market underneath it did not. A look at Ottawa's three-speed market before Wednesday's Bank of Canada decision.

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What Wednesday's rate decision actually does to your Ottawa mortgage

MARKET UPDATES

What Wednesday's rate decision actually does to your Ottawa mortgage

Jul 12, 2026 · 4 min read

The Bank holds again Wednesday, and most buyers are watching the wrong number. Your fixed rate is set in the bond market, not the Bank's boardroom. Here's what the July 15 decision actually changes for Ottawa, and what it doesn't.

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Where Ottawa's Market Sits Before the July 15 Rate Decision

MARKET UPDATES

Where Ottawa's Market Sits Before the July 15 Rate Decision

Jul 6, 2026 · 5 min read

Sales are down year over year, inventory is up, and single-family homes are holding while condos soften. With the Bank of Canada set to decide on July 15, here's an honest read on where Ottawa's market actually sits.

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Ottawa's sales-to-new-listings ratio — the summer signal to watch

MARKET UPDATES

Ottawa's sales-to-new-listings ratio — the summer signal to watch

Jul 5, 2026 · 5 min read

Everyone quotes Ottawa's average sale price. The sales-to-new-listings ratio does more forecasting work — and Ottawa's ~48% reading hides two very different sub-markets.

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What's selling fast in Ottawa this July, what's sitting stale

MARKET UPDATES

What's selling fast in Ottawa this July, what's sitting stale

Jul 5, 2026 · 5 min read

Watch the OREB headline and you get the tidy version. Sit in the actual pipeline this July and you see two Ottawa markets — one clearing in two weeks, one sitting 60 days.

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Ottawa's mid-2026 market: what to watch into summer

MARKET UPDATES

Ottawa's mid-2026 market: what to watch into summer

Jun 29, 2026 · 5 min read

We're halfway through 2026 and the year-to-date numbers tell a cleaner story than any single month. Fewer sales, more inventory, prices holding. Here's what that means heading into summer.

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Ottawa housing 2026: a mid-year report card

MARKET UPDATES

Ottawa housing 2026: a mid-year report card

Jun 28, 2026 · 4 min read

We're at the halfway mark of 2026. Prices are roughly flat, sales are softer, and inventory is comfortable. Here's the honest scorecard and what I'm watching into the back half of the year.

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Ottawa real estate market update — Q2 2026

MARKET UPDATES

Ottawa real estate market update — Q2 2026

Jun 18, 2026 · 3 min read

If you've been refreshing OREB releases the way I do, the headline of Q2 2026 is simple: balanced, not boring. May sales hit 1,616 units across the OREB territory, down 10.6% from a year earlier, while the average sale price came in at $721…

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How Bank of Canada rate moves are shaping Ottawa real estate

MARKET UPDATES

How Bank of Canada rate moves are shaping Ottawa real estate

Jun 12, 2026 · 3 min read

The Bank of Canada held the overnight rate at 2.25% on June 10, 2026. That's the fifth consecutive hold — January, March, April, and now June. The Bank Rate sits at 2.5%, deposit rate at 2.20%.

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5-year price trends across Ottawa neighbourhoods

MARKET UPDATES

5-year price trends across Ottawa neighbourhoods

May 22, 2026 · 2 min read

Looking back from June 2026, Ottawa real estate has had three distinct chapters since 2021: the COVID-era surge through early 2022, the 2022–2024 rate shock and correction, and the 2025–2026 plateau.

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Ottawa's spring 2026 market: what buyers and sellers need to know

MARKET UPDATES

Ottawa's spring 2026 market: what buyers and sellers need to know

May 4, 2026 · 2 min read

Every spring, the question I get most is some version of "is this the year it goes nuts again?" The honest answer for 2026 is no, and that's actually good news for almost everyone involved.

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