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Ottawa real estate: Ottawa sees 11 per cent drop in home sales in 2023

The Ottawa Real Estate Board says 11,978 homes and condominiums were sold in Ottawa in 2023, down 11 per cent from 2022. The average price of homes sold in Ottawa in 2023 was $667,794, down 5.5 per cent from 2022.

My Ottawa Life: For industry trailblazer Shirley Westeinde, every day in Ottawa is a staycation – Ottawa Business Journal

Why experts say predictability is returning to Ontario s real estate market

Ottawa home prices increase $2,000 year-over-year as resale market stalls, OREB says

The average selling price for a new home in Ottawa increased $2,000 in August compared to a year ago, as the resale market stalled amid higher interest rates and economic uncertainty this summer.

Ottawa home prices forecasted to decline this fall amid high interest rates: Re/Max – Ottawa Business Journal

In its fall market outlook released Tuesday, Re/Max Canada says it expects the average sale price of a home in Ottawa to drop to about $712,697 by the end of 2023, down two per cent from $727,242 at the end of July.

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