Hey, Ottawa!

From open patios to open houses, the city is buzzing with energy—and so is the real estate market! July brought sunshine, more listings, and a healthy dose of optimism. Whether you're thinking of making a move or just love staying informed, you’re in the right place.

Let’s catch you up on everything happening in our beautiful city—from the latest market stats to exciting events and community updates.

Welcome to the July 2025 Edition!

Ottawa’s real estate market continues to build steady momentum, and we’re seeing strong signs of buyer confidence and balanced conditions. Inventory is on the rise, interest rates are holding, and summer activity is ramping up—just in time for those looking to settle before fall.

Ottawa Market Snapshot – June 2025

By the Numbers:

• Average Sale Price: $723,152
  ⬆️ 5.3% year-over-year | ⬇️ 0.8% month-over-month

• Benchmark Price: $634,300
  ⬆️ 1.6% year-over-year | ⬆️ 0.7% month-over-month

• Homes Sold: 1,602
  ⬆️ 10.6% year-over-year

• New Listings: 2,933
  ⬆️ 6.6% year-over-year

• Active Listings: 4,350

🏘️ How Each Property Type is Performing

💰 Mortgage & Economic Outlook

• Best 3-Year Fixed Mortgage Rate: 3.94%
• Bank of Canada (BoC) Policy Rate: 2.75% (unchanged)
• Inflation: 1.7%
• Next BoC Announcement: October 8, 2025

Key Takeaway:
The Bank of Canada is holding steady at 2.75%, signaling a “wait and see” approach amid stubborn inflation. While rate cuts are still possible later this year, they’re unlikely until inflation and economic growth show more convincing signs of slowing.

📍 Neighborhood in Focus: Kanata

While some commercial areas saw pullback, Kanata stood tall—with positive absorption and growing momentum in both business and residential sectors.

Between tech jobs, new schools, and modern family homes, Kanata continues to offer a great lifestyle combo for professionals and families alike. Curious what your dollar gets you there? Let’s explore!

🌍 National News, Local Impact

Canada–EU Strategic Partnership Signed!
Big things are on the horizon: Canada just deepened ties with the EU, opening doors for expanded trade, clean energy, and digital innovation. This means more jobs, economic resilience, and investment opportunities—right here in Ottawa.

$3.2 Billion for Newcomer Services
The federal government is also investing in community-based services to help newcomers integrate faster and thrive—boosting workforce participation and filling key labour gaps.

It’s more than just policy—it’s about building stronger, more inclusive communities. And Ottawa is right at the heart of it.