The real estate market in Ottawa is feeling a little different this spring—slower, more cautious, and more balanced than usual. According to the latest numbers from the Ottawa Real Estate Board, home sales in March 2025 dropped by 6.2% compared to last year. In fact, sales were well below the average for both the past five and ten years.

So what’s going on?

More Homes for Sale, But Buyers Are Taking Their Time

Real estate expert Jason Pilon says one of the biggest changes is the rise in inventory. In March, there were 60% more homes listed than last year. That’s a big jump. But even with more options, many buyers aren’t in a rush.

“People are waiting and being careful,” Pilon says. “Homes are sitting on the market a bit longer, and decisions are taking time.”

Interest Rates Are Stable, But Uncertainty Remains

The Bank of Canada kept interest rates steady at 2.75%, which is still good news for buyers. But with talks of new tariffs on building materials like lumber, people are unsure how prices will change in the coming months.

If tariffs go up, it could mean higher costs for builders—making resale homes more attractive. But it could also push up prices overall, depending on how the industry responds.

Prices Are Holding Steady

Even with fewer sales, prices haven’t dropped.

• Condo prices are up about 4%.

• Townhomes and single-family homes also saw small increases.

This shows the market is cooling, but not crashing.

What This Means for You

If you're buying: It’s a good time to explore your options. Take your time—but be ready when the right home comes up.

If you're selling: Be prepared for longer selling times and price your home carefully.

If you're investing: Keep an eye on tariffs and construction costs. Things could shift quickly.

Have questions about your next move in Ottawa’s market? Let’s talk—whether you’re buying, selling, or just planning ahead. Message me anytime!

📞 Contact:

Murtaza Siddiqui, Broker

RE/MAX Hallmark Realty Group

610 Bronson Avenue, Ottawa, ON

📧 [email protected]

☎ 613-805-1111

Canada’s housing market is entering a new chapter—one marked not just by shifting home prices, but by the rising importance of rentals. While headlines focus on softening home sales and economic uncertainty, a quieter transformation is happening beneath the surface. Rental demand is on the rise, and with it, a fresh wave of opportunity for renters, investors, and communities alike.

A Spring Wake-Up: Rents Are on the Rise Again

After a winter lull, Canadian rental prices have begun to climb again. According to Rentals.ca, the average apartment rent in March rose 1.5% to $2,119. It’s the first increase in six months, signaling renewed movement in a sector that’s long been playing catch-up to ownership trends. While affordability remains a pressing issue, the return of growth in the rental market is a sign that demand is still strong—especially in a country whose population continues to diversify and evolve.

Purpose-Built Rentals Are Growing—And That’s a Good Thing

Historically, purpose-built rentals offered a more affordable alternative to condo rentals, and while the price gap has narrowed, the shift signals something important: institutional investors are finally taking rental housing seriously. Yes, prices are up. But the silver lining? These projects are professionally managed, built for long-term tenancy, and often better maintained than older private units. As more investment flows into this space, we may finally see a more stable, secure, and high-quality rental supply emerge.

This moment isn’t just about higher prices—it’s about building rental stock that meets modern expectations.

Small Cities Are Shining Brighter Than Ever

One of the most exciting developments is how smaller cities are stepping into the spotlight. Places like Halifax, which once offered steep discounts compared to Toronto, are now seeing a surge in demand. Rents in Halifax have grown so steadily that they're closing in on those in major urban hubs. This signals a nationwide rebalancing of opportunity, allowing people to live, work, and thrive outside the usual big-city bubble.

Remote work, lifestyle shifts, and urban decentralization are giving people more choice—and small cities are rising to the occasion.

The Real Estate Ripple Effect: Rents, Credit, and Change

Yes, there are concerns about how government policies and institutional financing are shaping the market. But let’s zoom out: Canada is finally treating rental housing with the same seriousness it once reserved for homeownership. And while market distortions must be addressed with care, these growing pains are part of a bigger story—a country learning to adapt its housing systems for a new generation.

The key now is smart policy and bold thinking. Encouraging purpose-built developments, streamlining approval processes, and supporting renters without overextending credit are all achievable goals. What’s more, rising prices also bring with them new attention, advocacy, and innovation. The housing conversation is changing—and people are paying attention.

A Resilient Market, A Brighter Future

Canada’s housing challenges are real, but so is the resilience of its people. Renters are resourceful, communities are adapting, and the push for more affordable, sustainable housing is growing stronger every day. We have the tools, the insight, and the drive to create a future where everyone—whether renting or buying—has a place to call home.

The transformation isn’t easy. But it’s happening. And that gives us reason to hope.4

Keeping your home in good shape all year long is essential, especially in a climate like Ottawa’s, where extreme weather can do a number on even the most well-built properties. A seasonal maintenance routine helps you protect your investment, avoid surprise repairs, and keep your home safe, efficient, and ready for anything—whether you're staying long-term or planning to sell.

Here’s a homeowner’s guide to staying on top of maintenance in 2025, broken down by season:

Winter (January to March)

Start the year by checking your attic insulation and sealing any drafts around windows or doors to conserve heat. Make sure your smoke and carbon monoxide detectors are working, and change the batteries if needed. Keep an eye out for ice dams and icicles forming along the roof, as they can lead to water damage. It’s also important to keep outdoor vents and gas meters clear of snow. If you didn’t schedule a furnace inspection in the fall, now’s a good time to do it.

Spring (April to June)

As the snow melts and temperatures rise, give your home a thorough exterior inspection. Look for damaged shingles or flashing on the roof, and clean out the gutters and downspouts to prevent basement leaks. Recaulk windows and doors, and check for signs of water intrusion in the basement or around the foundation. This is also the ideal time to service your air conditioner before the summer heat arrives and to refresh your outdoor spaces by inspecting decks, fences, and patios for wear or rot.

Summer (July to August)

With longer days and good weather, tackle projects that involve the exterior of your home. Power wash your driveway and walkways, repaint trim or siding if needed, and trim back trees and shrubs that are too close to the house. Clean your window screens and check for damage. It’s also wise to inspect your sump pump, especially ahead of summer storms, and revisit any indoor caulking or sealants around sinks and tubs to prevent future leaks.

Fall (September to November)

As Ottawa heads into colder months, fall is all about prep. Book a chimney cleaning if you plan to use your fireplace. Schedule a furnace inspection and replace the filter. Shut off and drain outdoor faucets to prevent freezing, and inspect weatherstripping on windows and doors to keep the cold out. Store away summer tools and bring out winter gear like shovels and snowblowers. Don’t forget to rake leaves and aerate the lawn to help your yard bounce back in spring.

Year-Round Essentials

Some tasks don’t belong to just one season. Review your home insurance coverage annually to ensure you’re adequately protected. Test your security system and make sure exterior lighting is functional. Keep an eye on your water heater for signs of rust or leakage, and maintain a home log to track service dates, repairs, and upgrades.

Ottawa’s climate demands a proactive approach to homeownership. Whether it’s preventing winter damage or prepping for summer heat, staying on top of these seasonal routines will not only protect your property—but also give you peace of mind.

Thinking of selling or need help finding trusted home service pros in Ottawa? Reach out anytime—I'm happy to connect you with my network or chat about your home goals in 2025.

If you're planning to sell your home in Ottawa this year, you're entering a market that’s competitive—but full of opportunity. Buyer expectations in 2025 have evolved, shaped by rising interest rates, tech-savvy trends, and changing lifestyle needs. Whether you're selling in Kanata, Barrhaven, or downtown, knowing what buyers are looking for can help your home stand out—and sell faster.

Here’s what today’s Ottawa buyers are prioritizing:

1. Move-In Ready Homes

While fixer-uppers still appeal to investors, most Ottawa homebuyers in 2025 prefer turnkey properties. With the cost of renovations still high, buyers are more likely to pay a premium for homes that are updated and ready to live in.

Tip: Focus on simple upgrades like fresh paint, updated lighting, and modern hardware in kitchens and bathrooms.

2. Location, Location… and Walkability

Buyers are looking for walkable communities with nearby access to transit, parks, schools, and shopping. Neighbourhoods like Westboro, Hintonburg, and Old Ottawa South continue to attract attention for their charm and convenience.

Tip: In your listing, highlight what's within walking distance: trails, grocery stores, cafes, and bus or LRT stops.

3. Energy Efficiency

Eco-conscious living is no longer a bonus—it’s a priority. Homes with energy-efficient windows, smart thermostats, heat pumps, and EV charging setups stand out in 2025.

Tip: If you’ve made any green upgrades, be sure to spotlight them in your listing and showing materials.

4. Dedicated Work-from-Home Space

Remote work isn't going anywhere, and Ottawa buyers are on the lookout for functional home offices or at least quiet corners with natural light and good internet access.

Tip: Stage a spare bedroom or den as an office setup—even a stylish desk in a nook can go a long way.

5. Well-Maintained Homes

Buyers want peace of mind, especially in a high-stakes market. They’re inspecting homes more carefully and asking questions about roof age, furnace condition, plumbing, and insulation.

Tip: Consider a pre-listing home inspection so you can address any red flags before your home hits the market.

6. Strong Online Presence

Your first showing happens online. With so many buyers browsing Realtor.ca, Zillow, and Instagram, professional photos, drone shots, and even virtual tours can make a big difference.

Tip: Work with a Realtor who invests in high-quality visuals and has a strong digital marketing strategy tailored to the Ottawa market.

7. Neutral and Clean Aesthetic

In 2025, buyers want to envision themselves in a space—so bold wallpaper or cluttered counters could be a turn-off. Clean, bright, and neutral decor helps make a strong first impression.

Tip: Declutter, depersonalize, and keep your colour palette light and modern. A clean space feels bigger, fresher, and more inviting.

Ottawa’s market in 2025 is nuanced—but you don’t have to navigate it alone. Knowing what buyers want helps you position your home more effectively and get the most value from your sale.

Ready to sell your Ottawa home? I’d love to guide you through it—from staging tips to pricing strategy, and everything in between.

The Ottawa real estate market has always been dynamic, but with the recent economic shifts and evolving interest rates, many potential homebuyers are wondering: Is now a good time to buy a home in Ottawa? Let’s break down the key factors that can help you decide.

Current Market Trends

Ottawa’s housing market has seen fluctuating prices over the past year. While 2024 ended with moderate price increases, 2025 has started with more balanced conditions. The average home price in Ottawa is stabilizing, making it a favorable time for buyers who were previously priced out of the market.

Mortgage Rates & Affordability

One of the biggest considerations when buying a home is mortgage rates. In early 2025, interest rates remain higher than the historic lows of the pandemic years but have started to ease slightly. Many buyers are locking in fixed-rate mortgages to secure long-term affordability. If you have a strong credit score and stable income, now could be an ideal time to buy before rates potentially increase again.

Supply & Demand

Ottawa’s real estate market is currently experiencing a more balanced supply-and-demand ratio. With more inventory available, buyers have more choices and negotiating power. Unlike the highly competitive seller’s market seen in previous years, buyers today can often include conditions in their offers, such as home inspections and financing contingencies.

Neighborhood Considerations

Certain neighborhoods in Ottawa continue to see high demand, especially those with strong public transit access, good schools, and new infrastructure developments. Areas like Barrhaven, Kanata, and Orleans remain attractive options for families, while downtown condos are regaining popularity among young professionals and investors.

Economic & Political Factors

With an upcoming federal election and economic adjustments post-pandemic, government policies on housing affordability, taxation, and development may impact the market. Buyers should stay informed on potential changes to mortgage lending rules and first-time homebuyer incentives.

Final Thoughts: Should You Buy Now?

If you are financially ready and find a home that meets your needs, 2025 presents a strong opportunity to buy in Ottawa. Stabilizing prices, increased inventory, and slightly easing interest rates create a more balanced environment for buyers. However, it's essential to work with a knowledgeable real estate professional to navigate the market effectively.

Are you considering buying a home in Ottawa? Let’s connect to discuss your options and find the right property for you!

Are you looking to sell your home quickly and at the best possible price in Ottawa? Selling a property can be a complex process, but with the right strategy, you can streamline the experience and secure a successful sale. As a trusted real estate expert in Ottawa, I’m here to guide you through the essential steps to ensure your home stands out and attracts serious buyers.

1. Work with an Experienced Real Estate Agent

Having a knowledgeable and dedicated real estate agent by your side is crucial. With extensive market expertise, I can help you price your home competitively, market it effectively, and negotiate the best offers on your behalf. My personalized approach ensures your property gets the attention it deserves.

2. Price Your Home Strategically

Setting the right price is one of the most critical factors in selling your home quickly. Overpricing can deter buyers, while underpricing may leave money on the table. Through a comprehensive market analysis, I determine the optimal price based on comparable properties, current market trends, and your home’s unique features.

3. Boost Curb Appeal

First impressions matter. A well-maintained exterior can significantly impact a buyer’s interest. Consider simple improvements such as landscaping, repainting the front door, and ensuring a clean, welcoming entrance to enhance curb appeal.

4. Declutter and Stage Your Home

Buyers need to visualize themselves living in your home. Decluttering, deep cleaning, and staging your space can make a substantial difference. Professional staging highlights your home’s best features, making it more appealing to potential buyers.

5. Make Necessary Repairs

Addressing minor repairs before listing your home can prevent potential deal-breakers. Fix leaky faucets, replace broken fixtures, and ensure all appliances are in working condition. A move-in-ready home attracts more offers and sells faster.

6. Choose the Right Time to Sell

Timing plays a vital role in real estate. In Ottawa, spring and early summer are typically the best seasons to sell a home. However, market conditions can vary, and I provide data-driven insights to help you list your home at the optimal time.

7. Implement a Strong Marketing Plan

Marketing your home effectively is key to attracting buyers. My strategy includes professional photography, virtual tours, targeted social media advertising, and listing on major real estate platforms to maximize exposure.

8. Be Flexible with Showings

The more accessible your home is for viewings, the faster it will sell. Offering flexible showing times, including evenings and weekends, increases the likelihood of securing a buyer quickly.

9. Respond Promptly to Offers and Inquiries

Time is of the essence in real estate transactions. I ensure that all inquiries and offers are handled swiftly and professionally, keeping negotiations moving forward and preventing potential buyers from losing interest.