If you have been wondering what is actually happening with home prices in Ottawa, you are not alone. Everywhere you turn, there seems to be a different opinion. Some say prices are falling. Others say the market is stabilizing. And then there is always someone who insists you should either buy immediately or wait it out. So let’s slow this down and talk about what the numbers are actually telling us. Because the truth is much less dramatic than the headlines. Ottawa entered... [read more]

The Ottawa housing market is showing clear signs of balance this fall. Sales slowed after the busy summer season, but activity remains higher than this time last year. Inventory increased, giving buyers more choice and creating a healthier market. Despite more listings, prices stayed steady. The average sale price in September was $690,397, up slightly from last year. Townhomes led the way with a 7.8% price increase, while single-family homes remained stable and apartments dipped... [read more]

Are you considering upgrading your home before selling? A new kitchen, a renovated bathroom—it’s tempting. But overimproving can backfire. Spending tens of thousands on renovations does not guarantee a higher sale price. Often, it leads to your home sitting on the market longer, leaving sellers frustrated. Ottawa Real Estate Example One home my clients were interested in had over $75,000 in renovations. While it looked fantastic and was on a quiet dead-end street, the... [read more]