Presented by Sotheby’s International Realty

As Ottawa transitioned into early winter, the real estate market embraced a more measured pace. November brought softer sales activity and a more noticeable seasonal slowdown, balanced by encouraging signs such as recent interest rate cuts that may support renewed buyer confidence as we approach 2026.

While active listings declined month to month, months of inventory (MOI) increased, reflecting a stable yet supply-leaning market—especially within the townhome and apartment segments. This environment provides both buyers and sellers with meaningful opportunities to make informed, strategic decisions.

November Highlights

Sales & Pricing

• 880 homes sold (down from 1,177 in October; 18.2% below November 2024)

• YTD sales up 1.5% compared to 2024

• Average sale price: $680,496 (+2% YoY)

• YTD average price: $699,635 (+3% YoY)

• Single-family homes: average price $825,827, up 4.8% YoY and 4% YTD

Supply Trends

Ottawa recorded 3,721 active listings, with MOI rising to 4.2, indicating more selection and more measured pace across market segments.

Townhomes

• Average price: $542,607

• Down from both October and last year

Apartments / Condominiums

• Experiencing the strongest supply pressure

• MOI above 7

• Sales down over one-third YoY

• Prices stable YoY, though elevated inventory suggests a softer underlying environment

New Construction Influence
Close to 70% of 2025 housing starts are concentrated in rental and condo projects, adding to a meaningful pipeline of future multi-unit inventory. Ottawa remains more stable than Toronto’s current condo buildup, but rising supply warrants continued attention through the winter.

Year-to-Date Market Performance

• 13,075 homes sold in 2025 (+1.5% YoY)

• $599M in November sales volume (–16.5% YoY)

• Over $9B in 2025 YTD sales volume (+4.6% YoY)

• 1,458 new listings (–39% from October; +10% YoY)

• Active listings: 3,721 (–12% from October; +31.3% YoY)

• Seasonal price softening occurred, with a slightly larger-than-usual 4% decline from October

Months of Inventory by Property Type

• Single-Family: 4.0

• Townhome: 3.1

• Apartment: 7.3

The overall market remains balanced, with distinct variations across property types that offer tailored opportunities for different buyer and seller profiles. 

Would you like to chat? Please reach out. 

We continue to see meaningful changes that may impact your future plans. Read on for the details…

This past month, we saw a steady pace of sales alongside a notable increase in new listings. A total of 1,177 homes were sold (a slight -1.2% change from last year), while 2,405 new listings came to market. This has increased our housing supply to 3.6 months of inventory, up from 2.9 months a year ago. 

What does this mean? 
Buyers now have more choice and negotiating room, while Sellers are still benefiting from stable and growing home values, though with more competition than last year. 

Average Prices Across Ottawa (October 2025) 

• Overall Average Price: ~$709,000 (+5.7% year-over-year) 

By Property Type: 

• Single-Family Homes: ~$857,078 (+6.5%) 
  Demand remains strong—well-presented homes continue to perform very well. 

• Townhomes / Row Units: ~$556,302 (-1.2%) 
  More inventory here means Buyers may find better value and negotiation opportunities. 

• Condominium Apartments: ~$437,482 (+4.5%) 
  Condo supply has increased, offering Buyers more selection and flexibility. 

Key Takeaways 

For Buyers: 
You’ll find more selection and time to consider your options, with increased ability to include conditions and negotiate strategically—especially in the townhome and condo segments. 

For Sellers: 
Pricing and presentation are essential. While values remain strong, today’s Buyers are comparing more listings and are highly informed. Homes that are well-prepared and priced appropriately are still achieving excellent results. 

How We Support You 

At Sotheby’s International Realty Canada, we provide guidance rooted in market data, strategic pricing, and tailored marketing. Whether you are exploring your first purchase or preparing to sell, we ensure every decision is informed, confident, and aligned with your goals. 

If you would like: 

• A current market evaluation of your home 

• A list of properties that match your criteria 

• Or simply a conversation about next steps 

Please message me. I’m always here to help. 

Warm regards, 
Shara Turner, REALTOR 

Sotheby’s International Realty Canada 

Whether you’re buying your first home, selling a beloved property, or exploring your next investment, navigating the real estate market can feel like a lot.

Having the right information can make all the difference. That’s why we’ve created The Informed Buyer’s and Seller’s Guide, a comprehensive, easy-to-follow resource designed to help you move forward with confidence, clarity, and a strategic edge.

Why You’ll Want This Guide

Think of this as your go-to handbook for everything real estate. We’ve brought together expert insights, practical tips, and a clear breakdown of what to expect. Whether you're buying, selling, or both. Inside, you’ll find:

• A step-by-step overview of the buying and selling process

• Expert advice tailored to today’s market conditions

• Tips for planning ahead and avoiding common mistakes

• Guidance on how to prepare, what to ask, and what to watch for

• Insights to help you make informed, empowered decisions

It’s not just helpful, it’s essential. And it’s designed for every stage of your real estate journey.

This is the kind of resource you’ll wish you had sooner. Whether you’re months away from making a move or ready to take the next step today, The Informed Buyer’s and Seller’s Guide will give you the clarity and confidence to move forward.

Simply fill out a quick form to download the guide:

Get THe GUIDE

Feel free to download one or both, depending on where you are in your journey.

No matter where you’re starting from or where you’re headed. If you have questions or want to talk through your options, simply reply to this email. We’re here to support your next move.

Kind regards,

Shara Turner

Buying a home in Ottawa marks the beginning of something exciting. Whether you’ve fallen for a heritage property in The Glebe, a modern townhouse in Kanata, or a family-friendly home in Orleans, this city has a rhythm and charm that make every neighbourhood feel distinct.

Once your offer is accepted and financing is secured, the focus shifts from finding the right home to preparing for a smooth move. That transition deserves care, planning, and a touch of calm confidence, exactly what this guide is designed to offer.

Planning Your Move:

The most seamless moves are the ones that start early. Use the following week-by-week approach to stay organized and ahead of schedule.

Eight weeks before:

 • Begin researching reputable moving companies in the Ottawa area.
 • Declutter your home and donate, sell, or recycle what no longer serves you.
 • Create a master checklist with key dates such as closing, inspections, and moving day.
 • Use a furniture volume calculator to get accurate quotes from multiple movers.

Six weeks before:

• Confirm your moving date and finalize arrangements with your chosen team.
 • Notify service providers like Hydro Ottawa, Enbridge Gas, Bell, and Rogers.
 • Start using up pantry and freezer items to simplify packing later.

Four weeks before:

 • Begin packing items you won’t need right away, such as seasonal décor, books, and seldom-used kitchenware.
 • Update your address with Canada Post, your financial institutions, and key subscriptions.
 • Arrange any necessary time off around your moving day.

Two weeks before:

 • Reconfirm parking, access, and timing with your movers.
 • Pack a “first-night box” with essentials such as toiletries, clothes, and basic food.
 • Set up mail forwarding through Canada Post.

Moving Day:

The best advice for moving day? Stay calm, stay hydrated, and let the professionals handle the heavy lifting.

Before you leave your old home, do a final walkthrough. Check every room, including closets and basements. Turn off utilities, close windows, lock doors, and leave behind a clean, welcoming space for the new owners.

Choosing the Right Movers:

Ottawa’s mix of historic neighbourhoods, narrow streets, and unpredictable weather makes reliable movers worth every dollar. Look for trusted Ottawa moving teams who are insured, well-reviewed professionals with trucks suited to your property’s access.

Some companies also offer full-service packages that include packing, temporary storage, and furniture assembly. Just what you may need to reduce stress and ensure your belongings arrive safely.

Packing Smart:

Thoughtful packing can make all the difference. Invest in sturdy boxes, bubble wrap, and quality tape, and label everything clearly with both contents and destination rooms.

Keep your most valuable items and important documents with you on moving day. A bit of organization up front saves a lot of frustration later.

Unpacking and Settling In:

Start by setting up the spaces that make a home feel livable. This includes your bedroom, kitchen, and bathroom. 

Take it one room at a time and permit yourself to ease into your new surroundings. Flatten boxes, recycle materials, and enjoy watching your home take shape.

Becoming an Ottawan:

Once the boxes are unpacked, it’s time to connect with your new city.
 • Update your address with ServiceOntario and on your OHIP card.
 • Register your vehicle and update your Ontario driver’s licence if relocating from another province.
 • Explore local clinics to find a new family doctor or dentist.

Then, get out and explore. Spend a morning walking through Lansdowne Park, wander around Dow’s Lake in spring, or discover your new favourite café in Westboro. Ottawa’s combination of culture, nature, and community makes it a remarkable place to call home.

Your Journey to a New Chapter in the Capital:

A move isn’t just about changing your address. It’s also about entering the next chapter of your life with confidence and excitement.

Whether you’re a first-time buyer or an experienced homeowner relocating within the city, Shara Turner and the team at Sotheby’s are here to guide you through every step. From the first consultation to the final key handover, our goal is to make your transition as effortless as possible.

Let’s make your move not just successful, but meaningful. Reach out today to Ottawa Moving Teams to start your journey. 

The Ottawa Real Estate Board has released its July 2025 statistics, and overall, the market continues to show strength and stability. We’re seeing year-over-year increases in sales, new listings, and average prices—positive signs that confidence remains strong among both buyers and sellers.

That said, it’s important to remember: averages are just that—averages. They don’t always reflect what’s happening in specific neighbourhoods or price points. And let me tell you, July was anything but average in my world!

From rentals to resales, I was right in the thick of an incredibly active market. Multiple offers weren’t the exception—they were the norm.

Here’s a glimpse of what I experienced:

• A rental listing in Orléans received four strong applications and was leased in under a week.

• When helping tenant clients search across Orléans and Ottawa, we had to act fast—every desirable rental had a lineup of qualified renters ready to go.

• My client searching for a semi-detached in Westboro Beach fell in love with a stunning $1.499M home. Just three days on market, and it attracted four offers and sold over asking—without conditions.

• Another client considered a fixer-upper listed at $399K... until we found out there were 18 other offers on the table. Eighteen!

Even my investor clients are navigating a highly competitive space, and my buyers are now more prepared than ever—armed with pre-approvals, documentation, and a strategy to act decisively.

So, what does this tell us?

July was busy, competitive, and full of opportunity—but only for those who were ready. Will August slow down, as it traditionally does, or will this momentum carry straight into the fall market? Time will tell.

In the meantime, one thing is certain: having the right guidance is essential. Whether you're buying, selling, or renting, working with an experienced realtor who understands the nuances of your specific market can make all the difference. From strategic planning to navigating multiple offers, I’m here to ensure you're ready to win—when the right opportunity comes your way.

If you’re thinking about making a move, or just want to better understand your options, I’d love to help.

Wishing you a fantastic August!

Warmly,
Shara Turner
Sales Representative
Sotheby’s International Realty Canada

July 2025 Monetary Policy Update

The Bank of Canada announced today that it will maintain its overnight rate at 2.75%, marking the third consecutive hold since its rate cut in March. The Bank Rate remains at 3.00%, and the deposit rate at 2.70%.

This decision reflects a cautious, data-dependent approach as the Bank continues to assess evolving economic conditions, both domestically and globally. Heightened trade uncertainty—particularly related to shifting U.S. tariffs—remains a key risk factor influencing the Bank’s outlook.

Economic Snapshot: Canada and Beyond

While U.S. trade policy remains unpredictable, recent global economic data shows reasonable resilience. In Canada, the economy contracted in the second quarter of 2025—largely due to a temporary surge in exports earlier in the year, ahead of anticipated tariffs. As expected, this was followed by a sharp drop in export activity. Despite this, the Bank projects a modest rebound in GDP growth (around 1%) in the second half of the year.

Business and consumer spending have slowed amid ongoing uncertainty, but some areas of the labour market remain stable. Canada’s unemployment rate has edged up to 6.9%, and wage growth has continued to moderate.

Inflation Outlook

Consumer Price Index (CPI) inflation rose to 1.9% in June, with underlying inflation hovering around 2.5%. Shelter costs remain the main contributor to inflation, although they are gradually easing. Inflation pressures from tariffs and supply chain adjustments could persist, especially as businesses adapt by finding new suppliers and markets.

Looking Ahead

The Bank’s current forecast scenario assumes tariffs stay at current levels, with inflation stabilizing near 2% and economic slack gradually reducing through 2026–2027. However, if trade tensions escalate, Canada could see further economic contraction. Conversely, a de-escalation would likely support a faster recovery.

In summary, with inflation still elevated, the global trade environment uncertain, and the Canadian economy showing some resilience, the Bank of Canada is holding firm on rates for now. Future interest rate decisions will depend on the path of inflation, trade developments, and broader economic trends.

Curious of what this means for you? Connect with me today and let's explore your options!

Imagine waking up each morning to breathtaking 270-degree panoramic views of the iconic Thousand Islands and the majestic St. Lawrence River. This exquisite 2-bedroom, 2-bathroom penthouse condominium is your opportunity to embrace a lifestyle of luxury, tranquility, and boundless nautical freedom.

Step inside and be welcomed by soaring ceilings and expansive window walls that flood the open-concept living space with natural light. From the marina to the wide-open river beyond, every angle offers postcard-perfect vistas that transform your home into a serene retreat.

Designed with boaters in mind, this exclusive residence comes complete with a private boat slip, giving you direct access to unforgettable adventures. Cruise eastward towards the Atlantic Ocean or navigate north through the historic Rideau lock system from Kingston to Ottawa. With endless boating possibilities at your doorstep, each day becomes a new journey waiting to unfold.

Entertain family and friends on your private wraparound patio, where you can savour river breezes while preparing dinner on the built-in gas BBQ. Inside, refined finishes elevate every moment – from the cozy gas fireplace and built-in speakers to electric blinds and designer lighting that create a perfect ambiance, day or night.

The chef’s kitchen is a showstopper, featuring high-end appliances, sleek designer cabinetry, and a striking waterfall island that invites gatherings and gourmet creations. Additional features include two storage lockers – one of the largest on the floor – and a dedicated parking space for complete convenience.

This is more than a residence; it’s your front-row seat to waterfront luxury in the heart of the Thousand Islands, where boating, relaxation, and spectacular natural beauty become your everyday reality.

🔑 Ready to experience the Thousand Islands lifestyle for yourself?

Contact us today to schedule your private viewing of this unmatched penthouse condo and start living your dream on the water.

There’s something truly blissful about packing up the car and leaving the city behind as you drive along the 1000 Islands Parkway, knowing your waterfront cottage is waiting for you. Imagine arriving in under 1.5 hours from Ottawa, skipping the hassle of ferry rides or long journeys, and stepping directly into your peaceful retreat along the iconic St. Lawrence River.

This fabulous year-round cottage isn’t just a getaway – it’s a lifestyle. Located only 5 minutes from Gananoque and surrounded by highly rated golf courses, scenic bike trails, and endless recreation opportunities, this property offers the perfect blend of relaxation and adventure.

Inside, the main level welcomes you with three spacious bedrooms and a full 4-piece bathroom, ensuring comfort for family and guests alike. The fully finished lower level adds remarkable functionality with a second bathroom, fitness area, and a games room complete with a pool table – perfect for cozy nights in or entertaining loved ones.

Step outside to discover an outdoor oasis thoughtfully designed for effortless enjoyment:

• Double electric jet ski lift for easy water access

• Durable composite decking for low-maintenance living

• Spacious 20' x 10' deck off the dining area, ideal for morning coffees or evening cocktails

• Stamped concrete patio (16' x 15') for dining under the stars

• Waterfront landing (12' x 14') with an adjacent 12' x 12' deck offering unobstructed river views

• Hot tub with privacy screen for ultimate relaxation

• Ample paved parking to accommodate all your family and guests

• New storage shed for your seasonal equipment and recreational gear

• Serene 18' x 6' front deck to greet each sunrise in peace

Whether you’re seeking a quiet retreat to unwind or a four-season cottage to host unforgettable family gatherings, this waterfront property is ready to deliver.

Don’t let another summer slip by without securing your dream cottage.

📞 Call today to schedule your private showing and experience the beauty and lifestyle this St. Lawrence River waterfront cottage has to offer.

🌊 Live Above the Water: Discover This Stunning Luxury Waterfront Condo in Gananoque

Imagine waking up each morning to 270-degree panoramic views of the majestic St. Lawrence River. This is more than a condo – it’s your personal sky home, weekend retreat, and entertainer’s dream all in one.

Welcome to this gorgeous 2-bedroom, 2-bathroom corner residence offering an extraordinary blend of elegance and carefree waterfront living in the charming town of Gananoque, Ontario – less than 1.5 hours from Ottawa.

What Makes This Waterfront Home Truly Exceptional?

✅ Breathtaking 270° Views – South, West, and North exposures fill your living space with endless natural beauty, sunrise to sunset.
✅ Exclusive 44’ Boat Slip – Your large private slip on a secure dock awaits your boat for summer adventures.
✅ Spacious & Elegant Living – Open-concept layout with wide plank hardwood floors, custom lighting, and motorized smart blinds for ultimate comfort.
✅ Gourmet Kitchen & Spa Bathrooms – Cook, entertain, and unwind in luxurious, extensively updated spaces.
✅ Wrap-Around Patio & Deck – Perfect for morning coffees, afternoon lounging, or sunset dinners over the river.
✅ 2 Large Parking Spaces & Storage – Ample room for vehicles, gear, and seasonal belongings.
✅ Dual Control Zones – Individual comfort settings in each part of your home.
✅ Ideal Location – Walk to local cafes, shops, and marinas in Gananoque, while having direct access to the Thousand Islands playground.

Whether you’re searching for a serene sanctuary to recharge or a luxury space to entertain family and friends, this waterfront condo offers the best of both worlds. Wake up to the tranquil sound of the water and end each day watching spectacular river sunsets from your private wrap-around terrace.

✨ Don’t just imagine this lifestyle – live it.

Contact me today to schedule your private showing and experience the elegance, views, and waterfront living you truly deserve.

On May 27, 2025, the Government of Canada introduced a new GST rebate that could put up to $50,000 in tax relief on the purchase of a newly built home, and it’s available for agreements signed on or after May 27, 2025. 

If you're planning to make a move, this incentive may significantly reduce your upfront costs and expand your options in today’s market.  

Key highlights of the First-Time Home Buyers’ GST Rebate: 

• Full GST rebate for homes priced up to $1 million 

• Partial rebate for homes between $1 million and $1.5 million 

• Applies to new builds, owner-built homes, and co-op units 

• Available to Canadian citizens or permanent residents who haven’t owned or lived in a home owned by their spouse/common-law partner in the past four years 

This is a significant update, especially in markets where new home prices often exceed the previous rebate threshold of $450,000.  

Curious whether you qualify or what homes might be eligible? 

I’d be happy to walk you through the criteria, show you qualifying properties, and help you take full advantage of this new opportunity. 

 Please reach out today. I look forward to assisting you.

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totaled 809 units in February 2025. This represented a 10.2%decline from February 2024.

Home sales were 19.1% below the five-year average and 15.4% below the 10-year average for the month of February.

"Ottawa's sales activity moderated while prices held steady," says OREB's President. "Despite increased inventory, market uncertainty continues to influence buyer and seller decisions. Some sellers who had previously delayed listing are now entering the market, contributing to more options for buyers. While demand remains strong in certain price segments, the pace of sales varies, making strategic pricing and preparation key for sellers."

"The Bank of Canada's influence on borrowing power, ongoing economic factors like tariffs, and the potential impact of upcoming elections are also shaping buyer and seller sentiment," adds OREB's President. "As we approach the spring market, we anticipate increased buyer activity, particularly if interest rates trend downward and confidence continues to build."

The benchmark price for single-family homes was $719,800, up 1.3% year-over-year uptick in February. By comparison, the benchmark price for a townhouse/row unit was $438,000,a decline of 11.6% from 2024. The benchmark apartment price was $459,300, a 4.5%gain from the previous year. The average price of homes sold in February 2025 was $669,945, a 1.4% improvement from February 2024.

Call Today for Real Estate Advice & Information!

This morning, I attended a call with Shaun Cathcart, Senior Economist and Director of Housing Data and Market Analysis at CREA, who provided an insightful update and analysis on the current housing market. Mr. Cathcart addressed potential market impacts stemming from the newly implemented tariffs, in a thorough Q&A session. 

We are currently navigating a period of heightened uncertainty, influenced by a complex interplay of economic factors. Potential scenarios include recessionary periods with varying levels of inflationary pressure, with the most concerning being a recession coupled with high inflation. In the coming months we will have a better understanding of which scenario will take hold and thus how it will impact the real estate market in the short term. But as of now, the February stats which will be released by CREA within a week show a deceleration in the Canadian real estate market. 

Despite this deceleration, it is important to maintain perspective and recognize the resilience of the Canadian real estate market. Historically, the sector has successfully adapted to numerous challenges, including: 

• 1997: Introduction of the Harmonized Sales Tax (HST) 

• 2003: Severe Acute Respiratory Syndrome (SARS) outbreak 

• 2007-2008: Global Financial Crisis 

• 2008: Implementation of the Land Transfer Tax 

• 2011: Competition Bureau scrutiny 

• 2020: COVID-19 pandemic 

• 2023: Introduction of the Foreign Buyer Ban 

• 2024: Implementation of the Luxury Land Transfer Tax 

• 2025: Extension of the Foreign Buyer Ban 

• 2025: Introduction of tariffs 

Despite these events, the Canadian real estate market has demonstrated a consistent upward trajectory. While growth rates may fluctuate, the overall trend remains positive. 

In this dynamic environment, a prudent approach involves maintaining vigilance, practicing informed decision-making, and remaining receptive to emerging opportunities. 

Please do not hesitate to contact me with any inquiries. Now more than ever it is imperative that you seek the guidance of a professional and have representation so you can protect yourself and make an informed decision. 

 www.sharaturner.com