Why Fall is a Smart Time to Buy a Home in Ottawa (Yes, Even in 2025)

When most people think about buying a home, spring and summer usually come to mind. But here’s the truth: fall might be Ottawa’s most underrated home buying season.

If you’re thinking of making a move this year, don’t count out the cooler months. In fact, fall 2025 may give serious buyers a better chance at scoring the right property—at the right price—without the chaos of peak season.

Here’s why.

1. Less Competition Means More Opportunity

By fall, many of the casual buyers have dropped off. Families who wanted to move before the school year are settled. That leaves the market a little less crowded—and a little less cutthroat.

This can work in your favour, especially if:

• You’re tired of bidding wars.

• You need time to think before making a decision.

• You’re looking for sellers who are motivated to close before the holidays.

2. Sellers Are More Willing to Negotiate

Homes that didn’t sell during the spring or summer rush may now come with price reductions or flexible closing dates. Sellers might be more open to offers that include conditions, like home inspections or financing, which can give you peace of mind during the process.

3. You Can See the Home in Real Conditions

Unlike summer, when everything looks picture-perfect, fall shows a home’s true character. You’ll notice how the home handles:

• Rain and drainage issues

• Insulation and temperature control

• Leaf-covered yards and maintenance needs

It’s the season where flaws can’t hide behind sunny weather and staging, which means you’re buying with your eyes wide open.

4. Mortgage Rates Are Still Competitive

While rate changes always depend on economic factors, many buyers in 2025 are watching for any signs of rate stabilization or slight decreases. Fall often brings updated Bank of Canada guidance—and the potential for slightly better borrowing conditions.

(Pro tip: Get pre-approved before you fall in love with a home. It strengthens your offer and protects you against sudden rate changes.)

5. You’ll Move Before Winter Hits

No one wants to move in the middle of an Ottawa snowstorm. Fall gives you just enough time to secure a home and settle in before the first snowfall. And if you’re a planner? You’ll be unpacked in time for the holidays.

Thinking of buying this fall?
The New Purveyors team is here to walk you through the market, your options, and the steps to make a confident purchase. Whether you're upsizing, downsizing, or buying for the first time—we’ll make sure you’re ready.