A Recap of June in Ottawa
The Ottawa real estate market is shifting into a more balanced rhythm, making it the perfect time to reset, refocus, and get clear on your next move.
Ottawa Market Snapshot - June 2025
The numbers are in, and Ottawa’s real estate market is picking up steam. June saw a 10.6% increase in home sales compared to last year, with more listings hitting the market and more buyers re-entering the search.
Single family homes are moving quickly, with strong demand and rising prices.
Townhomes remain a smart, stable buy - especially for first-time buyers.
Condos are softening, offering buyers more leverage and time to negotiate.
With more inventory and steady mortgage rates, summer is shaping up to be a great planning window for a fall move. Whether you’re thinking of buying, selling, or just curious where you stand, this is the time to get your game plan together.
Read more from Vineet Kauden here.
Re/Max Summer Classic
We had a great time at the Re/Max Summer Classic game and were proud to come in second!
Real Estate News
Interested in hearing more from our agents about real estate? Let’s dive into some of our top blog posts this month:
Thinking about buying a condo in Ottawa? Here’s what no one tells you.
While condos are often seen as the ‘easy’ way into the market, there are a few things buyers don’t usually find out until after they’ve moved in. For example, not all condo fees are created equal, your sunset view might not last forever, and that parking space you saw in the listing? It might not even be included. From reading the status certificate to understanding the building’s personality, knowing what to look for can save you a lot of money and stress.
Not sure where to live in Ottawa? Take our neighbourhood quiz.
Ottawa has something for everyone. Historic homes, trendy condos, quiet suburbs, and everything in between. But with so many great areas to choose from, how do you know where to start? We’ve build a fun and simple quiz to help you figure out which neighbourhood fits your lifestyle, whether you’re all about walkability, green space, or great local coffee. It only takes a minute, and your result might surprise you.
Here’s how to figure out what you really need in a home:
Whether you’re buying your first place, upsizing, or downsizing, figuring out what you actually want in a home can feel overwhelming. Do you need that second bathroom? Is location more important than space? What really matters - and what can wait? Our latest blog post walks you through exactly how to clarify your home search, with a simple breakdown of must-haves, nice-to-haves, and things you can live without. We also cover key questions to ask yourself before you start touring homes, plus tips on how to stay flexible without losing sight of what’s really important.
FirstList (formerly Knokd)
Discover the hidden world of off-market real estate with FirstList! Did you know that 1 in 3 properties are shared off the public market as "Coming Soon" or "Exclusive"? Gain access to this exclusive inventory and elevate your home search or listing strategy today!
FirstList offers personalized approaches tailored to your needs, providing targeted and discreet exposure for listings before they hit the open market. Say goodbye to one-size-fits-all listings and hello to a customized real estate experience.
Contact your agent for more information on listing your property exclusively!
Ourboro
At New Purveyors, we're excited to introduce Ourboro's co-investment partnership—a game-changing solution to expedite your path to homeownership. By co-investing with Ourboro, you can secure a 20% down payment without additional debt, gaining access to expert guidance and a competitive edge in the market. Contact us to learn more and unlock your dream home sooner!
Neighbourhood Monthly Statistics
The delayed spring market finally showed up, making this the busiest June in years. Home sales rose 10.6% compared to June 2024, with 1602 properties sold and nearly 3000 new listings hitting the market. Inventory is growing, giving buyers more options, while average prices remain stable - $707,600 for single-family homes and $411,500 for apartments.
Condos are feeling the pinch with sales down about 20% year over year, but overall, Ottawa’s market remains balanced with 2.7 months of inventory and homes selling in just 19 days on average.
Expect summer to stay active, with momentum likely to build again heading into the fall.
To learn more, check out our full blog post HERE
Pet of the Month
This is Luke’s brand new kitten - who doesn’t currently have a name! Please respond to this email with ideas - he’d love the help.
The kitten is 9 weeks old and is a rescue from Ottawa Stray Cat Rescue. His litter was entirely black and white, and he is extremely friendly! He likes to speed around the house, and has a very, very small attention span at the moment.
Send us your pets for the chance to be featured next month!
