Ottawa Real Estate Market Update – February 2026 | Balanced Market, Rising Inventory, What’s Next?

Описание: Get the latest Ottawa real estate market update for February 2026. In this month’s OREMU report, Dave Robertson breaks down the newest Ottawa Real Estate Board (OREB) statistics — including sales, prices, inventory, and what the data suggests for the 2026 spring market.

📊 Key Highlights from January 2026:

610 homes sold (↓ 5.6% year-over-year)

Average sale price: $641,436 (↓ 4.5% YoY)

Active listings: 2,673 (↑ 22.7% YoY)

Months of inventory sitting at 4.4 → a balanced market

Detached homes remain the most stable

Townhomes gaining buyer leverage

Condos showing early signs of improved absorption

🏡 Property Type Breakdown:

Single-family homes: Stable prices, steady demand

Townhomes: Big gain in listings, modest price softness

Condos: Largest price adjustment, but improving absorption

Overall: Ottawa is starting 2026 in a balanced, not distressed, market

📈 Looking Ahead:
CREA’s 2026 forecast points toward improving activity as interest rates continue to ease. January’s numbers support the potential for a more active spring market as buyers re-engage.

👉 Thinking about buying or selling in Ottawa?
Contact LIFE Real Estate Group for a complimentary strategy session.
📞 613-355-7313
🌐 https://www.lifereg.ca

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