TRU Realty is proud to welcome David Strutt to our growing team of dedicated real estate professionals.

David brings with him a rich and fascinating background that seamlessly bridges two worlds—high tech and high design. With over 40 years of experience in the technology sector, including senior roles at industry giants like IBM and Cognos, David built a reputation for visionary leadership and technical excellence. As a former Chief Architect, he understands what it takes to manage complex systems, think strategically, and execute with precision—skills that now directly benefit his real estate clients.

But real estate is in David’s blood. His father, the renowned Canadian architect James Strutt, helped shape Ottawa’s skyline, designing everything from the original airport terminal to landmark churches and commercial spaces. He was also a founding force behind Carleton University’s School of Architecture. David grew up immersed in this world, in a one-of-a-kind home nestled in Gatineau Park—famously the only private residence ever permitted along Mountain Road in Chelsea.

With such deep roots in both architecture and innovation, David brings a truly distinctive perspective to real estate. He understands not only how homes function, but also how they should be designed and valued. His passion, professionalism, and analytical approach make him a trusted guide for clients navigating today’s market.

Please join us in welcoming David to TRU Realty. We’re excited to have him on board as we continue “Defining Professionalism in Real Estate.”

We’re proud to welcome seasoned Realtor® Loren Myers to TRU Realty!

With a reputation built almost entirely on word-of-mouth referrals, Loren brings a level of discretion and professionalism that’s rare in the industry. His focus on high-end homes and discerning clientele speaks to his ability to deliver a truly personalized, concierge-style experience — the kind of service that earns trust and long-term relationships.

Loren’s deep knowledge of Ottawa’s luxury market and his calm, confident approach make him a natural fit for TRU Realty. He’s a true professional who understands the value of privacy, precision, and performance, and he brings those qualities to every client interaction.

At TRU Realty, we strive to provide the kind of brokerage support that allows agents like Loren to elevate their service even further. We’re thrilled he chose our team for the flexibility, value, and professionalism we’re known for.

Welcome, Loren — we’re excited to have you with us!

A total of 1,602 homes were sold through the MLS® System of the Ottawa Real Estate Board (OREB) in June 2025. This marks an 11.34% decrease from the previous month, but a more modest 10.6% increase compared to June 2024 and sits 3.8% above the five-year average.

“This was the busiest June we've seen in quite some time, with sales up 10.6% and new listings rising nearly 14% year over year, signifying we did, in fact, experience a delayed spring market,” says the OREB President. “We’re seeing more inventory hit the market, giving buyers more choice. With the changing market conditions, sellers need to be future-focused—pricing thoughtfully and preparing their homes to be one of the top picks in their area.”

“Apartments are one segment that continues to feel the strain, with sales down about 20% across Ottawa and inventory building. There is a variety of compounding factors in play here, including an increase in new construction, elevated financing costs and rising strata fees reducing affordability, especially for first-time buyers, but also, we’re seeing neighbourhood-specific factors impacting demand. Still, Ottawa remains a stable market. We’re getting back to familiar seasonal trends—where summer activity will pick up for families looking for a home prior to the school year, and with students returning to the city, a stronger fall is likely ahead.”

By the Numbers – Prices:

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures.

• In June 2025, the overall MLS® HPI composite benchmark price was $634,300 — a 1.6% increase from June 2024.

  • The benchmark price for single-family homes was $707,600, up 1.6% year-over-year.

  • The benchmark price for townhouse/row units** was $467,900, a 9.0% increase from 2024.

  • The benchmark price for apartments was $411,500, representing a 0.6% decline year-over-year.

• The average price of homes sold in June 2025 was $723,152, a 5.2% increase over June 2024.

• The total dollar volume of all home sales in June reached $1.15 billion — a 16.3% increase compared to the same month last year.

By the Numbers – Inventory and New Listings:

• In June 2025, 2,933 new residential properties were listed, marking a 13.8% increase over June 2024. New listings were 6.6% above the five-year average.

• Active residential listings at the end of June totalled 4,350 units, up 11.6% compared to the same month last year. Active listings were 42.6% above the five-year average.

• Months of inventory is at 2.7, relatively the same level as in June 2024. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Courtesy of the Ottawa Real Estate Board

We’re excited to welcome Michael Wood to TRU Realty!

With over a dozen years of experience as a REALTOR®, Michael brings a deep commitment to client care and a passion for doing things the right way. Known for blending cutting-edge technology with classic, hands-on service, Michael has built a reputation for delivering exceptional results and providing the kind of personalised attention every client deserves.

Whether it’s helping clients navigate real estate investments, development opportunities, or buying and selling their next home, Michael insists on first-class service from start to finish. He’s driven by a genuine desire to understand his clients’ needs and tailor each experience to fit.

Michael chose to join TRU Realty because of our commission plan and value, and we’re thrilled to have another professional who shares our commitment to doing more for clients.

Please join us in welcoming Michael to the TRU team!

We’re excited to welcome Eva Pomedli to the TRU Realty team!

Eva brings her passion for real estate and dedication to client service to our growing group of professionals. She chose to join TRU Realty because of our commission plan and the exceptional value we provide to our agents—and we’re thrilled to have her on board!

Eva’s approachable nature and professional presence are evident both in person and through her social media, where she shares helpful insights and a genuine enthusiasm for the industry. Whether you're buying, selling, or just exploring your options, Eva is committed to making the process smooth, informed, and successful.

You can connect with Eva here:
📸 Instagram: @evapomedli
📘 Facebook: Eva Pomedli Real Estate

Welcome to TRU, Eva—we’re glad you chose to grow your business with us!

We’re thrilled to welcome Przemek Kowalski to the TRU Realty team!

Przemek brings a strong work ethic, a passion for helping people, and a genuine commitment to delivering great service—qualities that align perfectly with our core values at TRU Realty. With a keen eye for market trends and a focus on providing clients with honest, reliable advice, Przemek is a great fit for our professional and client-focused brokerage.

When asked why he chose TRU Realty, Przemek pointed to the supportive management, competitive commission plan, and the overall value TRU Realty offers. It’s always exciting to work with agents who recognise the importance of having the right tools and environment to grow their business—and we’re proud to offer just that.

Please join us in welcoming Przemek! We’re excited to see all the great things he’ll accomplish as part of the TRU Realty family.

📲 You can connect with Przemek on Facebook here: Przemek Kowalski

TRU Realty — Defining Professionalism in Real Estate

We’re thrilled to welcome Joanne McNally to the TRU Realty family!

Joanne brings a unique blend of creative vision and hands-on experience to her role as a Realtor. With over 20 years in the real estate space as a design consultant and small business owner, she’s spent her career helping clients unlock the full potential of their homes, both in beauty and value. Her passion for design, paired with her own successful track record in real estate investing, made becoming a licensed Realtor a natural next step.

Joanne joins TRU Realty for the same reasons many others do: our supportive management, competitive commission plan, strong team culture, and unbeatable value. Her eye for potential, whether it’s helping buyers see what’s possible in a home or preparing a property for market, makes her an incredible asset to her clients—and now to our team.

You can follow Joanne’s real estate journey on Instagram at @joannesellsthetruway where she shares insights, design inspiration, and more.

Welcome aboard, Joanne! We’re so excited to see where this next chapter takes you—and your clients.

TRU Realty
Defining Professionalism in Real Estate

We’re excited to welcome Vladimir Davidov to the TRU Realty team!

Vladimir brings a unique and practical perspective to real estate, drawing from years of experience as a licensed master electrician in Ottawa. Having worked extensively in residential construction and renovation, he has a keen eye for the structural and mechanical details that truly make a house a home. His background gives him an edge when helping clients understand the value and potential of a property.

Now transitioning to a full-time Realtor role, Vladimir chose TRU Realty because of our supportive management, strong values, and commitment to professionalism. Our culture of collaboration and efficiency aligned perfectly with his goals as he begins this new chapter.

At TRU, Vladimir is dedicated to guiding clients through every step of the buying or selling process with confidence, clarity, and care. Whether you're purchasing your first home or looking for expert insights into a potential investment, you’ll be in good hands with Vladimir.

Please join us in giving him a warm welcome—we’re proud to have him as part of the TRU team!

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totalled 1,807 units in May 2025. This represented a 33.1% increase from the previous month, but a more modest 14.9% increase from May 2024 and 2.5% above the five-year average.*

“Year-to-date home sales activity remains in line with 2024; however, the 33.1% surge over April 2025 suggests we’re experiencing a delayed spring market,” says the OREB President. “April’s federal election took up real estate in consumers’ minds. Now, we’re seeing a shift in the marketplace, with active listings on the rise and months of inventory holding steady. Buyers appear to be gaining confidence, re-entering the market and transacting. For sellers, however, rising inventory means that competitive pricing and strong presentation are more critical than ever.”

“Compared to markets like Toronto or Vancouver, which are seeing signs of stagnation, Ottawa is holding steady,” adds the OREB President. “Buyers and sellers are still able to transact fairly, with sale prices remaining close to list, even amid broader economic uncertainty. And the Bank of Canada’s recent decision to hold the key interest rate steady may spur more activity, as buyers grow more confident they’re not missing out on further downward movement.”

By the Numbers – Prices:

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures.

• The overall MLS® HPI composite benchmark price was $629,800 in May 2025; a 0.8% rise compared to May 2024.

  • The benchmark price for single-family homes was $700,000, up 0.6% year-over-year in May.

  • By comparison, the benchmark price for a townhouse/row unit** was $446,900, an increase of 3.4% from 2024.

  • The benchmark apartment price was $404,700, a 3.6% decline from the previous year.

• The average price of homes sold in May 2025 was $728,623, a 4.8% increase from May 2024.

• The total dollar volume of all home sales in May 2025 amounted to $1.316 billion, a 20.4% increase compared to the same period last year.

By the Numbers – Inventory and New Listings:

• The number of new listings increased by 8.7% compared to May 2024, with 3,430 new residential properties added to the market. New listings were 15.8% above the five-year average.

• Active residential listings totalled 4,347 units at the end of May 2025, reflecting a 13.5% surge from May 2024. Active listings were 54.2% above the five-year average.

• Months of inventory remained steady at 2.4 in May 2025, unchanged from the same period last year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Courtesy of the Ottawa Real Estate Board

We’re excited to welcome Amit Kumar to the TRU Realty team!

Amit’s real estate journey began in 2021 with the purchase of his first home — a milestone that sparked a passion for helping others achieve the same dream. Since then, he’s dedicated himself to guiding buyers and sellers through some of the biggest decisions of their lives, always with empathy, integrity, and personalised service.

As a first-generation immigrant, Amit brings a deep understanding of the unique challenges many first-time home buyers face, especially those navigating the process in a new country. His ability to connect with clients on a personal level and his commitment to community, including charitable work with organisations like United Way and CHEO, make him a fantastic addition to our team.

Amit was referred to TRU Realty by one of our agents, and he chose to join us because of our commission plan, value, team culture, and flexibility — the very principles that define our brokerage.

Please join us in welcoming Amit to TRU Realty. We’re proud to have him on board!

📍 Ottawa-based
📩 Ready to connect? Reach out to Amit and experience the TRU difference.

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totalled 1,306 units in April 2025. This represented an 18.4% increase from March 2025, but an 11.2% decline from April 2024.

Home sales were 17.6% below the five-year average and 16.2% below the 10-year average for the month of April.

“While April sales were down year-over-year, we saw a healthy month-over-month increase—an encouraging sign of growing momentum as we move through the spring market,” says the OREB President. “Inventory remains at higher levels compared to previous years, indicating a gradual move towards a balanced market.”

“With more certainty following the federal election, buyers are returning with greater confidence—but they're proceeding cautiously, taking their time, including conditions in their offers, and being more selective. Sellers, meanwhile, are adjusting to longer days on market, which makes strategic pricing and thoughtful home preparation more important than ever. If the listing is priced well, shows well, it's moving—and in some cases, it’s even getting multiple offers. Looking ahead, we’ll be watching how the federal government’s recent housing commitments translate into action. Policies aimed at increasing supply, improving affordability, and supporting first-time buyers are welcome steps toward meaningful impact here in Ottawa.”

By the Numbers – Prices:

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures.

• The overall MLS® HPI composite benchmark price was $631,200 in April 2025, a 1.1 % rise compared to April 2024.

  • The benchmark price for single-family homes was $703,200, up 1.0 % year-over-year in April.

  • By comparison, the benchmark price for a townhouse/row unit was $440,000, an increase of 4.4% from 2024.

  • The benchmark apartment price was $404,000, a 2.8% decline from the previous year.

• The average price of homes sold in April 2025 was $707,180, a 0.4% increase from April 2024.

• The total dollar volume of all home sales in April 2025 amounted to $923.5 million, a 10.8% drop compared to the same period last year.

By the Numbers – Inventory and New Listings:

• The number of new listings declined by 3.8% compared to April 2024, with 2,589 new residential properties added to the market. New listings were 2.8% above the five-year average and 5.6% above the 10-year average for the month of April.

• Active residential listings totaled 4,878 units at the end of April 2025, reflecting a 54.2% surge from April 2024. Active listings were 86.9% above the five-year average and 51.3% above the 10-year average for the month of April.

• Months of inventory stood at 3.7 at the end of April 2025, compared to 2.2 in April 2024. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Courtesy of the Ottawa Real Estate Board

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totalled 1,103 units in March 2025. This represented a 6.2% decline from March 2024.

Home sales were 24% below the five-year average and 19.3% below the 10-year average for the month of March.

"The Ottawa housing market in March 2025 remained relatively stable, with sales activity slightly lower than the same period last year," said the OREB President. "However, we’re seeing continued momentum month-over-month as the spring market gains traction. Both buyers and sellers are exercising some caution—likely due to economic uncertainty and the upcoming election—but the current lower interest rates are encouraging more activity as they step off the sidelines."

"Looking ahead, the ongoing trade and tariff concerns could affect new construction and further exacerbate supply challenges. So, it’s critical that the City of Ottawa continues collaborating with key stakeholders. We were pleased to take part in discussions around the proposed New Zoning By-Law, which prioritizes housing options and opportunities to maximize options for Ottawa’s residents.”

By the Numbers – Prices:

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures.

• The overall MLS® HPI composite benchmark price was $626,200 in March 2025, a 2.2% rise compared to March 2024.

  • The benchmark price for single-family homes was $698,700, up 2.7% year-over-year in March.

  • By comparison, the benchmark price for a townhouse/row unit was $431,200, a decline of 8.0% from 2024.

  • The benchmark apartment price was $400,900, a 4.3% decline from the previous year.

• The average price of homes sold in March 2025 was $685,866, unchanged from March 2024.

• The total dollar volume of all home sales in March 2025 amounted to $756.5 million, a 6.2% drop compared to the same period last year.

By the Numbers – Inventory and New Listings:

• The number of new listings rose by 4.1% compared to March 2024, with 2,221 new residential properties added to the market. New listings were 0.7% below the five-year average and 2.2% below the 10-year average for the month of March.

• Active residential listings totaled 4,319 units at the end of March 2025, reflecting a substantial 60.3% surge from March 2024. Active listings were 92.7% above the five-year average and 49.5% above the 10-year average for the month of March.

• Months of inventory stood at 3.9 at the end of March 2025, compared to 2.3 in March 2024. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Courtesy of the Ottawa Real Estate Board