At TRU Realty, our mission has always been to build a brokerage rooted in truth, honesty, and unwavering professionalism. Today, I am immensely proud to announce that we are further strengthening that mission by welcoming Elena Dembinsky to our professional family.

Elena joins us with a proven track record of exceptional client service in the Ottawa and surrounding area. Fluent in both English and Russian, Elena brings a unique, multicultural perspective to our team, allowing her to serve Ottawa’s diverse community with clarity and care. Whether she is guiding a first-time homebuyer through the complexities of the market or helping a family find their dream home, Elena’s approach is defined by her "client-first" philosophy and her passion for making the real estate process as smooth and positive as possible.

What truly sets Elena apart is her dedication to being a trusted advisor. She understands that a home is more than just a transaction; it is a major life milestone. Her commitment to providing honest guidance and representing her clients’ best interests makes her a perfect fit for the TRU Realty brand.

When she isn't busy finding the perfect property for her clients, Elena is an active member of the Ottawa community, often sharing her love for the city’s vibrant local culture and beautiful landscapes. Her enthusiasm for the National Capital Region is infectious, and it fuels her drive to help others call this city "home."

We are confident that Elena’s expertise and integrity will be a tremendous asset to our clients. Please join us in giving Elena Dembinsky a warm welcome to TRU Realty!

Ottawa’s housing market continued its seasonal rebound in April, with activity picking up month-over-month, following a slower winter. Inventory levels, which have been rising since late summer 2025, remain elevated but stable. The spring increase in new listings has added to this supply, giving buyers more choice and flexibility.

The broader economic backdrop remains mixed. The Canadian Real Estate Association (CREA) recently revised its 2026 forecast downward, citing a weaker-than-expected start to the year and renewed inflation pressures, partly driven by rising energy costs. As a result, expectations for both sales and price growth have been tempered, with only modest gains now anticipated nationally.

Interest rate expectations have shifted. Earlier concerns that inflation could lead to rate increases contributed to more cautious buyer behaviour over the winter. With rates now holding steady, that immediate risk has eased. While borrowing costs remain above pandemic-era lows, they are more in line with long-term norms. A more stable rate environment may help reduce hesitation and support a gradual improvement in activity as buyer confidence strengthens.

“We’re seeing the market find its footing after a slower winter,” said the OREB President. “April’s activity reflects a market that is gradually regaining momentum. Buyers are beginning to re-engage, and more listings are helping to keep conditions balanced across most segments.”

Residential Market Activity

In April, 1,336 homes were sold, down 1.9% year over year, but up from 1,075 in March.

New listings rose sharply to 3,258 units (+19.3%), pushing active listings to 4,535 units (+17.2%).

With listings continuing to outpace sales, the sales-to-new-listings ratio came in at 41.0%, consistent with balanced market conditions. Homes are taking slightly longer to sell, with median days on market increasing to 21 days, up from 18 days in April 2025.

Year to date, 3,839 homes have been sold, down 4.4% compared to the same period in 2025. While activity remains below last year’s levels, recent trends suggest that the 2026 market may be gradually strengthening. 

New listings total 8,933 units (+8.5%), while active listings have increased 16.0%.

Prices and Market Balance

Home prices held steady in April. The average sale price was $712,184 (+0.8% year over year), and the median price was $650,000, unchanged from April 2025. Year-to-date, the average price stands at $683,303, and the median price is $630,000, both showing little change compared to the same period last year. 

The MLS® Home Price Index provides additional context, indicating that benchmark prices have begun to stabilize following earlier declines. Most segments recorded modest month-over-month gains, apart from condo-apartments, which continue to lag. This aligns with the broader trend of price stabilization observed over recent months.

Market balance continues to be shaped primarily by supply. Active listings reached 4,535 units in April, up 17.2% year over year, while new listings also posted strong gains.

With a sales-to-new-listings ratio of 41.0% and 3.4 months of inventory, Ottawa remains in balanced territory. Compared to recent years, conditions are less competitive, with buyers benefiting from increased choice and sellers facing more competition.

Months of Inventory

• Single Family: 3.1

• Townhome: 3.0

• Apartment: 4.9

Regional Market Comparison 

Market conditions across Ottawa’s subareas continue to vary.

Ottawa Centre appears relatively stable from a pricing standpoint, but activity has eased. Sales are lower compared to recent years, while inventory has increased, resulting in slower absorption. This is largely due to the area’s higher concentration of condo-apartment units, which has been the softest segment of Ottawa’s market for several months.

Suburban markets across the east, south, and west remain generally balanced. Sales-to-new-listings ratios and inventory levels are within typical historical ranges, although sales activity has moderated in some areas and supply has trended higher. Among these, the western suburbs stand out as the strongest segment, with more consistent sales activity and slightly tighter inventory conditions.

Rural markets continue to operate at a slower pace, with higher inventory levels and longer selling times compared to suburban areas. This results in more buyer-friendly conditions, along with greater variability in pricing data due to lower transaction totals.

Overall, while Ottawa’s market remains balanced at a high level, local conditions vary. Suburban areas are the most stable, with the west currently leading in activity. Central areas are seeing more moderate demand, while rural markets continue to experience slower absorption, contributing to a more varied regional landscape. Those interested in exploring these dynamics further can access the non-HPI report in the monthly stats package here.

Looking Ahead

Ottawa’s spring market continues to build momentum, with activity improving from the slower pace seen earlier this year. While sales have yet to fully offset the winter slowdown, recent gains suggest the market is beginning to regain ground as the season progresses.

Despite ongoing economic uncertainty, Ottawa continues to demonstrate relative stability. Prices have remained in a narrow range, and demand, while measured, continues to support balanced conditions rather than any sharp shift in either direction.

Inventory will remain a key factor to watch. Supply levels have been elevated for several months and continue to build through the spring, giving buyers more choice and increasing competition among sellers. If this trend persists, however, higher inventory could begin to place downward pressure on pricing and influence seller expectations in the months ahead.

Courtesy of the Ottawa Real Estate Board

Ottawa’s housing market showed clearer signs of early spring momentum in March, with sales activity strengthening after a prolonged, slower winter market. While transactions remain below typical March levels, the pace of improvement has accelerated, particularly in the single-family segment.

Inventory continues to rise, but stronger sales are keeping pace with new supply. This is leading to a gradual tightening in market conditions, reflected in declining months of inventory and more consistent absorption across all segments.

Pricing trends also suggest a market that is beginning to firm. The MLS® Home Price Index recorded a second consecutive month of gains across most property types, indicating strengthening underlying values as the spring market takes shape. Overall, Ottawa remains in balanced territory, with momentum building as demand re-engages.

“March’s activity is a clear sign that Ottawa’s market doesn’t move in dramatic shifts,” said the President of the Ottawa Real Estate Board (OREB). “What we’re seeing is a measured, steady return to activity. Inventory is up, sales are improving, and pricing is firming without overheating. We expect a more active and stable market in the months ahead.”

Residential Market Activity

In March, 1,075 residential properties sold in Ottawa, down 4.7% year over year. This marks an improvement from February’s 6.8% decline and signals strengthening demand as the spring market takes hold. While sales remain slightly below recent March levels, they are now within range of prior years: 

• 2025: 1,128 

• 2024: 1,158 

• 2023: 1,072

Total dollar volume of sales reached $744.5 million in March, down 3.8% year over year. Year-to-date, 2474 homes have sold, a 5.7% decline from 2025, while dollar volume at $1.66 billion (-6.5%). Despite this, March showed stronger momentum than earlier in the year, driven in part by single-family homes, which recorded 562 sales, unchanged year-over-year and well above February’s 358.

This increase in activity helped absorb supply. Months of inventory declined to 3.3 in March from 3.8 in February, indicating that while buyers still have choice, sales are keeping a better pace with new listings. 

 Prices and Market Balance

Home prices in Ottawa remained relatively stable in March. The average residential sale price was $692,584, up 0.9% from March 2025, while the median price was $642,000, down 0.5% year-over-year.

Year to date:

• Average price: $670,360 (-0.9%) 

• Median price: $625,000 (-1.1%)

These figures represent an improvement compared to February.

While headline prices show modest movement, the MLS® Home Price Index points to firmer underlying trends. Benchmark prices rose month over month in the composite, single-family, and apartment segments, while townhomes remained stable. Because the HPI adjusts for the mix of homes sold, it provides a clearer view of true price movement and suggests values are beginning to firm. 

Supply continued to build:

• New listings: 2,452 (+7.5%) 

• Active listings: 3,578 (+10.3%) 

Months of Inventory

• Single Family: 3.0

• Townhome: 2.8

• Apartment: 5.5

This indicates tighter conditions in detached and townhome segments, while apartments continue to face higher supply and more price pressure.

Looking Ahead

March data suggests Ottawa’s spring market is taking shape, with improving sales, firmer pricing signals, and more effective absorption of inventory. While activity has not fully returned to long-term averages, the pace of recovery is strengthening.

Rising benchmark prices and declining months of inventory point to gradually tightening conditions within an overall balanced environment. 

CREA’s 2026 outlook anticipates strengthening demand as borrowing conditions ease. Ottawa's recent performance is beginning to align with that trajectory, with early signs of a typical spring pickup now emerging. If current trends continue, the market is likely to see steady momentum in the months ahead, without a sharp shift in balance.

Recent federal and provincial announcements represent one of the most significant aligned housing policy efforts in recent years, and will likely spur activity in Ottawa’s housing market.

At TRU Realty, we have always believed that the future of real estate is built on three unbreakable pillars: Truth, Honesty, and Professionalism. Today, we are very proud to announce that we are strengthening those pillars with the addition of one of Ottawa’s most energetic and dedicated young talents, Yasas Rajapakse, and his formidable team, including Rahul Verma and Eesha Dham.

Yasas joins us with a proven track record of success and a reputation as a "go-getter" who doesn't just list homes, he delivers results. What impressed us most about Yasas and his team is their unwavering commitment to transparency. In an industry that moves as fast as ours, Yasas maintains a "client-first" philosophy, ensuring that whether you are a first-time homebuyer or a seasoned investor expanding a portfolio, you receive straightforward, expert advice every step of the way.

The addition of the Vantage team represents a significant win for our clients. By combining their youthful energy and modern marketing savvy with the established integrity of the TRU Realty brand, we are offering a real estate experience that is as innovative as it is reliable.

We are thrilled to have this powerhouse team under our roof. Their passion for the Ottawa community and their relentless drive to exceed expectations make them the perfect fit for the TRU Realty family.

Looking to make your next move? Connect with Yasas and his team today to experience a higher standard of real estate service!

At TRU Realty, our name is our promise. We define ourselves through truth, honesty, and an uncompromising level of professionalism. Today, I am immensely pleased and proud to announce that Yusuf Dundar has joined our brokerage, bringing a unique and formidable skill set to our Ottawa team.

Yusuf is not your average real estate representative. With a distinguished previous career as an Electrical Engineer and years of experience in the IT industry, he brings a level of technical precision and analytical rigour to the real estate process that is truly rare. Having spent several successful years honing his craft at Sutton Group, Yusuf has chosen TRU Realty as the platform to take his client service to the next level.

"Yusuf embodies the 'TRU' spirit," says the Broker of Record. "His transition from engineering to real estate speaks to his passion for people, while his technical background ensures that his clients' interests are protected with mathematical accuracy and tireless integrity."

A long-time resident of Kanata, Yusuf understands the local market from the perspective of a neighbour, a father, and a professional. Whether he is navigating complex contracts or helping a family find their dream home, his focus remains the same: outstanding service built on a foundation of hard work.

Please join us in welcoming Yusuf Dundar to the TRU Realty family!

TRU Realty is Thrilled to Welcome Rahul Verma to the Team! At TRU Realty, our foundation is built on three unbreakable pillars: Truth, Honesty, and Professionalism. Today, we are immensely proud to announce that we are further strengthening that foundation by welcoming Rahul Verma to our brokerage.

Rahul joins us not just as an agent but as a proven leader in the real estate industry. Having successfully navigated the complexities of the market as a team leader, Rahul brings a wealth of experience in residential sales and a track record of numerous successful transactions. His transition to TRU Realty stems from a shared belief in the value we provide—a commitment to putting the client’s needs first through transparent and ethical service.

“We are always looking for top-tier talent that reflects our brokerage’s dedication to integrity," says the Broker of Record. "Rahul’s background in architectural technology, combined with his success leading a team, makes him an invaluable asset to our clients and our culture. We are thrilled to have him on board."

Rahul’s addition ensures that TRU Realty clients continue to receive the most sophisticated and honest representation in the region. Whether you are buying your first home or selling a long-term investment, Rahul’s expertise and leadership will guide you home. Please join us in giving a warm welcome to Rahul Verma!

Ready to start your real estate journey with a professional you can trust? Connect with Rahul Verma Today!

At TRU Realty, our name is our promise. We take great pride in working with individuals who operate with absolute integrity, transparency, and a relentless drive for excellence. We are thrilled to officially announce that Eesha Dham has joined our growing team of professionals.

Eesha enters the real estate industry with a vibrant energy and a sophisticated understanding of the modern digital landscape. In an era where a property’s online presence is the first, and often most critical impression, Eesha’s mastery of social media marketing ensures her clients’ listings will stand out in a crowded marketplace.

"We don’t just look for agents; we look for partners who represent the future of this industry," says Kevin Saunders, Broker of Record. "Eesha’s dedication to her craft and her natural ability to connect with people make her a perfect fit for the TRU Realty brand. She has immense potential, and we are proud to support her as she builds a legacy of success for her clients."

Eesha’s approach is built on the TRU pillars: Truth, Honesty, and Professionalism. Whether you are navigating your very first home purchase or looking for a marketing-forward professional to list your property, Eesha is ready to deliver results with a personal touch.

Join us in welcoming Eesha Dham!

Ready to start your real estate journey with a fresh perspective? Connect with Eesha today to see how her innovative marketing strategies can work for you.

At TRU Realty, we pride ourselves on attracting professionals who operate with a higher standard of integrity. Today, it is my distinct pleasure to announce that Malcolm Gibb has joined our brokerage—a move that brings a powerhouse of industry experience to our team and our clients.

Malcolm is far from your average real estate professional. As a veteran of the industry who has owned and operated his own real estate brokerage, he brings a "big picture" perspective to every transaction. His deep-seated mastery of the industry’s inner workings, specifically regarding compliance and ethical standards, makes him a perfect fit for the TRU Realty mission of truth and honesty.

Malcolm understands that a successful move requires much more than just a closing signature. It demands meticulous attention to detail, honest communication, and a proactive approach to the logistical challenges of the market. By joining TRU Realty, Malcolm is able to leverage his high-level oversight and "broker-level" scrutiny to the direct benefit of his clients.

Why Malcolm Gibb is the right choice for your next move:

• Expert Oversight: His background as a former owner means he views every contract through a lens of strict compliance and protection for his clients.

• Truth & Integrity: Malcolm chose TRU Realty because our values align with his own: a commitment to the "TRU" facts of every deal.

• Professional Advocacy: His transition from ownership to our team ensures a level of service and advocacy that is truly second to none.

We are honoured that a professional of Malcolm’s calibre has chosen TRU Realty as his home. His expertise is a massive win for our clients and our community.

Ready to make your next move with a seasoned pro? Contact Malcolm Gibb today to discuss your real estate needs!

Ottawa’s residential market entered 2026 on a balanced footing. Inventory levels remain higher than in recent years, giving buyers more choice, while sellers continue to adjust to conditions that reward accurate pricing and patience. Benchmark prices are down year over year across all housing types, with softer conditions most evident in townhouses and apartments. Detached homes continue to show greater price stability. Overall, January’s data points to a market that is operating more evenly, rather than one under broad-based pressure.

“What January is showing us is a market that’s adjusting in a healthy way,” said the President of the Ottawa Real Estate Board. “We’re seeing more choice for buyers, more realism on the selling side, and pricing that’s responding to those conditions without sharp swings. That kind of balance is a sign of stability, not stress.”

Residential Market Activity

In January, 610 residential properties sold in Ottawa, reflecting a typical post-holiday slowdown while also signalling a steadier start to the year. Sales were 5.6% lower than a year ago but remained within the range of long-term January norms. This points to a demand that is still present, even as buyers continue to proceed cautiously amid ongoing affordability considerations. 

Pricing activity also reflected seasonal conditions rather than renewed weakness. The average residential sale price was $641,436, down 4.5% from January 2025, a change consistent with winter market dynamics and a more price-sensitive buyer pool. Recent interest rate reductions have begun to ease pressure at the margins. January’s data suggests their impact is appearing first in buyer engagement rather than completed transactions.

The MLS® Home Price Index provides further context. In January, the composite benchmark price declined modestly month over month, with single-family, townhouse, and apartment benchmarks all posting small decreases.

Prices and Market Balance 

Supply conditions continue to vary significantly by property type. Overall, new listings totalled 1,522 units, up 8.8% year over year, while active listings reached 2,673. This is an increase of 22.7% from last January. Although inventory levels remain elevated compared to recent seasonal norms, growth has slowed, helping to prevent a buildup of excess supply.

With months of inventory at 4.4, Ottawa’s market is operating closer to long-term, pre-pandemic averages. This level of supply is providing buyers with more choice and negotiating flexibility, while still allowing well-priced homes to attract solid interest. Rather than putting sharp downward pressure on prices, current inventory levels are supporting a more balanced market.

Property Type Breakdown

As noted above, differences in market performance by property type continued to shape Ottawa’s market in January.

Single-Family Homes

Detached homes remained the market’s most stable segment, even as winter conditions weighed on overall activity. In January, 276 single-family homes sold, down 13.8% year over year. Supply levels remained comparatively balanced at 4.3 months of inventory, supported by 1,177 active listings and 663 new listings, essentially flat year over year.

Prices softened modestly. The average sale price was $793,874, down 3.6% year over year, while the median price held at $750,000, unchanged from last January. Together, these indicators suggest that detached home pricing is adjusting in an orderly manner. The single-family benchmark price also edged lower year over year, marking a shift from the modest gains seen late last year; the decline remains limited.

Townhomes

Townhome sales rose to 215 units, up 6.4% year over year, while new listings increased sharply to 487, up 45.8% from January 2025 and well above December’s 176 new listings. Active listings climbed to 708, a 67.0% increase year over year.

As supply increased, leverage has shifted modestly toward buyers. Months of inventory rose to 3.3, and pricing reflected this adjustment. The average townhouse sale price was $536,106, down 3.3% year over year, while the median price declined 3.4% to $560,000. The townhouse benchmark price was down 3.2% year over year, but rose 1.0% compared to December.

Apartments

The apartment segment showed a constructive month-over-month shift in January, marking a contrast to late 2025. In January, apartment-condo sales increased to 95 from 78 in December, and months of inventory decreased to 6.8 from 7.9, an indication of stronger absorption.

At the same time, supply expanded meaningfully. New listings rose to 312 from 144 in December, and active listings increased to 647 from 617. In other words, January brought a sizeable seasonal influx of condo listings, but improved sales activity helped prevent a further deterioration in market balance.

Pricing in this segment remains the most sensitive anywhere across the Ottawa market. The average apartment sale price was $388,307, down 12.1% from January 2025 and lower than December’s $401,465. While condo pricing continues to adjust, January’s combination of higher sales and lower months of inventory suggests that conditions may be starting to stabilize.

Months of Inventory

• Single Family: 4.3

• Townhome: 3.3 

• Apartment: 6.8

Looking Ahead

January’s data reflects a familiar winter pattern, with slower sales and cautious buyer behaviour shaped by seasonal factors and ongoing economic uncertainty. At the same time, there are early signs that market conditions are beginning to firm. The apartment segment, in particular, showed improving absorption, with lower months of inventory alongside higher sales and dollar volume.

Townhome activity held up, while detached trends remained steady, reinforcing a market that is segmented by property type but remains largely balanced overall.

This picture aligns with CREA’s outlook for 2026, which anticipates improving conditions as lower interest rates gradually draw more sidelined demand back into the market. January supports a credible case for a stronger spring market if rate reductions continue to ease affordability pressures.

At TRU Realty, our mission is to provide real estate services anchored in Truth, Honesty, and Professionalism. It is with great pride that I announce the addition of Sébastien Malherbe to our brokerage.

Sébastien is a professional who truly understands the weight of responsibility. With an extensive background in strategic advisory and international relations within the federal government, he brings a level of discipline and ethical standards that are second to none. For Sébastien, real estate is not just about transactions; it is about providing the same high-level advisory and transparency that has defined his professional career.

While his academic background (B.Sc and MBA) provides him with a sharp analytical edge, it is his commitment to people that sets him apart. Specializing in residential real estate and investment properties, Sébastien offers his clients a balanced perspective: a sophisticated understanding of market trends combined with a genuine dedication to helping families find their ideal home.

Sébastien’s roots in the National Capital Region run deep. As a family man and a dedicated volunteer with the National Capital Air Cadet Squadron, he is committed to the values of leadership and community service.

We are thrilled to have Sébastien represent the TRU Realty brand. His unique combination of strategic expertise and public-service integrity ensures that our clients are in the most capable hands.

Looking for a real estate partner who values integrity as much as results? We invite you to connect with Sébastien Malherbe today.

Ottawa’s housing market closed out the year with a typical December slowdown in activity.

Sales softened further, reinforcing the cautious tone that emerged this fall. Inventory levels declined, while prices remained broadly stable. Despite a quiet finish in November and December, annual sales in 2025 ended 1.3% higher than in 2024 by total sales, and 4.1% higher than 2024 by total dollar volume, pointing to a year defined by balance and overall stability. 

The year followed an unconventional seasonal pattern, beginning with a delayed spring, transitioning into a steady summer that avoided the usual mid-year dip, and then moderating again through the fall and early winter. 

Ottawa continues to show resilience compared with the price corrections seen in some larger Canadian markets. December data suggest a market that is holding steady, offering buyers more choice while maintaining generally steady conditions. That said, market performance continues to vary meaningfully by property type, with the condo segment remaining the softest area of the market. 

“Even with a quieter finish to the year, Ottawa’s housing market showed real stability in 2025,” said the President of the Ottawa Real Estate Board. “Sales and dollar volume both surpassed 2024 levels despite more moderate conditions through the fall. That balance points to a market driven by fundamentals, not pressure.”

Residential Market Activity

In December, 587 residential properties sold, down 32% from November but consistent with typical December activity when excluding the unusually strong pandemic markets of 2020 and 2021. Since 2018, average December sales (excluding those two years) have been 583 units. While the slowdown reflects normal seasonal patterns, it also points to continued buyer caution. 

On the supply side, new listings declined as expected, and active listings fell from 3,628 in November to 2,544 in December, reflecting the usual holiday-season slowdown. Even so, inventory levels remain elevated compared with recent December norms, continuing the trend seen throughout the fall of increased choice for buyers. 

Since 2022, Ottawa has seen a multi-year trend across all market segments toward higher year-end inventory levels. While seasonal absorption typically limits a sharp buildup of listings in December, it has not fully offset the higher volume of inventory entering the market earlier in the year. Year-to-date active listings in December 2025 were 19% higher than last year, 45% higher than 2023, and 89% higher than in 2022. Months of inventory rose to 4.3, higher than last December and closer to long-term, pre-pandemic averages.

Prices and Market Balance

Prices remained relatively stable in December. The average residential sale price was $658,943, essentially unchanged from December 2024. This follows November’s modest year-over-year increase and reflects a market where prices are being supported, but not driven higher. 

The MLS® Home Price Index offers additional context. The composite benchmark price has declined month over month since the summer, yet still finished 2025 slightly above 2024 levels overall. This suggests price adjustment is occurring gradually at the benchmark level, even as average prices continue to be influenced by the mix of homes sold.

Property Type Breakdown

Market conditions continue to vary meaningfully by property type. 

Single-Family Homes 

In December, detached homes continued to outperform townhomes and condos. Prices remained comparatively stable, with supply balanced at 4.3 months of inventory. The single-family benchmark price posted a 0.4% year-over-year increase, underscoring the resilience of this segment. 

Limited availability and consistent demand continue to support detached homes, which remain the anchor of Ottawa’s market stability. 

Townhomes

Townhomes continue to adjust as inventory levels remain slightly elevated. Sales activity has been more resilient than in the apartment segment, though pricing pressure is becoming more apparent. The townhouse benchmark price declined 3.7% year over year, and the average sale price fell just 1.4%. This gap suggests that softness has been more pronounced at the benchmark level than in actual transactions. Sales mix and sustained interest from first-time buyers, who continue to view townhomes as a more accessible entry point, have helped support average and median prices. 

Apartments (Condos)

The apartment segment remains the softest part of the Ottawa market, with December data reinforcing trends seen in November. Sales activity remained subdued, while months of inventory climbed to nearly eight, well above balanced levels. 

The apartment benchmark price declined on a year-over-year basis, reflecting growing supply relative to demand. While Ottawa has not seen the level of condo oversupply present in larger urban markets, the trajectory remains one to monitor closely. 

Months of inventory:

• Single Family: 4.3

• Townhome: 2.8

• Apartment: 7.9

Looking Ahead

As Ottawa enters the new year, December’s data suggests that any improvement in activity is likely to be gradual rather than immediate. Interest rate relief has helped support confidence, but buyers continue to move carefully, keeping a close eye on broader economic conditions. A period of modest ups and downs within an overall theme of stability appears likely for 2026. 

While close monitoring of the oversupplied condo apartment segment remains important, the broader message for REALTORS® and consumers is consistent: Ottawa’s housing market remains stable, segmented by property type, and increasingly shaped by fundamentals rather than urgency.

Courtesy of the Ottawa Real Estate Board

Finding a real estate agent is easy. Finding an agent who truly lives and breathes the local market, and who puts your interests above all else, is a different story.

At TRU Realty, we are dedicated to building a team of professionals who share our commitment to integrity and exceptional client care. Today, we are excited to officially welcome Nicholas Dupré, REALTOR®, to our brokerage.

With over ten years of experience under his belt, Nick has seen it all in the Ottawa market. He has successfully guided clients through everything from military relocations and first-time home purchases to complex commercial investments and land development projects.

While his resume is impressive, it’s Nick’s philosophy that makes him a perfect fit for TRU Realty. He operates with a "common sense" approach, believing that clear, transparent analysis is better than a sales pitch any day. He is known for the hard work he puts in behind the scenes to ensure his clients’ goals are met.

For Nick, real estate isn’t just a 9-to-5 obligation—it’s a lifestyle. He is the type of professional who spends his free time driving through emerging neighbourhoods, always keeping a pulse on where the market is heading next. When you work with Nick, you aren't just getting an agent; you are getting a dedicated partner who loves this city and understands its potential.

We are incredibly proud to have Nicholas on our team. If you are looking for an advisor with deep experience and a straightforward approach, give Nick a call today.