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 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 1,103 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

We’re thrilled to announce that Emily Witzman has joined the TRU Realty team! Emily is a passionate and dedicated real estate agent who brings a wealth of experience and a keen eye for quality craftsmanship to every transaction.

With a background working in the warranty, sales, and contract departments of some of the biggest industrial and new home construction companies, Emily knows how to spot quality design and ensure her clients make informed decisions. She’s committed to finding homes that truly fit her clients’ needs, whether they’re first-time buyers, growing families, or seasoned investors.

Emily’s journey into real estate has already been marked by success. In just the first six months of her career, she helped six happy clients find their new homes and guided her first sellers to a successful sale in under 30 days. Her commitment to honesty, clear communication, and stress-free transactions makes her a perfect fit for TRU Realty’s values.

As a mom of two young boys, Emily understands the importance of finding a home that works for every stage of life. Whether you're buying, selling, or investing, you can count on her to be there every step of the way with care and expertise.

Emily chose TRU Realty because of our flexibility, value, and supportive management—and we couldn’t be happier to have her on board. Welcome, Emily! We’re so glad you’re part of the TRU family.

We’re excited to welcome Vamsi Pulagam to the TRU Realty team! 🎉

As an experienced Realtor and property investor in the Ottawa area, Vamsi brings a deep understanding of the local real estate market. His expertise spans buying, selling, and leasing residential properties, making him a valuable resource for homeowners, investors, landlords, and tenants alike.

With a strong focus on personalized service and maximizing value, Vamsi is committed to guiding clients through smooth and successful real estate transactions. His in-depth knowledge of Ottawa’s neighbourhoods, market trends, and investment opportunities ensures that his clients receive expert advice tailored to their needs.

When asked why he chose TRU Realty, Vamsi highlighted our Management, Commission Plan, Value, and Flexibility—all key factors that align with his commitment to delivering top-notch service.

Please join us in welcoming Vamsi to the TRU Realty family! If you’re looking to buy, sell, or lease a property in Ottawa, connect with him today.

The number of homes sold through the MLS® System of the Ottawa Real Estate Board (OREB) totalled 617 units in January 2025. This was a 4.2% decrease from January 2024.

Home sales were 13% below the five-year average and 9.6% below the 10-year average for the month of January.

“Ottawa’s market is seeing increased activity as more listings hit the market and buyers start to re-engage,” says the OREB President. “Many buyers and sellers had been waiting for more conducive market conditions, but with the recent rate cut and potentially lower interest rates on the horizon, optimism is growing. While there’s more supply, the availability of suitable properties in various market segments remains tight. This is reflected in some homes selling quickly while others linger on the market. Sellers should be prepared to price competitively and present their homes in the best light to capture buyer interest in this evolving market."

“The recent Bank of Canada rate cut, the introduction of U.S. tariffs, along with upcoming provincial and federal elections, introduce factors of variability. That said, confidence is growing, and more buyers are expected to return to the market in the coming months, leading to an increase in transactions.”

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 $649,900 in January 2025, an increase of 5.2% from January 2024.

  • The benchmark price for single-family homes was $713,000 up 2.3% on a year-over-year basis in January.

  • By comparison, the benchmark price for a townhouse/row unit was $448,000, down 3.9% compared to a year earlier.

  • The benchmark apartment price was $436,900, up 4.5% from last year.

• The average price of homes sold in January 2025 was $670,258, increasing 5.8% from January 2024.

• The dollar volume of all home sales in January 2025 was $413.5 million, up 1.3% from January 2024.

OREB cautions that the average sale price can be useful in establishing trends over time but should not be used as an indicator that specific properties have increased or decreased in value. The calculation of the average sale price is based on the total dollar volume of all properties sold. Prices will vary from neighbourhood to neighbourhood.

By the Numbers – Inventory and New Listings:

• The number of new listings saw an increase of 3.0% from January 2024. There were 1,359 new residential listings in January 2025. New listings were 14.1% above the five-year average and 9.3% above the 10-year average for the month of January.

• Active residential listings numbered 3,312 units on the market at the end of January 2025, a gain of 57.3% from January 2024. Active listings were 90.6% above the five-year average and 48.9% above the 10-year average for the month of January.

• Months of inventory numbered 5.4 at the end of January 2025, compared to 3.3 in January 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 are thrilled to welcome Meghan Edwards to the TRU Realty family! Meghan brings with her over 15 years of experience in the real estate industry and an unwavering passion for helping clients achieve their dreams. Her decision to join our brokerage was inspired by TRU Realty’s commission plan, value, and flexibility—qualities that perfectly align with her commitment to delivering exceptional service.

Meghan is not just a seasoned Realtor; she’s someone who truly loves what she does. Her approach to real estate goes beyond transactions—it’s about making a meaningful difference in the lives of her clients. Whether you’re buying or selling a home, a condo, an investment property, or a rural retreat, Meghan’s wealth of knowledge and dedication ensures you’ll receive personalized, expert guidance every step of the way.

With a focus on educating her clients about the current market and providing insights into future trends, Meghan empowers buyers and sellers to make confident, informed decisions. Her exceptional negotiation skills, prompt communication, and tailored strategies for navigating today’s competitive landscape—including multiple-offer situations—set her apart in the industry.

Meghan’s attention to detail and unwavering commitment to excellence have earned her a reputation built on trust and satisfaction. She takes pride in exceeding expectations and providing a level of service that inspires confidence and loyalty. Meghan’s dedication extends to the friends, family, and colleagues of her clients, ensuring they receive the same outstanding care when referred to her.

Please join us in welcoming Meghan Edwards to TRU Realty! We are excited about the expertise and passion she brings to our team and look forward to seeing the incredible impact she will have on our clients and community. If you’re ready to embark on your real estate journey, Meghan is here to guide you every step of the way. Feel free to reach out to her to discuss your goals and how she can help you achieve them!