Ottawa Real Estate Market

CREA MLS® HPI · June 2026

As of June 2026, the typical single-family home reaches 720 000 $, or −0.7 % year over year. The federal public service gives the capital a rare employment stability that cushions the cycles felt elsewhere in the country.

Prices stable. The benchmark price has barely moved over one year.

Benchmark price by property type in Ottawa

Single-family

720 000 $ (−0.7 % year over year)

Condo

384 500 $ (−6 % year over year)

Townhouse

550 700 $ (−3.9 % year over year)

CREA’s MLS® HPI publishes quality-constant benchmark prices; it publishes no sales volume, no active listings and no days-on-market for this region. It also publishes no benchmark for income properties: the third series is a townhouse, and is presented here as such.

How Ottawa ranks in Canada

With a benchmark price of 720 000 $, Ottawa is the 6th most expensive market of 19, or +20.8% above the median of markets covered outside Quebec (596 100 $).

Rental vacancy rate

A vacancy rate of 3.1% in 2025 in Ottawa (source: CMHC).

Asking rents in Ottawa

studio : 1 540 $ · 1 bedroom : 1 890 $ · 2 bedrooms : 2 350 $ · 3+ bedrooms : 2 850 $. Average asking rent for apartments listed for rent (Ottawa CMA, 2026-01, experimental estimates from Statistics Canada). Asking rents run higher than the average rent of an occupied stock: read this as a market ceiling, not as income already earned.

Frequently asked questions

What is the price of a home in Ottawa?

In June 2026, the benchmark price of a single-family home in Ottawa is 720 000 $ (−0.7 % year-over-year), according to CREA's MLS® Home Price Index.

Does the Ottawa real estate market favour buyers or sellers?

Prices stable. The benchmark price has barely moved over one year.

What is the price of a condo or a townhouse in Ottawa?

In June 2026, the benchmark price is 384 500 $ for a condo and 550 700 $ for a townhouse in Ottawa. CREA publishes no benchmark for income properties.

Where does this data come from and how often is it updated?

Figures come from the MLS® Home Price Index published monthly by the Canadian Real Estate Association (CREA). They are benchmark prices for a typical property — a quality-constant measure, not a median of observed sales — provided for informational purposes.

Source : MLS® Home Price Index, Canadian Real Estate Association · June 2026.