The Ottawa housing market kept steady and resilient this May! A welcome 8.8% boost in active inventory gives buyers more options and breathing room, shifting the market to a comfortable 3.29 months of inventory. While overall sales saw a year-over-year dip, prices remained remarkably stable. The overall average sale price held strong at $738,719 (down just 0.9%), while detached homes showed incredible endurance, barely moving at $936,317 (down a mere 0.2%).

Whether you are looking to buy with more choice or sell in a resilient market, it’s a great time to make your move. Swipe through for the full breakdown! 🏡📊

#OttawaRealEstate #MarketUpdate #TeamRealty #RoyalLePage #HomeBuying #YOWHomes #RealEstateNews