Ottawa Real Estate News
Ottawa
Canada Home Sales Climb for First Time in 6 Months as Market Stabilizes
Canadian home sales posted their first monthly increase since November, rising 3.6% in May from April as activity rebounded in key markets including Toronto, Calgary, and Ottawa, according to data released by the Canadian Real Estate Association (CREA).
Canadian Home Sales Slide in February Amid U.S. Trade Tensions
Canadian home sales saw a significant decline from January to February 2025, as cautious buyers stepped back during the first full month of the ongoing trade war with the United States.
New Tariffs on Canada, Mexico to Impact U.S. Homebuilder Input Costs
This week the U.S. imposed 25% tariffs on its North American partners after a 30-day delay, citing insufficient action against drug cartels. Canada and Mexico immediately announced retaliatory tariffs.
Canadian Home Sales Surge in October, Reaching a Two-Year High
Based on new data from the Canadian Real Estate Association (CREA) shows a 7.7% month-over-month increase in home sales activity through Canadian MLS Systems in October 2024, marking the highest level since April 2022.
