Ottawa Real Estate News
Ottawa
Tariffs, Weak Canadian Dollar Cool U.S. Real Estate Demand from Canadians
Searches by Canada-based users on Redfin.com for U.S. homes dropped 26.4% year-over-year in May 2025, according to a new report from the tech-enabled brokerage.
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.
