Ontario Construction News staff writer
Ottawa’s new home market showed some improvement in February, with sales increasing from both the previous month and the same time last year, according to a recent industry report.
There were 278 new home sales in the capital during February, marking a 6.5 per cent rise from the 261 homes sold in February 2025, based on data released March 23 by the Greater Ottawa Home Builders’ Association (GOHBA) and PMA Brethour Realty Group.
Sales grew by nine per cent compared to the 255 transactions recorded in January.
“While buyers remain cautious, February’s increase could be an early sign of stabilization for the Ottawa market,” Jason Burggraaf, executive director of GOHBA, said in a statement.
Despite this monthly gain, year-to-date sales still fall short of last year’s figures. The 533 homes sold in the first two months of 2026 show a six per cent decline compared to the 567 sales noted over the same period in 2025.
“Market conditions are still adjusting,” Burggraaf said. “Hopefully, recent clarity on the federal tax rebate will drive more sales in the last week of March and into April.”
The city’s south end was the busiest area in February, accounting for 46 per cent of all new home sales. The west end followed with a share of 33 per cent, while the east end contributed to 19 per cent. Central Ottawa continued to see minimal activity, making up just two per cent of sales.
Townhomes were favored by buyers as they represented 54 per cent of February’s sales. Single-family homes accounted for 41 per cent of total sales, while condo townhomes made up three per cent and condo apartments completed the market at two per cent.
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