09/02/2026
📈 August 2026 Market Update
The August 2026 report shows a mixed Ottawa real estate market, with prices holding relatively steady in detached homes while townhouses and condos continue to face more downward pressure.
🏡 Detached homes: Average price was $919,620, up 0.3% from August 2025. However, sales volume fell 16.1%, with 371 units sold.
🏘️ Row houses: Average price was $582,984, down 4.9%, while unit sales declined 20.9% to 201.
🏢 Condo apartments: Average price was $433,016, up 6.1%, but sales dropped significantly, down 25.3% to 121 units.
The market is showing a clear gap between price resilience and sales activity. Detached properties remain comparatively strong, while row houses and especially condos are experiencing substantially lower transaction volumes. This suggests buyers have more negotiating power and sellers may need to be more strategic on pricing and marketing.
