Ottawa Real Estate Board

Residential Activity

Residential sales activity in Ottawa slowed in the first quarter of 2022 compared to the first quarter of 2021.

Residential property sales numbered 4,435 units in the first quarter of 2022, down 5.8% compared to the same quarter in 2021.

Sales slowed 12.4% for single detached homes, were down 1.3% for townhouse and row units, and declined 7.2% for apartment units compared to a year earlier in the first quarter.