Unlike the new-home market, which has been going gangbusters since the introduction of federal and provincial tax rebates this spring, the resale side of housing has not caught fire. The June 2026 resale market continued that slower trend, according to the Ottawa Real Estate Board, although the board stresses the positive side of things, including a balanced market and an elevated supply of homes from which to choose.
Realtors sold 1,518 homes last month through the board’s Multiple Listing Service (MLS) system. That was down almost five per cent from the same month last year, continuing a months-long trend of lower sales compared to a year ago.
June sales were also down from May, although the board noted that’s not unusual as the spring market gives way to the usually slower early-summer one.
Year-to-date sales as of the end of June were more than six per cent lower than in 2025.
Singles led the way
Keeping with tradition in the resale market, sales of single-family homes accounted for the lion’s share of the June market. Realtors sold 879 singles, although that was down almost two per cent compared to the same month last year.
Townhome sales totalled 429, a drop of more than seven per cent compared to a year ago, while condo apartments continued to face a long-running soft market, with only 178 sales, a decline of 14 per cent from the same month last year.
“This reinforces the property-type divide that has been building through the first half of the year,” said the board in a statement. Noting that demand for single-family homes has been steadier, it added, “townhomes and especially apartments have carried more of the market softness.”
Prices and inventory
The average residential sale price last month was $733,648, up more than one per cent from a year earlier.
Singles sold for an average of $880,467, townhomes went for $554,990 and condos brought in an average of $432,199.
New listings increased year over year in June, as did active listings. These figures remain consistent with balanced market conditions, according to the board.
