Much like we saw the month before, November 2025 new-home sales remain stalled, numbers in the latest report for the Ottawa-area market show.
There were 297 new-home sales in November, down 29 per cent compared to the 419 sold in November 2024, and just one off the 296 sold this October, according to the Greater Ottawa New Home Market Report prepared by PMA Brethour Realty in partnership with the Greater Ottawa Home Builders’ Association. That performance was almost identical to what we saw in the October report.
“The November 2025 new-home market did not experience the same lift in sales from new releases as seen in the same month last year,” notes PMA Ottawa president Cheryl Rice. “Last month’s sales are being measured against an exceptionally strong November 2024, which benefited from several entry-level product launches.
“Notably, November 2024 figures were inflated by Caivan’s 146 condo-townhome sales, making the year-over-year comparison appear more pronounced.” (In November 2024, Caivan introduced its Summit Series of stacked condo townhomes at Orléans Village and promptly sold out of all the ones released.)
The discrepancy between last year and this year is less pronounced when looking at the year as a whole. From January to the end of November this year there were 3,245 new-home sales, which is down six per cent compared to the 3,464 homes sold in the same period last year. However, that’s still 23 per cent below the 10-year average of 4,228 sales.
“Townhomes — among the most affordable options currently available — continued to be the preferred choice for buyers,” Rice says, adding that strong activity was recorded in the communities of The Conservancy (Caivan), with 14 sales, and Northwoods (Mattamy Homes), with 11 sales. Townhomes accounted for 53 per cent of the homes sold in November.
“Builders continue to stimulate demand by targeting first-time buyers through full tax-waiver incentives,” Rice says. “These programs are intended to help restore some momentum to the market, even as activity begins to taper off during December’s typical seasonal slowdown.”
