GOHBA / PMA Brethour Ottawa New Home Sales Report
New home sales slowed down in February, but year-to-date sales are still trending up
March 21, 2025
OTTAWA, ON — New home sales in Ottawa dipped in February with 261 homes sold, marking a nearly 14 per cent decrease from January. However, the Ottawa New Home Market report reveals positive year-to-date figures, with a 3.1 per cent increase compared to the first two months in 2024.
“Even though sales slowed down a bit last month, consumer confidence is holding stronger than expected,” said Jason Burggraaf, executive director of the Greater Ottawa Home Builders’ Association. “With ongoing economic uncertainty and the threat of Trump’s tariffs, we expected to see the numbers dip a little.”
February 2025 new home sales are down 13.9 per cent – a decrease of 42 homes from January when sales were at 303.
Even though February sales are down 17 homes – or 6.1 per cent – compared to the same period last year, it is still a boost of 101 sales from February 2023.
Year-to-date sales are inching ahead of last year, an increase of 3.1 per cent compared to the first two months of 2024.
WHERE IN OTTAWA DID HOMES SELL IN FEBRUARY?
For the third month in a row, South Ottawa continues to be the hottest market for new home sales, with more than half of all sales in February. The area saw 145 sales, representing 56 per cent of the market. The west end remains the second most popular area, with 26 per cent of sales, followed by the east end with 17 per cent. Central Ottawa had only 1 per cent of sales last month.
WHAT TYPES OF HOMES SOLD IN OTTAWA IN FEBRUARY?
The townhome is still the top choice for buyers, representing 48 per cent of all sales. Condo towns were the second most popular home, with 29 per cent of sales, up 16 per cent from last February. Single homes represented 23 per cent of all sales, with condo apartments representing only 1 per cent.
“The rise in condo towns not only last month but over the past year shows the importance of offering diverse housing types that meet the evolving needs of buyers, especially in today’s competitive market," said Burggraaf.
MEDIA CONTACT
For additional questions, or to set up an interview on new home statistics, please contact:
Jason Burggraaf
Executive Director
Greater Ottawa Home Builders’ Association
jason@gohba.ca
ABOUT THE GREATER OTTAWA HOME BUILDERS’ ASSOCIATION:
The Greater Ottawa Home Builders’ Association has been the proud voice for excellence in the home-building community since 1951, and represents over 415 companies in new home construction and professional renovation. Our industry accounts for 37,000 jobs across Ottawa, with $2.5 billion in wages and $5.0 billion in economic investment. Contact Jason Burggraaf, Executive Director, at jason@gohba.ca.
ABOUT PMA BRETHOUR REALTY GROUP
PMA Brethour Realty Group provides specialized services to the building and development industry across Canada, including a full range of sales, marketing, and research services for new homes, resorts, condominiums, and retirement communities on behalf of their builder/developer clients. In partnership with GOHBA, PMA Brethour publishes the Greater Ottawa New Home Market Report, offering the most current, accurate, and reliable market data available on Ottawa’s local housing market. Contact Cheryl Rice, President, at cherylr@pmabrethour.com