Ottawa Construction News staff writer
Sales of new homes in Ottawa climbed to a five-year high in August, with builders selling 299 units. That marks a 30 per cent increase over August 2024 and is the strongest sales result for the month in the last five years.
“This marks the best August we’ve seen in five years, showing clear demand and resilience in the market,” GOHBA executive director Jason Burggraaf said in Sept. 18 statement.
“While year-to-date sales are tracking alongside last year, the strength of August reinforces our optimism heading into the fall.”
Townhomes and south-end lead the market
The report provides a detailed breakdown of what types of homes sold and in which parts of the city.
Townhomes continued to be the most popular housing type, accounting for 53 per cent of all sales in August. Single-family homes followed at 35 per cent, with condo townhomes (7 per cent) and condo apartments (4 per cent) making up the rest.