Is the Bottom Really In? | Ottawa Real Estate Market Update | September 2026

Ottawa’s real estate market took a bit of an August vacation. Sales dropped sharply across both freehold and condo properties, inventory climbed significantly, and Ottawa’s condo market officially moved into buyer’s market territory. But at the same time, the average sale price of a freehold home hit the highest level ever recorded for the month of August. So… what exactly is going on? In our September 2026 Ottawa Real Estate Market Update, we break down the latest sales, prices, inventory levels and market trends for both freehold homes and condos — and explain why today’s buyers are becoming increasingly selective about what they’re willing to pay for. We also take a closer look at RBC’s latest prediction that the Canadian housing market has officially “hit the bottom” — and why broad claims about the “Canadian real estate market” might not be particularly useful when real estate is ultimately local. If you’re thinking about buying or selling a home in Ottawa, or you simply want a better understanding of where the market is actually heading, this one’s for you. 📅 Book a discovery call: https://calendly.com/sergepapineau 📲 Serge Papineau The Papineau Group | REAL Broker 613-868-6652 serge@sergepapineau.com] https://thepapineaugroup.com Chapters: 0:00 Intro 0:54 Coming Up This Month 1:04 Meet the Team 1:27 Freehold Market Update – August 2026 6:41 Condo Market Update – August 2026 13:32 RBC's Housing Market "Bottom" Call 18:03 Final Thoughts & Contact Info #OttawaRealEstate #OttawaHousingMarket #OttawaRealtor #OttawaHomes #RealEstateMarketUpdate #CanadianRealEstate #OttawaCondos #OttawaHousing #HelpingYouWin