Ottawa Housing Market: The Number Most People Will Miss (Sept 2026).

Ottawa's benchmark home price fell 2.2% from August to September, the largest monthly drop since 2005. Year over year, it's down just 0.3%. Here's what the September 2026 Ottawa real estate market numbers really mean, for the whole market and for detached homes, townhouses and condos. I'm Mark Belanger, an Ottawa Realtor with Mark Belanger Realty. Every month I break down the Ottawa Real Estate Board (OREB) numbers so you don't have to. ▶ WHAT DOES THIS MARKET MEAN FOR YOUR HOME? Request your home value (your estimate plus your neighbourhood's latest numbers): https://markbelangerrealty.com/whats-... Questions about your next move? Book a 15-minute call: https://markbelangerrealty.com/contac... ━━━━━━━━━━━━━━━━━━━━ SEPTEMBER 2026 AT A GLANCE (OREB) • Homes sold: 1,010 (-6.6% vs September 2025) • Average price: $685,640 (-1.0%) • Benchmark price: $623,500 (-0.3% year over year, -2.2% month over month) • New listings: 2,927 (up 38% from August) • Months of inventory: 4.8 (was 4.1) BY PROPERTY TYPE • Detached: benchmark $705,100, 23 days on market, 4.4 months of inventory • Townhouses: active listings +19.3%, benchmark $546,500 (-2.2% y/y) • Condos/apartments: sales -24.8%, benchmark $380,800 (-6.1% y/y), 7.3 months of inventory Fewer sales, more inventory, prices holding close to last year. One sale for every three new listings shifts leverage toward buyers, and the condo segment is the softest part of the market. ━━━━━━━━━━━━━━━━━━━━ CHAPTERS 00:00 The Number Most People Will Miss 01:00 September 2026 at a Glance 01:45 One Sale for Every Three New Listings 02:30 Average Price vs Benchmark Price 03:45 The Year So Far: Prices, Sales, Inventory 05:10 Detached Homes 06:10 Townhouses 07:05 Condos 08:10 Mortgage Rates and the Bank of Canada 08:35 What It Means for Buyers 09:05 What It Means for Sellers 09:30 What I'm Watching in October SOURCES Ottawa Real Estate Board (OREB), September 2026 and monthly market updates January to September 2026 Bank of Canada Ratehub.ca and nesto.ca, advertised rates October 6-7, 2026 ━━━━━━━━━━━━━━━━━━━━ Mark Belanger | Mark Belanger Realty eXp Realty, Brokerage 613-302-6869 [EMAIL] https://markbelangerrealty.com/?utm_s... General educational content, not financial advice. Market data changes monthly. #Ottawa #OttawaRealEstate #OttawaHousingMarket