11/06/2026
📊 Floyd Team Market Update 🏡
October Market Review
Top 3 Takeaways from October 2026 Y/Y
✔️ Sales were down 10.7% (-12.5% singles, -3% towns, -23.3% apartments) �✔️ A total of 11,355 homes have sold in 2026, down 7.3% YTD Y/Y�✔️ Downward pressure on pricing with average and median pricing falling approximately 4%
What does this mean?�➡️ Ottawa’s market continues to lean in favour of Buyers with plenty of choice and leverage�➡️ Affordability is impacting transaction volume and demand is not returning simply because of softening prices
➡️ October had better balance than September but this was not due to demand, rather supply
➡️ Buyer Psychology is changing and it is much easier to walk away or not pursue favourable transactions
➡️ Attention needs to be pointed towards pricing as consumer confidence weakens
Whether you’re planning a move soon or just staying informed, keep in touch with us!
📩 DM the Floyd Team anytime for coffee and a real estate chat!
Floyd Team