The Buyer's Window: Eastern Ontario Real Estate, August 2026

It's an Opportunity, If You Know Where to Look

Ottawa's residential market held steady heading into the fall, and that steadiness is good news for anyone watching Eastern Ontario. The most recent figures available, OREB's July 2026 report, released August 6, show 1,325 homes sold across the region, essentially flat compared to July 2025, while new listings eased slightly and active inventory remained well above recent historical norms. In our June analysis, we showed how rural Eastern Ontario was outperforming the citywide averages. The latest numbers confirm the region is still holding up, and this time we're pairing them with a real look at what buyers can actually walk into right now.

Quick Answer: OREB's latest report (July 2026 activity, released August 6) shows 1,325 home sales (+0.2% year-over-year), a median price of $635,000 (unchanged), and 3.5 months of inventory, up from 3.2 a year earlier. Single-family homes remain the steadiest segment. CMHC's mid-year rental data shows Ottawa's vacancy rate sitting within its historical balanced range, reinforcing a market that is adjusting, not correcting.

What the Latest Numbers Actually Show

MetricJuly 2026July 2025
Homes Sold1,3251,323
New Listings2,5302,550
Active Listings4,6784,279
Median Price$635,000$635,000
Average Price$683,308$694,411 (approx.)
Months of Inventory3.53.2
Sales-to-New-Listings Ratio52.4%N/A

Source: Ottawa Real Estate Board (OREB), "Ottawa Home Sales Hold Steady as New Listings Ease in July," published August 6, 2026, independently confirmed against The Canadian Real Estate Association (CREA) statistics for the Ottawa board.

Single-Family Homes Remain the Steadiest Segment

Single-family home sales rose 5.0% year-over-year to 714 transactions, and the single-family benchmark price was up 0.6% from a year earlier. Townhouse sales declined 4.1% and apartment-style properties were the softest segment, with a benchmark price down 5.2% year-over-year. For a team that works primarily in single-family, farm, and rural properties, this divide matters: the segment we know best is also the one showing the most price discipline right now.

CMHC's most recent rental market data adds useful context. Ottawa's overall apartment vacancy rate sat at 3.0% in 2025, within CMHC's estimated balanced range of 2.0% to 4.0% for the city, with asking rents easing gradually since Q2 2025. Ownership and rental data both point to the same story: more supply is reaching the market, but nothing points to a broad downturn.

What's Available Right Now Across Eastern Ontario

With more inventory on the market and single-family properties holding their value, this is a genuinely good window for buyers to move with confidence. Here is a sample of what is currently available through our exclusive listings.

$825,000 — 320 Clothier Street W, North Grenville
4 beds, 4 baths, 1,500 sq ft. A single-family home in the segment showing the most price stability regionally this year.
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$599,900 — 128 George Street W, North Grenville
2 beds, 2 baths, 700–1,100 sq ft. An accessible entry point into one of the region's steadiest single-family markets.
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$349,000 — 12830 County 15 Road, Merrickville-Wolford
A rural property opportunity in one of Eastern Ontario's most sought-after historic villages.
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$869,500 — 486 Code Drive, Montague
4 beds, 2 baths, 1,500 sq ft. A rural single-family property in a township where supply-sensitive conditions can favour a well-prepared buyer.
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$1,150,000 — 42 Bridge Street, Mississippi Mills
6,395 sq ft. A standout property for buyers looking beyond the typical residential footprint.
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$124,900 — Lot 3 Watsons Corners Road, Lanark Highlands
Vacant land for buyers who want to build in one of the region's quietest corners while inventory is elevated.
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A Range of Options at Every Price Point

  • Vacant land under $350,000 in Lanark Highlands and Merrickville-Wolford for buyers looking to build
  • Move-in-ready single-family homes between $599,900 and $869,500 across North Grenville and Montague
  • Larger and estate-style properties above $1,000,000 in Mississippi Mills and Ottawa's rural fringe

What This Means If You Are Buying or Selling

If you are buying, the latest data supports moving with confidence rather than urgency. Inventory is elevated and single-family prices are holding, and the sales-to-new-listings ratio improving from 48.8% in June to 52.4% in July suggests demand is absorbing the new supply at a healthy pace.

If you are selling, particularly a single-family or rural property, the fundamentals remain in your favour, but pricing discipline matters more in a market with more competing listings. A property priced accurately for its specific community, rather than to a citywide average, will continue to move well.

FAQ

Is the Ottawa and Eastern Ontario housing market cooling down in 2026?
Not broadly. The latest available data (July 2026 activity) shows sales essentially flat year-over-year and an unchanged median price. Inventory has risen, giving buyers more choice, but single-family prices are holding steady.

Is now a good time to buy in rural Eastern Ontario?
Current data supports it. Months of inventory have risen to 3.5, active listings are up 9.3% year-over-year, and single-family and rural properties remain the steadiest segment for price.

How does the rental market factor into the resale picture?
CMHC's 2026 mid-year data shows Ottawa's apartment vacancy rate at 3.0%, within its estimated balanced range, with asking rents easing since mid-2025.

Whether you're watching the numbers from the sidelines or actively looking for the right property, this is a market where local knowledge makes the difference. Deb Driscoll, Jaime Peca, and Luke Geleynse and the rest of the team track these numbers community by community, not just city-wide. If any of the listings above caught your eye, or if you'd like a breakdown of what's happening in your specific community, reach out and let's talk about it before the fall market picks up.

Sources: Ottawa Real Estate Board (OREB), "Ottawa Home Sales Hold Steady as New Listings Ease in July," oreb.ca, published August 6, 2026. The Canadian Real Estate Association (CREA), Ottawa Real Estate Board statistics, creastats.crea.ca/board/otta, accessed August 2026. Canada Mortgage and Housing Corporation (CMHC), "2026 Mid-Year Rental Market Update," cmhc-schl.gc.ca, published June 9, 2026.

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