Ottawa’s real estate investment markets remain subdued. Like other Canadian markets, commercial property sales in the city fell in the first quarter of 2025 compared to 2024 levels. Transaction activity remained low during the second quarter as well. Both quarters represented a roughly 50% drop relative to average quarterly property sales volumes since 2019.
Ottawa commercial real estate sales remain in the doldrums so far in 2025
After reaching robust sales levels in 2024, property investors remain cautious ahead of expected cap on public service hiring
CoStar Analytics
July 10, 2025 | 9:59 P.M.
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