New Row House Construction with wood sheathing and asphalt roof
There’s been a big announcement this week from the Province of Ontario, and it’s one that could have a meaningful impact on buyers—especially those considering new construction.
In partnership with the federal government, Ontario is expanding the HST rebate on new homes for a limited time, with the goal of improving affordability and encouraging more housing development.
More specifically, the province is planning to temporarily remove the Harmonized Sales Tax (HST) on new homes for qualifying buyers. The full 13% tax would be eliminated on homes valued up to $1 million from April 1, 2026 to March 31, 2027.
For homes priced between $1 million and $1.5 million, buyers would still qualify for the maximum rebate of up to $130,000, with the rebate gradually decreasing for higher-priced homes—down to approximately $24,000 for homes valued at $1.85 million.
Let’s break down what this actually means.
What changed? Under this new program, the province is temporarily expanding the rebate structure so that significantly more buyers—and a wider range of home prices—can benefit over a one-year period.
Why this matters From a real estate perspective, this is a pretty strategic move.
New construction has been one of the biggest pressure points in Ontario’s housing supply. Between rising construction costs, interest rates, and slower buyer activity, many builders have pulled back or delayed projects.
This rebate is designed to do two things:
Stimulate demand by lowering the effective purchase price for buyers
Encourage builders to move forward with projects
And in a market like Ottawa—where we rely heavily on a steady pipeline of new housing—this could help bring more inventory online.
What it means for buyers If you’re considering a new build, this is where things get interesting.
A rebate of this size can:
Reduce your upfront cost significantly
Improve affordability on higher price points
Potentially allow buyers to stretch into a better product or location
That said, timing will matter. This is a temporary program, and we’ll likely see increased competition in the new construction space as buyers start to take advantage of it.
The bigger picture This announcement is really about one thing: supply.
Governments at both levels are trying to unlock more housing by making projects more viable and encouraging buyers back into the market.
Will it solve everything? No. But it’s a meaningful step—and one that could create opportunities for buyers who understand how to position themselves.
Final thoughts If you’re thinking about buying a new build this year, this is worth paying close attention to.
There may be a window here where:
Pricing is still relatively stable
Incentives are strong
Inventory is improving
And those three things don’t always line up.
As always, the key is understanding how this fits into your overall plan—whether that’s buying your next home, relocating, or investing.
If you want to walk through how this impacts your specific situation, happy to chat.
Here’s the latest update in our Suburban Statistics Series, featuring insights on the five largest urban neighborhoods in Ottawa. With Ottawa’s spread-out layout, it’s always fascinating to see how each area’s market trends vary. These stats compare MLS OREB sales from January 1 to February 28, 2026, with the same period in 2025.
Here’s the latest update in our Suburban Statistics Series, featuring insights on the five largest urban neighborhoods in Ottawa. With Ottawa’s spread-out layout, it’s always fascinating to see how each area’s market trends vary. These stats compare MLS OREB sales from January 1 to January 31, 2026, with the same period in 2025.
Here’s the latest update in our Suburban Statistics Series, featuring insights on the five largest urban neighborhoods in Ottawa. With Ottawa’s spread-out layout, it’s always fascinating to see how each area’s market trends vary. These stats compare MLS OREB sales from January 1 to December 31, 2025, with the same period in 2024.
The shift has been slow and steady, but November really highlighted where things are heading. Ottawa is still technically sitting in a balanced market, yet different segments are starting to move in very different directions — and some are shifting quickly.
Condo apartments, for example, have climbed to seven months of inventory, a notable jump that firmly places that segment in buyer’s-market territory. (For context, months of inventory measures how long it would take for all current listings to sell if no new ones came on the market.) Seven months means buyers have leverage and plenty of choice.
By contrast, single-family homes are holding steady at roughly four months of inventory, and townhomes are even tighter at around three months — both still within balanced-market conditions. But as always, Ottawa is really a collection of micro-stories. For example, if you’re buying or selling in Westboro, The Glebe, or downtown under $1M, you’re seeing something completely different from the citywide averages. Inventory in these pockets is incredibly tight, competition is high, and well-priced homes are moving fast. So even though the overall market reads “balanced,” your lived experience may feel far more competitive.
Layered on top of all this is the Bank of Canada’s latest decision to hold interest rates steady. This means we’re heading into the new year with what I’d call a neutral rate environment — rates aren’t pushing the market forward, but they’re not pulling it back either. A rate cut would certainly help unlock more momentum (and yes, selfishly, I’d love to see that), especially as inventory builds in certain segments.
If you’re curious about what’s happening in your specific neighbourhood or want a breakdown of recent sales around your home, feel free to reach out anytime. Every pocket of the city is behaving differently right now, and we’re always happy to walk you through it.
We’ll also be sharing a more detailed 2026 market forecast in the next blog post. There’s a lot to unpack, and I’m looking forward to diving deeper with you!
September’s numbers tell an interesting story — we actually saw more sales than last year, which might surprise some people given the headlines. But what really stood out was the jump in new listings, up about 20% year-over-year. That surge has pushed our inventory levels to around four months of supply, the highest we’ve seen in quite some time.
What does that mean? We’re still in balanced market conditions, but if this pace of new listings continues, we could see five or even six months of inventory by winter. As a result, sellers have been making more price adjustments lately. Many are realizing that pricing based on where the market was, not where it is now, can lead to listings sitting longer — and often selling for less once buyers move on.
Much like the stock market, timing matters. It’s tough to let go of yesterday’s high, but success today comes down to smart pricing, strong marketing, and top-notch presentation.
That’s where our team comes in. With shifting conditions, having the right representation is more important than ever. Fun fact: one in two Ottawa transactions involves a Royal LePage agent — a great reminder that experience and strategy matter in this market.
If you’re curious about what’s happening in your neighbourhood or where your home might stand in today’s market, reach out anytime — we’re always happy to help.
In a market where buyers are being choosy and inventory is picking up, it’s more important than ever for your home to stand out. You don’t need a full HGTV-style overhaul—but thinking like a house flipper (even if you’re just selling your personal home) can mean more money in your pocket and fewer days on the market.
This is the moment to flip your own home—and we’re here to show you how.
Start with Strategic Renovations
You don’t have to gut the kitchen or tear down walls to make a big impact. Small updates can go a long way. Think: updated light fixtures, modern faucets, refreshed cabinetry (hello, new hardware!), and swapping out that tired old vanity in the powder room. Focus on areas where buyers’ eyes go first—kitchens, bathrooms, and entryways. We have had clients paint their cabinets this year and the results were amazing. All of the stuff that we suggest would be at least a 5x return plus you would be able to sell your home faster.
Staging: Help Buyers See Themselves There
Staging isn’t just for vacant homes—it’s about creating a lifestyle that buyers can picture themselves stepping into. That might mean rearranging furniture, adding cozy layers, or swapping out personal items for a more neutral, magazine-ready vibe. We work with professional stagers who know exactly how to make a space shine. This is part of our value proposition!!
A Fresh Coat of Paint = Instant Refresh
There’s nothing like a fresh coat of paint to breathe new life into a space. Stick to warm, modern neutrals that photograph well and appeal to the widest audience. In some homes, we have our painter just freshen up some baseboards, while at other times it is more extensive. If you could only do one thing, painting is usually the best return on investment.
Don’t Forget the Outside
Curb appeal still matters. Trim the hedges, power wash the siding, and add a couple of fresh planters by the front door. If your mailbox has seen better days or your house numbers are falling off—those little details can make a big difference. Mulch in the front gardens can also make a huge difference!!
Clean Like You Mean It
A spotless home shows better, feels more cared for, and photographs beautifully. From baseboards to windows, it’s worth investing in a deep clean (and yes, we know amazing pros who can help).
We’ve Got You Covered
This all might sound like a lot—but the good news is, you don’t have to do it alone. We’ve built an amazing network of painters, stagers, contractors, cleaners, and landscapers who we trust with our own homes. Whether you need help picking paint colours or someone to haul away old furniture, we’ve got the resources to make it happen.
When it comes to selling a home, first impressions are everything. That’s why staging is one of the most powerful tools in our real estate playbook. A perfectly staged home doesn’t just look good—it tells a story, invites buyers in, and helps them envision their future in the space.
We recently had the opportunity to work on a condo that was completely vacant when we first listed it. While it had a great space and natural light, it lacked the warmth and personality that buyers are drawn to. That’s when we called in our expert stager, and the results were nothing short of remarkable.
Before: A Blank Canvas
When we first stepped into the condo, it was completely empty—just walls, floors, and windows. While some buyers can see past that, many struggle to picture how furniture will fit, how spaces flow, and how it will feel to live there. Empty rooms can also make a home feel cold and uninviting, making it harder for buyers to form an emotional connection.
After: A Standout Listing
The difference was night and day. Once staged, the condo no longer felt like an empty space—it felt like a dream home. The transformation not only enhanced its visual appeal but also made the listing photos pop, attracting more online views and interest from buyers.
And the best part? It worked. The staged condo quickly stood out in the market, leading to more showings and strong interest from potential buyers.
Why Staging Matters
Staging isn’t just about making a home look pretty—it’s about creating a connection. It helps buyers see the potential of a space and imagine themselves living there. In a competitive market, it can be the difference between a listing that lingers and one that sells quickly.
If you’re thinking about selling your home, don’t underestimate the power of staging. Whether it’s a condo, townhome, or single-family house, we have the resources and expertise to make your home shine.
Curious about what staging can do for your home? Let’s chat and make your property stand out!
Hey everyone, Chris here with a quick update on the Ottawa real estate market! The past few weeks have been eventful, with interest rates dropping, including a significant half-point cut by the Bank of Canada. This shift is already impacting the market—buyers are coming back, multiple offers are returning, and momentum is building.
Here’s what I’m seeing:
Buyer activity is picking up as affordability improves.
Low inventory remains a challenge, with fewer new builds and limited resale options.
Market predictions: A potential shift to a seller’s market in early 2024, with home prices projected to rise by 5-6%.
Every neighborhood is different, so if you’re curious about what’s happening in your area, reach out to my team. Let’s chat about how these changes might impact your real estate goals.
Here’s the latest update in our Suburban Statistics Series, featuring insights on the five largest urban neighborhoods in Ottawa. With Ottawa’s spread-out layout, it’s always fascinating to see how each area’s market trends vary. These stats compare MLS OREB sales from January 1 to October 31, 2023, with the same period in 2024.
