13 Nov November 2025 Newsletter – Staying in Touch
November 2025 Newsletter – Staying in Touch
Read the full issue of November 2025 Newsletter – Staying in Touch
Happy November!
Hello everyone, November is here and hard to believe a few flakes of snow fell this week and more is to come! Holiday season will be here before we know it. It’s a great time to visit some local craft fairs and think about how you will make your home more festive. Can’t forget to prep your home for the winter and protect your investment.
We all still have time to scroll through social media, listen to podcasts & news, it is easy to become inundated with information, real estate included. Even when you are reading trustworthy real estate news, national headlines do not always reflect what is happening in your neighborhood. Real Estate markets are highly local and influenced by local factors, the housing supply, new build construction and the local economy in hi-tech & government. All play a role in buyer and seller confidence in addition to interest rates. We watch neighborhoods closely and if you are thinking of making a change in the new year, we would be happy to give you an update on your neighborhood.
Overall in October our real estate market in Ottawa remained balanced, with demand slightly tighter to supply. There were 4,232 properties (all housing types) on the market at the end of October, a decrease of 3.6% when compared to September 2025 but still 21.3% higher year over year. The average price for all sold properties in October in Ottawa was $709,002, an increase of 5.7% from last year and a 2.7% increase from September 2025. Months of inventory declined to 3.6 months from 4 months in September. For more market information read our 50 Years of Change and our newsletter.
This month we’ve included:
- An Update on the Ottawa market and Mortgage information: Getting a Mortgage? Terms to Understand
- Articles: Winter Home Maintenance Checklist, Should You Buy a Home That Needs Work, Spreading Holiday Magic at Home
- Community events to enjoy in our city, including many local area holiday craft fairs to check out!
This month we remember our veterans and thank those who continue to serve. Please see the the Royal Canadian Legion’s list of local Remembrance Day ceremonies and if you can please donate to support them.
If you have any questions or are looking for advice about your real estate investment, please don’t hesitate to reach out to us anytime. We would be happy to help.
Joan, Victoria & Luc
Follow us on:
@JoanSmithRealEstateFamily 
@JoanSmithRealEstateFamily
Mrs. Joan Smith 
The Joan Smith Real Estate Family
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