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Now [they're] sitting at about 20 days [median] on market, which is still a really quick figure," he said. The median price for a home in Ottawa, including all types of builds, was $630,000 in 2024.

"During the peak times of COVID in 2021, houses were only taking about seven days to sell. Now [they're] sitting at about 20 days [median] on market, which is still a really quick figure," he said.