Ottawa vs Vancouver: Home Prices and Housing Market Compared
In September 2026, the average home in Greater Vancouver sold for $1,225,426, 79% more than the $685,640 average in Ottawa. Over the past year, the average price fell 1% in Ottawa and 2.3% in Greater Vancouver. A condo averaged $431,645 in Ottawa and $759,995 in Greater Vancouver. Both are buyer's markets. On a home at the average price, a buyer pays $10,188 in Ottawa and $22,509 in Greater Vancouver.
In this comparison, Vancouver is Greater Vancouver, as its local board reports it.
Side by side
| OttawaSeptember 2026 | Greater VancouverSeptember 2026 | |
|---|---|---|
| Price | $685,640 average | $1,225,426 average |
| Yearly change in price | -1% | -2.3% |
| Homes sold | 1,010 (-6.6% yearly) | 1,717 (-8.4% yearly) |
| Detached / single-family | $823,449 | $1,895,496 |
| Condo / apartment | $431,645 | $759,995 |
| Days on market | 27 days median | n/a |
| Market conditions | Buyer's market (34.5% sales to new listings) | Buyer's market (10% sales to active listings) |
| Months of inventory | 4.8 | n/a |
| Land transfer tax at that price | $10,188 | $22,509 |
Latest month of each report. Prices are averages of all homes sold unless marked; conditions come from the sales-to-new-listings ratio (a buyer's market below 40%, a seller's above 60%), or for Greater Vancouver's region from sales to active listings (below 12% and above 20%). Land transfer tax is worked out on the price in the first row with the land transfer tax calculator, before any first-time buyer rebate.
Ottawa vs Vancouver Housing Market: Quick Answers
Is Ottawa more expensive than Vancouver?
No. In September 2026, the average home in Greater Vancouver sold for $1,225,426, 79% more than the $685,640 average in Ottawa.
Are home prices going up in Ottawa or Vancouver?
Over the past year, the average price fell 1% in Ottawa and 2.3% in Greater Vancouver.
Is it easier to buy in Ottawa or Vancouver?
Neither has the edge. Both are buyer's markets.
Full reports and tools
- Ottawa housing market report
- Greater Vancouver housing market report
- City vs City affordability comparison: what the same income buys in each city
- Land transfer tax calculator, with first-time buyer rebates
More comparisons
- Toronto vs Vancouver
- Toronto vs Calgary
- Vancouver vs Calgary
- Calgary vs Edmonton
- Toronto vs Montreal
- Montreal vs Quebec City
- Montreal vs Gatineau
- Quebec City vs Gatineau
- Toronto vs Ottawa
- Ottawa vs Montreal
- Ottawa vs Calgary
- Ottawa vs Edmonton
- Ottawa vs Winnipeg
- Ottawa vs Halifax
- Ottawa vs Kitchener-Waterloo
- Ottawa vs Hamilton
- Ottawa vs Gatineau
- Mississauga vs Brampton
- Markham vs Richmond Hill
- Oakville vs Burlington
- Kitchener vs Waterloo
- North Vancouver vs West Vancouver
- Hamilton vs Burlington
The statistics on this page belong to the Ottawa Real Estate Board (OREB) and the Greater Vancouver REALTORS® (GVR). You may quote them with credit and a link: see using our data.
The information presented on HousingPortal.ca is intended for general illustrative purposes only. While the information is believed to be reliable, it cannot be guaranteed for accuracy, completeness, or currency. Neither HousingPortal.ca and its employees, nor any other party identified in this guide/report, assumes any liability for the information provided. The views and opinions expressed by the analysts at HousingPortal.ca are their own and should not be considered as investment advice. It is recommended that you seek the advice of a licensed real estate professional before making any decisions regarding real estate investments.