Skip to content
Housing Market Insider
Compare markets

Ottawa–Gatineau vs Calgary

Every current official measure published for both metros. Figures from different reference periods are flagged; measures missing for either metro are left out.
MeasureOttawa–GatineauCalgaryReference period
New housing price indexOntario part of Ottawa–Gatineau only162.3+1.0%129.70.0%Sep 1, 2026
Housing starts (last 12 months)14,228 units+16.1%24,403 units−12.4%Sep 1, 2026
Completions (last 12 months)13,319 units+16.0%23,827 units−6.8%Sep 1, 2026
Homes under construction21,758 units+4.1%26,252 units+2.1%Sep 1, 2026
Rental vacancy ratePurpose-built apartments (6+ units); annual October survey.3.40%+0.9 pts5.00%+0.2 ptsOctober 2025 survey
Average rent, 2-bedroomPurpose-built rentals (row and apartment, 3+ units); annual October survey.$1,757+4.3%$1,908+1.7%October 2025 survey
Asking rent, 2-bedroom apartmentOntario part of Ottawa–Gatineau only. Experimental estimate from new listings; not what sitting tenants pay.$2,360−2.9%$1,890−6.4%Apr 1, 2026
Unsold new homes (unabsorbed inventory)Completed homeownership and condo units not yet sold or rented; excludes purpose-built rentals.209 units+8.3%1,412 units+51.7%Sep 1, 2026
New homes absorbed (last 12 months)1,375 units−11.9%8,174 units−8.6%Sep 1, 2026
Population1,700,014 persons+2.3%1,836,012 persons+2.9%Jan 1, 2025
New homes completed per 100 added residentsDescriptive ratio of new supply to population growth; not a measure of need.35 per 10046 per 100Sep 1, 2026
Completions per 1,000 residents7.8 per 1,00013.0 per 1,000Sep 1, 2026
Starts per 1,000 residents8.4 per 1,00013.3 per 1,000Sep 1, 2026
New housing price index
Rental vacancy rate
Average rent, 2-bedroom
Asking rent, 2-bedroom apartment

All Ottawa–Gatineau dataAll Calgary dataCompare other metros