Article content

Perhaps it was just a matter of time, but some of the steam has gone out of the housing market in Ottawa’s western districts — from Tunney’s Pasture to Britannia.

While homeowners in these areas still registered year-over-year gains of five per cent to seven per cent for single-family properties sold in June, these were among the smallest increases in the city, according to data published Thursday by the Ottawa Real Estate Board.

We apologize, but this video has failed to load.

tap here to see other videos from our team. Try refreshing your browser, or Ottawa's house prices jump, as supply remains tight Back to video

This marks a sharp change from the pattern of the past couple of years, when price hikes in Westboro and surrounding districts have consistently been among the highest in Ottawa.

Instead, the largest gains for houses sold in June through the multiple listing service occurred in Manotick, Kanata and Barrhaven, where a scarcity of listings has produced bidding wars and, last month, year-over-year gains that topped 11 per cent.

Overall, the benchmark price for single-family homes in June was $427,700, up 8.8 per cent in the past year.