Why Ottawa's Real Estate Market is Freezing Over

May 7, 2025

36:23

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Why Ottawa's Real Estate Market is Freezing Over

In this week’s episode of the Ottawa Real Estate Podcast, we sit down with Paul Czan, Real Estate Broker and President of the Ottawa Real Estate Board, to unpack the shifting buyer mindset in today’s market. We explore why having a good Realtor changes everything when having a home inspection, what bidding wars actually look like in 2025, and how interest rates are quietly reshaping buyer urgency. Properties are still selling fast when priced right, but buyers are more cautious and calculated than ever. Are we finally seeing a balance between buyer patience and seller confidence? Watch the full episode to get the inside story.

00:00 Introduction and Martini Madness Announcement

02:35 Real Estate Market Overview and Trends with Guest Paul Czan

05:44 Current Buyer and Seller Dynamics

08:07 Lack of Urgency in Real Estate Transactions in Ottawa

09:24 Navigating Inspections and Negotiations

12:12 Home Inspections Gone Wrong

14:05 How a Good Realtor Can Help You Navigate the Inspection Process

16:51 Market Stability and Future Predictions

20:51 Should Mortgage Rates Come Down?

23:23 Rule Changes for a More Transparent Market

26:00 Multiple Offers Situations

29:12 A Great Opportunity for First Time Home Buyers