The Ottawa Real Estate Podcast Ottawa Real Estate Chaos: Why Deals Are Falling Apart Fast
Jun 11, 2025
In this discussion, Greg Campbell, a Realtor with The Campbell-Maric Group, shares eye-opening insights into the chaotic Ottawa real estate market. He highlights the alarming rise in deal cancellations and why sellers are pricing homes unrealistically. The conversation touches on declining rental prices and the psychological toll of inspections on buyers. Greg also explains the complexities behind housing stats and what they reveal about market trends. For anyone in the housing market, this is a must-listen for understanding current dynamics.
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Surge in Deal Cancellations
- Greg Campbell has experienced more real estate deals falling apart this year than ever before due to buyer and seller cold feet.
- This trend of cancellations and uncertain buyers is unprecedented in his career.
Half of Deals Fall Through
- About 50 to 70% of accepted deals are falling apart before closing, indicating a high failure rate.
- Cold feet and stress about financing or inspections largely cause these deal failures.
Inspection Reports Can Overwhelm Buyers
- Home inspections often overwhelm buyers with extensive defect reports that can intimidate first-time buyers.
- Not all inspection findings mean the home is a loss; some issues can be negotiated for price reductions.