The Ottawa Real Estate Podcast

This week on the Ottawa Real Estate Podcast we discuss the government’s Build Canada Homes initiative and whether it will truly deliver more supply or fall short like past promises. We unpack how new tariffs on wood and lumber could drive up construction costs and impact affordability. We also talk about the growing role of intergenerational wealth as parents step in to help first-time buyers, and why so many are still hesitant to purchase in today’s market. If you want to understand the trends shaping Canadian real estate right now, this episode is for you.03:11 Government Housing Initiatives and Skepticism10:09 Impact of New Tariffs on Wood and Lumber14:24 Financial Support for First-Time Home Buyers24:29 Current Trends in First-Time Home BuyingGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 CENTUM Financial Services LPEmail: paul@paulstevenson.caPhone: 1-613-263-4543https://www.paulstevenson.caDavid Warren - Mortgage Agent Level 2 Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003 https://www.referralmortgages.comDon’t miss your chance to win a glowing 20” x 10” neon sign, sign up today!https://forms.gle/GBbq9ZrhK2k8Avgv5(The winner will be chosen randomly and announced on October 29th)If you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@gmail.com or leave us a comment below!New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, CENTUM, BIG - Billyard Insurance Group and Easy Neon Signs.https://www.easyneonsigns.ca Use code TOREP and get 20% off all your orders. (This is an affiliate link).

In this week’s episode, we discuss the Bank of Canada’s quarter point rate cut and what it means for variable and fixed mortgages. We break down why celebrating lower rates can be misleading if the economy is struggling, and why understanding the risks of variable rates is critical. We also cover Ottawa’s Housing Action Plan, how deferring development charges could accelerate new projects, and the impact of the Candice Greener Homes loan program ending for many homeowners. 00:00 Intro00:54 New Sponsor: Easy Neon Signs02:48 Discussion on Variable vs Fixed Rate Mortgages06:07 How Lower Rates Impact Your Variable Rate Mortgage07:30 Why Are Bonds Going Up?09:07 Are We Looking At Stagflation?12:06 Understanding Variable vs Fixed Rates14:42 Rates Can Go Up Really Fast Also17:32 Ottawa's Housing Action Plan26:54 The End of the Greener Homes Loan Program29:04 Mood BoostsGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 CENTUM Financial Services LPEmail: paul@paulstevenson.caPhone: 1-613-263-4543https://www.paulstevenson.caDavid Warren - Mortgage Agent Level 2 Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003 https://www.referralmortgages.comDon’t miss your chance to win a glowing 20” x 10” neon sign, sign up today!https://forms.gle/GBbq9ZrhK2k8Avgv5(The winner will be chosen randomly and announced on October 29th)If you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@gmail.com or leave us a comment below!New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, CENTUM, BIG - Billyard Insurance Group and Easy Neon Signs.https://www.easyneonsigns.ca Use code TOREP and get 20% off all your orders. (This is an affiliate link).

This week we break down Canada’s massive $13 billion plan to build 4,000 factory built modular homes on federal land. We explore what this means for affordability, the impact on trades and jobs, and how it connects to Ottawa’s latest housing stats. We also discuss the Bank of Canada’s latest rate cut, fixed vs variable mortgages, and what the August market numbers tell us about where things are heading.01:37 Inflationary Data03:39 Are Your Rates Going Down?10:12 Real Estate Stats for August17:05 Build Canada Homes Program18:49 Will Factory Built Housing Impact the Labour Market?22:26 There's Still No Budget23:05 Are the New Houses Going to Help Affordability?29:51 Mood BoostsGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 CENTUM Financial Services LPEmail: paul@paulstevenson.caPhone: 1-613-263-4543https://www.paulstevenson.caDavid Warren - Mortgage Agent Level 2 Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003 https://www.referralmortgages.comIf you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@gmail.com or leave us a comment below!New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, CENTUM, BIG - Billyard Insurance Group.

This week on the Ottawa Real Estate Podcast, we break down the latest shifts in the Canadian real estate market and what they could mean for homeowners and buyers across the country. We explore the current job market struggles, rising unemployment, and how these economic indicators could push the Bank of Canada toward a rate cut. We also look at the impact of inflation, declining housing starts, and the massive wave of mortgage renewals set to hit Canadians. With fixed mortgage rates expected to drop in the coming months, we discuss what this all means for affordability, household budgets, and future policy decisions. Along the way, we share a few laughs to keep things balanced.If you’re following Ottawa housing trends or keeping an eye on Canadian mortgage updates, you won’t want to miss this episode.00:00 Introduction and Weekend Recap02:13 Current Job Market and Economic Indicators04:04 Impact of the Economy in Upcoming Bank of Canada Rate Announcements06:12 Inflation and Interest Rate Predictions10:23 Fixed Rates and Mortgage Renewals14:00 Impact of Renewals on the Economy22:50 Housing Starts and Construction Challenges26:23 Policy Interventions and Market Corrections30:01 Mood BoostsGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 CENTUM Financial Services LPEmail: paul@paulstevenson.caPhone: 1-613-263-4543https://www.paulstevenson.caDavid Warren - Mortgage Agent Level 2 Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003 https://www.referralmortgages.comIf you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@gmail.com or leave us a comment below!New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, CENTUM, BIG - Billyard Insurance Group.

In this week’s episode of the Ottawa Real Estate Podcast, we discuss the impact of US tariffs on construction costs, the rising demand for mortgage insurance, and the ongoing challenges of housing affordability. We also look at key economic indicators and what they reveal about the Canadian market this fall. Join us as we share strategies for navigating today’s market and talk about why timing may not be as important as long-term planning when it comes to buying a home.00:00 Welcome Back to Real Estate Insights03:09 Current Market Trends and Economic Indicators06:00 US Tariffs08:08 Tariffs and Housing Prices11:00 Impact of Tariffs on Housing and Construction Costs13:07 Is a Recession Coming?17:14 Dropping Home Prices19:11 Navigating the Real Estate Market: Timing and Strategy21:24 Is it Time to Start Buying Houses Again? 24:08 Canadian Government's Budget26:17 Surge in Mortgage Insurance Demand27:21 Mortgage Insurance Demand and Affordability Challenges30:07 30 Year vs 25 Year Amortization30:28 Mood BoostsGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 CENTUM Financial Services LPEmail: paul@paulstevenson.caPhone: 1-613-263-4543https://www.paulstevenson.caDavid Warren - Mortgage Agent Level 2 Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003 https://www.referralmortgages.comIf you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@gmail.com or leave us a comment below!New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, CENTUM, BIG - Billyard Insurance Group.

In this week’s episode, we explore how the Ottawa Senators’ new land purchase could transform the city’s nightlife and tourism. We break down the latest Ottawa housing market statistics, share how job market changes are shaping real estate, and discuss a recent legal case that puts phantom offers in the spotlight. We also look ahead at possible Bank of Canada rate cuts and what these shifts could mean for the future of our market. Join us for local insights, market predictions, and a few laughs along the way.00:00 Introduction and Summer Break Announcement01:56 Senators Purchase and Development Plans05:29 Impact on Ottawa's Nightlife and Tourism09:31 July Housing Market Stats Overview12:21 Market Trends and Predictions14:59 Summer Market Slowdown17:49 Job Market Insights and Economic Impact18:39 US and Canadian Employment Trends23:42 Economic Indicators and Market Reactions26:58 S&P 50028:22 Real Estate Market Dynamics and Legal Cases30:42 You Have to Know This if You're Ever in a Multiple Offer Situation36:26 Mood BoostsGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 CENTUM Financial Services LPEmail: paul@paulstevenson.caPhone: 1-613-263-4543https://www.paulstevenson.caDavid Warren - Mortgage Agent Level 2 Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003 https://www.referralmortgages.comIf you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@gmail.com or leave us a comment below!New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, CENTUM, BIG - Billyard Insurance Group.

In this week’s episode of the Ottawa Real Estate Podcast, we explore how federal public sector job cuts could impact Ottawa’s real estate market. We break down the latest summer trends and explain why some homes are still moving fast while others sit. We also look at where mortgage rates are headed, how AI is quietly transforming the job market, and how supply chain issues are squeezing smaller builders. Join us for practical insights, market signals, and a few laughs.00:00 Introduction and Summer Real Estate Trends01:55 Current Market Dynamics and Pricing Strategies04:46 Impact of Employment Trends on Real Estate06:15 Bank of Canada Rate Announcement This Week06:39 The Liberal Party is Cutting Public Service Jobs08:52 Interest Rates and Economic Indicators09:55 The Role of AI in Employment and Efficiency11:10 Jobs Being Cut14:13 Is AI Replacing Jobs in the Government?18:51 Are Rates Expected to Go Up?22:06 Fixed -vs- Variable Rate Mortgages28:12 Home Builders and Material Costs30:42 Mood Boost and Closing RemarksGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 CENTUM Financial Services LPEmail: paul@paulstevenson.caPhone: 1-613-263-4543https://www.paulstevenson.caDavid Warren - Mortgage Agent Level 2 Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003 https://www.referralmortgages.comIf you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@gmail.com or leave us a comment below!New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, CENTUM, BIG - Billyard Insurance Group.

In this week’s episode of the Ottawa Real Estate Podcast, we unpack why the Canadian housing market feels stuck right now and what’s holding it back. We explore rising mortgage rates, stalled new home construction, and the growing impact of economic uncertainty and trade agreements. We also discuss why some regions are hitting price peaks while others are sliding, and what’s behind the shift in consumer behaviour. Whether you're in the industry or just trying to make sense of where the market is going, this episode helps you connect the dots.00:00 Introduction to the Current Real Estate Landscape02:57 Market Trends and Consumer Behavior04:29 Interest Rates and Economic Indicators06:30 Business Challenges and Consumer Confidence13:22 Future Outlook and Economic Uncertainty16:12 US Influence on Canadian Economy18:25 Challenges in New Construction20:28 Housing Supply Crisis in Ontario22:31 Impact of Housing Start Slowdown23:31 Regional Real Estate Trends25:57 Mortgage Payment Increases in the Last 10 Years28:36 The Shift to Remote Living and Its Effects30:08 Mood BoostsGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 CENTUM Financial Services LPEmail: paul@paulstevenson.caPhone: 1-613-263-4543https://www.paulstevenson.caDavid Warren - Mortgage Agent Level 2 Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003 https://www.referralmortgages.comIf you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@gmail.com or leave us a comment below!New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, CENTUM, BIG - Billyard Insurance Group.

Explore the curious state of the Canadian real estate market, where job numbers and inflation create uncertainty. Discover the impact of rising divorces on transactions and how consumers are managing financial stress despite market stability. A new digital tool from the CRA aims to combat mortgage fraud, promising better verification practices. Join in for some lighthearted moments as the hosts entertain with jokes while discussing these pressing issues!

In this week’s episode of the Ottawa Real Estate Podcast, we unpack why the market is heating up even as buyers are slowing down. We explore the latest CMHC report and what it reveals about rising mortgage debt, borrower behavior, and economic risks. We also look at key trends in Ottawa, GTA, and Vancouver, including why single-family homes are in demand, why the condo market is slipping hard in Toronto, and what the summer lull means for buyers and sellers.We break down June’s stats, with a 5 percent price increase in Ottawa, and share why this might actually be the perfect time to negotiate hard. Plus, we share our take on the challenges developers are facing and how rental construction is being affected across Canada.Whether you're a homeowner, buyer, or mortgage broker, this episode is packed with timely insights to help you stay informed and ahead of the curve.00:00 Introduction to the Ottawa Real Estate Market02:19 Current Market Trends and Buyer Behavior06:40 June Market Statistics and Analysis09:38 Seasonal Trends in Real Estate14:12 CMHC Report Insights and Mortgage Trends20:23 Borrower Behavior and Debt Ratios22:11 Navigating Economic Risks in Mortgages25:41 GTA Real Estate Market Trends28:11 Vancouver's Housing Market Challenges33:41 Toronto's Condos Aren't Selling35:40 The Impact of Foreign Buyer Ban on Development39:01 CMHC's Role in Rental Construction Financing42:38 Mood BoostsGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 CENTUM Financial Services LPEmail: paul@paulstevenson.caPhone: 1-613-263-4543https://www.paulstevenson.caDavid Warren - Mortgage Agent Level 2 Referral MortgagesEmail: david@referralmortgages.comPhone: 1-613-686-6003 https://www.referralmortgages.comIf you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@gmail.com or leave us a comment below!New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, CENTUM, BIG - Billyard Insurance Group.