Are Ottawa Home Prices Done Falling? (July Market Update)
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This week we look at whether Ottawa home prices may have finally bottomed out, what the latest market numbers are telling us, and why mortgage rates could still make affordability challenging.
We also discuss Canada’s surprisingly strong jobs report, mortgage renewals, fixed rates, and how upcoming tariffs could affect the housing market.
00:13 Introduction to Ottawa real estate market
01:51 Current Perception Of The Real Estate Market
03:12 Mortgage Rates At Renewal
06:09 Getting A Mortgage With Bruised Credit
13:59 July Real Estate Stats
18:01 Job Numbers
24:47 Canadian Rent Prices Continue To Fall
28:32 Mood Boosts
Get in touch with us!
Paul Stevenson - Mortgage Agent Level 2
CENTUM Financial Services LP
Email: paul@paulstevenson.ca
Phone: 1-613-263-4543
https://www.paulstevenson.ca
David Warren - Mortgage Agent Level 2
Referral Mortgages
Email: david@referralmortgages.com
Phone: 1-613-686-6003
https://www.referralmortgages.com
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, BIG - Billyard Insurance Group, and A to Z Cleaning Expert.