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 Insights

03:09 Current Market Trends and Economic Indicators

06:00 US Tariffs

08:08 Tariffs and Housing Prices

11:00 Impact of Tariffs on Housing and Construction Costs

13:07 Is a Recession Coming?

17:14 Dropping Home Prices

19:11 Navigating the Real Estate Market: Timing and Strategy

21:24 Is it Time to Start Buying Houses Again?

24:08 Canadian Government's Budget

26:17 Surge in Mortgage Insurance Demand

27:21 Mortgage Insurance Demand and Affordability Challenges

30:07 30 Year vs 25 Year Amortization

30:28 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, CENTUM, BIG - Billyard Insurance Group.