Inflation came in lower than expected, Ottawa home buyers could save around $30,000 on new construction, and a major tariff announcement could create new uncertainty for Canada's economy.
This week, we discuss the latest inflation numbers, what they could mean for future interest rates, why more Canadians are choosing variable rate mortgages again, Ottawa's new development charge reductions, the city's upcoming renoviction bylaw, and how recent trade news could affect the housing market in the months ahead.
Whether you're planning to buy, sell, or simply stay informed, we break down the biggest real estate and mortgage stories affecting Ottawa and Canadians right now.
00:00 Introduction and Market Overview
02:58 Bank of Canada Rate Announcement
03:50 New Inflation Numbers
07:40 New Tariffs In Place
16:38 The New Renoviction Bylaw
18:58 City Council Approves Plans to Cut Fees On Development Charges
22:56 Mood Boosts
Get in touch with us!
Paul Stevenson - Mortgage Agent Level 2
CENTUM Financial Services LP
Email: [email protected]
Phone: 1-613-263-4543
https://www.paulstevenson.ca
David Warren - Mortgage Agent Level 2
Referral Mortgages
Email: [email protected]
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: [email protected] 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.
