Most people buying a new build right now have no idea that the rules just changed, and whether that change puts money back in your pocket or quietly disappears depends entirely on what you know before you sign. In this episode we break down the new HST rebate rules and what they actually mean in practice, because the way builders and lawyers are handling these changes varies wildly and the difference could cost you thousands. We walk through four real scenarios that show exactly how this plays out at the table and what you need to ask before you get there.
We also get into what is happening in the broader market right now. Geopolitical tensions are pushing energy prices up, inflation is responding, and mortgage rates are moving in ways that are genuinely hard to predict even for the people who set them. Ottawa's spring market is caught in the middle of all of it and we explain exactly how that affects your timing as a buyer or seller.
00:00 Spring Market Dynamics and Weather Impact
01:33 Understanding New HST Rules and Their Implications
11:35 Inflation Warnings and Market Disconnect
18:29 Geopolitical Tensions and Economic Uncertainty
25:30 Navigating the Current Real Estate Landscape
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, Easy Neon Signs and A to Z Cleaning Expert.
https://www.easyneonsigns.ca Use code TOREP and get 20% off all your orders. (This is an affiliate link).
