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 Trends

01:55 Current Market Dynamics and Pricing Strategies

04:46 Impact of Employment Trends on Real Estate

06:15 Bank of Canada Rate Announcement This Week

06:39 The Liberal Party is Cutting Public Service Jobs

08:52 Interest Rates and Economic Indicators

09:55 The Role of AI in Employment and Efficiency

11:10 Jobs Being Cut

14:13 Is AI Replacing Jobs in the Government?

18:51 Are Rates Expected to Go Up?

22:06 Fixed -vs- Variable Rate Mortgages

28:12 Home Builders and Material Costs

30:42 Mood Boost and Closing Remarks

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.