Only 42 Condos Sold in Toronto?!

Artwork for podcast The Ottawa Real Estate Podcast

Episode 223 • 9th July 2025 • The Ottawa Real Estate Podcast • TOREP

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In this week’s episode of the Ottawa Real Estate Podcast, we unpack why the market is heating up even as buyers are slowing down. We explore the latest CMHC report and what it reveals about rising mortgage debt, borrower behavior, and economic risks. We also look at key trends in Ottawa, GTA, and Vancouver, including why single-family homes are in demand, why the condo market is slipping hard in Toronto, and what the summer lull means for buyers and sellers.

We break down June’s stats, with a 5 percent price increase in Ottawa, and share why this might actually be the perfect time to negotiate hard. Plus, we share our take on the challenges developers are facing and how rental construction is being affected across Canada.

Whether you're a homeowner, buyer, or mortgage broker, this episode is packed with timely insights to help you stay informed and ahead of the curve.

00:00 Introduction to the Ottawa Real Estate Market

02:19 Current Market Trends and Buyer Behavior

06:40 June Market Statistics and Analysis

09:38 Seasonal Trends in Real Estate

14:12 CMHC Report Insights and Mortgage Trends

20:23 Borrower Behavior and Debt Ratios

22:11 Navigating Economic Risks in Mortgages

25:41 GTA Real Estate Market Trends

28:11 Vancouver's Housing Market Challenges

33:41 Toronto's Condos Aren't Selling

35:40 The Impact of Foreign Buyer Ban on Development