<description>&lt;p&gt;In this week’s episode of the Ottawa Real Estate Podcast, we look at why Canada’s GDP shocked the market and how interest rates, the bond market, and global influences are shaping real estate across the country. We talk about stalled business investment, soft consumer spending, and why the economy feels like it is running on fumes. We also break down the rise of bank consolidations, the changing mindset around homeownership, and why more young Canadians are turning to the booming stock market instead of real estate. &lt;/p&gt;&lt;p&gt;00:00 Intro and Personal Updates&lt;/p&gt;&lt;p&gt;02:49 Economic Overview: GDP and Market Trends&lt;/p&gt;&lt;p&gt;05:50 Interest Rates and Bond Market Dynamics&lt;/p&gt;&lt;p&gt;08:53 Impact of Global Events on Canadian Economy&lt;/p&gt;&lt;p&gt;12:09 Bank Consolidation and Its Effects&lt;/p&gt;&lt;p&gt;14:42 Shifts in Consumer Behavior and Real Estate Perspectives&lt;/p&gt;&lt;p&gt;18:05 The Future of Homeownership vs. Renting&lt;/p&gt;&lt;p&gt;20:47 Bank Earnings and Market Adjustments&lt;/p&gt;&lt;p&gt;23:50 Mood Boosts&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Get in touch with us!&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;Paul Stevenson - Mortgage Agent Level 2&amp;nbsp;&lt;/p&gt;&lt;p&gt;CENTUM Financial Services LP&lt;/p&gt;&lt;p&gt;Email: &lt;a href="mailto:paul@paulstevenson.ca" rel="noopener noreferrer" target="_blank"&gt;paul@paulstevenson.ca&lt;/a&gt;&lt;/p&gt;&lt;p&gt;Phone: 1-613-263-4543&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.paulstevenson.ca/" rel="noopener noreferrer" target="_blank"&gt;https://www.paulstevenson.ca&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;David Warren - Mortgage Agent Level 2&amp;nbsp;&lt;/p&gt;&lt;p&gt;Referral Mortgages&lt;/p&gt;&lt;p&gt;Email: &lt;a href="mailto:david@referralmortgages.com" rel="noopener noreferrer" target="_blank"&gt;david@referralmortgages.com&lt;/a&gt;&lt;/p&gt;&lt;p&gt;Phone: 1-613-686-6003&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.referralmortgages.com" rel="noopener noreferrer" target="_blank"&gt;https://www.referralmortgages.com&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;Don’t miss your chance to win a glowing 20” x 10” neon sign, sign up today!&lt;/p&gt;&lt;p&gt;&lt;a href="https://forms.gle/GBbq9ZrhK2k8Avgv5" rel="noopener noreferrer" target="_blank"&gt;https://forms.gle/GBbq9ZrhK2k8Avgv5&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;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!&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at &lt;a href="https://www.theottawarealestatepodcast.com/" rel="noopener noreferrer" target="_blank"&gt;www.theottawarealestatepodcast.com&amp;nbsp;&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;Brought to you by &lt;a href="https://www.referralmortgages.com/" rel="noopener noreferrer" target="_blank"&gt;Referral Mortgages&lt;/a&gt;, &lt;a href="https://paulstevenson.ca/" rel="noopener noreferrer" target="_blank"&gt;PaulStevenson.ca&lt;/a&gt;, &lt;a href="https://guertinpoirierlaw.ca/" rel="noopener noreferrer" target="_blank"&gt;Guertin/Poirier Avocates Lawyers&lt;/a&gt;, &lt;a href="https://www.centum.ca/" rel="noopener noreferrer" target="_blank"&gt;CENTUM&lt;/a&gt;, &lt;a href="https://www.thebig.ca/" rel="noopener noreferrer" target="_blank"&gt;BIG - Billyard Insurance Group&lt;/a&gt; and &lt;a href="https://www.easyneonsigns.ca/" rel="noopener noreferrer" target="_blank"&gt;Easy Neon Signs.&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.easyneonsigns.ca" rel="noopener noreferrer" target="_blank"&gt;https://www.easyneonsigns.ca&lt;/a&gt; Use code TOREP and get 20% off all your orders. (This is an affiliate link).&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;</description>

The Ottawa Real Estate Podcast

TOREP

Canada’s Housing Crisis: The Coming Reality Check

DEC 3, 202530 MIN
The Ottawa Real Estate Podcast

Canada’s Housing Crisis: The Coming Reality Check

DEC 3, 202530 MIN

Description

In this week’s episode of the Ottawa Real Estate Podcast, we look at why Canada’s GDP shocked the market and how interest rates, the bond market, and global influences are shaping real estate across the country. We talk about stalled business investment, soft consumer spending, and why the economy feels like it is running on fumes. We also break down the rise of bank consolidations, the changing mindset around homeownership, and why more young Canadians are turning to the booming stock market instead of real estate. 00:00 Intro and Personal Updates02:49 Economic Overview: GDP and Market Trends05:50 Interest Rates and Bond Market Dynamics08:53 Impact of Global Events on Canadian Economy12:09 Bank Consolidation and Its Effects14:42 Shifts in Consumer Behavior and Real Estate Perspectives18:05 The Future of Homeownership vs. Renting20:47 Bank Earnings and Market Adjustments23:50 Mood BoostsGet in touch with us!Paul Stevenson - Mortgage Agent Level 2 CENTUM Financial Services LPEmail: [email protected]: 1-613-263-4543https://www.paulstevenson.caDavid Warren - Mortgage Agent Level 2 Referral MortgagesEmail: [email protected]: 1-613-686-6003 https://www.referralmortgages.comDon’t miss your chance to win a glowing 20” x 10” neon sign, sign up today!https://forms.gle/GBbq9ZrhK2k8Avgv5If 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, CENTUM, BIG - Billyard Insurance Group and Easy Neon Signs.https://www.easyneonsigns.ca Use code TOREP and get 20% off all your orders. (This is an affiliate link).