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 Updates

02:49 Economic Overview: GDP and Market Trends

05:50 Interest Rates and Bond Market Dynamics

08:53 Impact of Global Events on Canadian Economy

12:09 Bank Consolidation and Its Effects

14:42 Shifts in Consumer Behavior and Real Estate Perspectives

18:05 The Future of Homeownership vs. Renting

20:47 Bank Earnings and Market Adjustments

23:50 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

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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!

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