Show notes
This week we break down Canada’s massive $13 billion plan to build 4,000 factory built modular homes on federal land. We explore what this means for affordability, the impact on trades and jobs, and how it connects to Ottawa’s latest housing stats. We also discuss the Bank of Canada’s latest rate cut, fixed vs variable mortgages, and what the August market numbers tell us about where things are heading.01:37 Inflationary Data03:39 Are Your Rates Going Down?10:12 Real Estate Stats for August17:05 Build Canada Homes Program18:49 Will Factory Built Housing Impact the Labour Market?22:26 There's Still No Budget23:05 Are the New Houses Going to Help Affordability?29:51 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.comIf 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.