170,000 Jobs at Risk: Inside Ottawa’s Housing Industry Meltdown

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All opinions shared reflect Liam’s personal views and not those of eXp Realty or the Ottawa Real Estate Board (OREB). Nothing in this video should be taken as financial advice or as forming an agency relationship. Always speak with your trusted professional advisor before making any real estate or financial decisions.

Ottawa just hit a post-pandemic record for inventory — and this is why you should care, even if you’re not moving this year.

Inventory is the housing market’s early warning signal.
It moves before prices.
It moves before headlines.
And it moves before most people realize the market has shifted.

What makes this moment different is that Ottawa runs on two engines — and right now, both are under pressure.

Federal job tightening is already creating uncertainty, and at the same time, the housing industry’s job pipeline — construction, lending, trades, and pre-construction — is slowing across Ontario.

This isn’t a crash prediction.
It’s a confidence and jobs-driven housing slowdown — and Ottawa–Gatineau feels this earlier and more intensely than most cities.

In this video, I break down what’s actually happening beneath the headlines, why inventory is rising, and how job confidence quietly changes buyer and seller behavior long before prices adjust.

This is about understanding where the pressure shows up first, so you can make smarter decisions — whether you’re buying, selling, holding, or investing.

What You’ll Learn:

• Why inventory is the market’s most important early signal
• How federal workforce reductions impact housing behavior
• Why Ottawa–Gatineau is uniquely exposed to job uncertainty
• How buyer psychology shifts before prices ever move
• Why sellers get punished for overpricing in this market
• How job confidence changes financing, inspections, and negotiations
• Why pre-construction slowdowns matter even if you never buy new
• What buyers, sellers, homeowners, and investors should do right now
• The 3 forward-looking signals I’m watching next

Time Stamps:

00:00 – Ottawa Hits a Post-Pandemic Inventory Record
00:19 – Why Inventory Moves Before Prices
00:27 – Ottawa’s Two Economic Engines Explained
01:12 – Why This Isn’t a Crash Video
01:45 – Federal Job Cuts: What’s Real vs Headlines
02:20 – The 5 Stages of Federal Workforce Reduction
03:11 – How Job Uncertainty Changes Buyer Behavior
04:07 – Why Ottawa–Gatineau Feels This First
04:59 – Move-Up Buyers & Why the Market Gets Sticky
05:19 – Why Buyers Are More Conditional Now
06:02 – How Overpricing Gets Punished
06:47 – Housing Reacts to Confidence, Not Prices
08:19 – Pre-Construction Slowdown Explained
09:20 – Why Investors Are Pulling Back
11:19 – What Buyers, Sellers & Investors Should Do Now
13:01 – The 3 Signals That Matter Next
14:11 – What This Means for Ottawa Housing Going Forward
14:19 – Watch This Next: Ottawa Condo Market Breakdown

The Ottawa housing market isn’t reacting to fear — it’s reacting to uncertainty.

And if you understand how confidence, jobs, and inventory interact, you don’t need to guess what comes next.

👉 Watch my next video where I break down Ottawa’s condo market and explain where the real stress is showing up — with data, not headlines.

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