The Mindful Broker: Recent Episodes
John Pasalis
Welcome to the Mindful Broker with me, John Pasalis.
Every episode, I identify the most useful insights from psychology, economics and statistics to help you make real estate decisions that protect your money and enhance your life.
Has Canada's housing market finally found a bottom—or is there still further to fall? This month on the Real Estate Roundtable, I'm joined by Vancouver realtor Steve Saretsky and Toronto mortgage broker David Larock to discuss whether the correction in Canadian real estate is nearing its end, or whether home prices still have further to adjust before a sustained recovery begins.
We also break down the latest economic data and what it means for interest rates. While inflation in Canada continues to trend lower, stronger-than-expected GDP growth suggests the Bank of Canada is unlikely to cut interest rates anytime soon. We discuss why the Bank appears to be on hold and what that means for borrowers and housing demand.
Finally, we examine an increasingly important divergence between Canada and the United States. Long-term bond yields in the U.S. have been climbing sharply, pushing borrowing costs higher, while Canadian long-term yields have remained relatively stable. Why are the two countries moving in different directions, and what does this mean for fixed mortgage rates and the outlook for Canada's housing market?
All that and more in this month's Real Estate Roundtable covering housing, interest rates, and the economic forces shaping the Canadian real estate market.
The Situation is our monthly segment where John and Davin work through real estate situations sent in by real people — the messy, high-stakes decisions that don't have a clean answer in a market like this one.
This month:
A Toronto investor walked away from her pre-construction condo when she couldn't close, forfeited her deposit, and assumed that was the end of it. Now she's reading about builders suing buyers for the shortfall when the unit resells for less. John and Davin get into what she's actually exposed to, how long a builder has to come after her, and whether there's anything she can do now that doesn't make things worse.
Then: a tenant has had her rent raised by the maximum every year for four years, while rents around her have been falling. Her landlord just sent another increase and a new lease to sign. How should she open that conversation, what leverage does she actually have, and can asking backfire?
Plus: should you buy your next home before selling your current one, and why a neighbourhood can show 2.6 months of inventory when homes are selling in 24 days.
Have a situation of your own? Send it to us and we'll take it on in a future episode.
Toronto has almost stopped building condos. Starts hit a multi-decade low last year, and by the end of the decade there will be virtually no new condo completions at all. So nearly all the new housing this city gets over the next five years will be purpose-built rental — apartment buildings owned by the people who build them.
My guest is Matt Spoke, a partner at Toronto Standard, which develops, builds, and holds midrise rental across Toronto. He's a CPA and former tech founder who runs the firm's capital side, so he thinks about housing the way an underwriter does.
We talk about why this way of building disappeared for 25 years and what's bringing it back, why he builds midrise instead of joining the multiplex boom, and which government policies actually got shovels in the ground. I also push him on CMHC — purpose-built rental depends on government-insured loans no private lender would offer, and Matt generally favours markets over intervention.
Then the question I most wanted answered: rents are down about 4% from last year and roughly 12% off their 2023 peak, and he's putting up buildings that won't have tenants for two or three years. So what rent is he actually assuming — and does he think rents go up from here, or down?
In today's live, we're diving into the latest GTA market statistics and separating fact from fiction when it comes to the headlines. Joining Gus and Davin from Realosophy, we discuss what's really happening on the ground and what the latest trends mean for buyers and sellers. We also hear from mortgage expert David Larock, who shares his latest insights on mortgage rates. Despite changing headlines and ongoing political uncertainty, rates have remained relatively steady—but what does that mean for the months ahead?
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar We hope you enjoyed this month's update and found it valuable. Thanks for tuning in - we'll see you next month!
This month on the Real Estate Roundtable, I'm joined by Vancouver realtor Steve Saretsky and Toronto mortgage broker David Larock to break down the latest developments in Canada's housing market.
We discuss why housing markets in Toronto and Vancouver remain sluggish despite a modest improvement in market balance. New listings have been falling for several months, helping reduce excess inventory, but sales activity remains subdued and buyers continue to have the upper hand in many segments.
We also examine the outlook for interest rates. For the past four months, financial markets had been pricing in the possibility of rate hikes later this year. However, easing geopolitical tensions following the Iran conflict and renewed trade uncertainty after the extension of Canada–United States–Mexico Agreement failed to materialize have shifted expectations. With the economic outlook becoming more uncertain, additional rate hikes appear to be off the table—for now.
Finally, we discuss the British Columbia government's proposal to purchase unsold condominium inventory from struggling developers and convert those units into rent-to-own housing. Is this a practical way to expand homeownership opportunities, or another government intervention that risks distorting the housing market?
All that and more in this month's Real Estate Roundtable.
Over a century ago, Toronto banned apartment buildings from most residential streets — while European cities like Paris, Berlin, and Amsterdam were building them as the default fabric of urban life. That decision shaped the city we live in today: a landscape of single-family houses and condo towers with almost nothing in between. In 2019, Globe and Mail architecture critic Alex Bozikovic co-edited House Divided, a book that former Chief Planner Gregg Lintern has credited with kick-starting Toronto's missing middle conversation.
Seven years later, multiplexes and sixplexes are now permitted across the city, but the gap between zoning reform and actual construction remains wide — and the affordability crisis has only deepened. In this episode, John and Alex explore the history behind Toronto's housing divide, what's changed since the book was published, and some of the harder questions the missing middle movement still needs to answer — including whether the math can work at four to six units at a time, the challenge of retrofitting a city that was physically built for something else, and a striking paradox: the European cities we look to for inspiration are built almost entirely of the housing types being advocated for here, and they're deep in their own affordability crises.
Canada's economy is showing increasing signs of strain, with weakening economic data pointing toward a technical recession—and this month's Real Estate Roundtable unpacks what that could mean for the housing market in the months and years ahead.
Joining me are Vancouver realtor Steve Saretsky and Toronto mortgage broker David Larock as we discuss how slowing economic growth, rising unemployment, and softer consumer confidence are impacting housing activity across the country.
We also break down the latest outlook for interest rates and whether weaker economic conditions could push the Bank of Canada toward additional rate cuts. What do falling bond yields and softer inflation data mean for mortgage rates, buyers, and homeowners renewing over the next year?
Finally, we discuss the longer-term outlook for Canadian real estate—and why the next phase of the market may not look like the rapid rebounds Canadians have become accustomed to. Instead of another quick surge higher, are we entering a period of years-long flat home prices as incomes slowly catch up to housing costs?
All that and more in this month's housing market roundtable covering Toronto, Vancouver, and the broader Canadian economy.
Housing debates today are dominated by one idea: if we just build more homes, prices will fall. But what if that story is incomplete?
In this episode, I sit down with Mike Fellman to unpack his report Fixing Housing Means Fixing Finance and explore why housing affordability is as much a finance problem as it is a supply problem. We break down the limits of traditional economic thinking, why upzoning alone doesn't guarantee more housing, and how the cost of capital—and the returns investors expect—ultimately determine what gets built.
We also connect these ideas to what's happening here in Canada, where programs like CMHC's MLI Select are quietly reshaping the economics of rental housing by lowering borrowing costs and enabling more development. The result is a more nuanced view of the housing crisis—one that challenges the idea that we can simply deregulate our way to affordability.
https://groundworkcollaborative.org/work/fixing-housing-means-fixing-finance-why-we-cant-deregulate-our-way-to-affordability/
Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com
Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly
About This Show
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this episode, John sits down with Ben Rabidoux of Edge Realty Analytics for a wide-ranging conversation on the state of Canada's economy and housing market. They start with the macro picture — an economy where headline GDP growth masks a struggling private sector, full-time job losses are at their steepest since the pandemic, and an oil-price-driven inflation shock is forcing the Bank of Canada into an impossible position between hiking rates and protecting a weakening economy.
The conversation turns to mounting household financial stress, with consumer insolvencies at levels not seen since 2009, credit card charge-offs at decade highs, and a growing social normalization of mortgage default. In the housing market, Ben makes the case that the single-family segment may be nearing a floor — completions and permits are at multi-decade lows, new listings have peaked, and pent-up demand is building — while the condo market faces a deeper structural reckoning as investor economics remain broken and pre-construction defaults surge. They close with what may be the most counterintuitive story in Canadian housing right now: developers are starting rental units at record levels into a market where rents are already falling, vacancy is rising, and population growth has turned negative — setting up a potential future where single-family prices recover while the rental market continues to deteriorate.
Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com
Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly
About This Show
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In today's live, we're breaking down Toronto's two-sided housing market — where condos and suburban homes are struggling, but some central Toronto neighbourhoods are still seeing fierce bidding wars. We also answered viewer questions and discussed what buyers and sellers need to know right now. We also chatted about Canada's latest job losses, what a weakening labour market could mean for the economy, and where interest rates may be headed next. Timestamps: 00:00 Introduction 00:54 GTA Home Prices 09:12 Market Stats 12:43 On The Ground Questions 33:33 Mortgage Expert - David Larock Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
We hope you enjoyed this month's update and found it valuable. Thanks for tuning in - we'll see you next month!
This month's roundtable digs into a shifting housing market narrative—one where the spotlight is quietly moving away from pre-construction condos and toward a surge in multiplex development across Canada. Fueled by highly leveraged, government-backed financing through Canada Mortgage and Housing Corporation programs like MLI Select, multiplex projects are emerging as the new "pre-con"—offering attractive returns on paper, but carrying real risks if rents, costs, or timelines don't hold. We unpack why this boom is happening now, who's building, and whether this model is sustainable—or just the latest cycle of risk masked by easy credit.
At the same time, cracks are forming beneath the surface. Mortgage arrears are rising across Canada, a signal that higher interest rates and affordability pressures are starting to bite. We connect this trend to broader financial conditions, including rising bond yields, and what that means for borrowers, investors, and housing demand in both Toronto and Vancouver. While home sales remain subdued in both markets, the underlying story is increasingly about financial stress and shifting incentives—not just supply and demand.
This episode dives into some of the biggest questions buyers and sellers are asking right now—from whether it makes sense to jump into pre-construction with the new HST rebate, to the growing debate over whether that policy is really helping buyers or quietly supporting builders. We unpack the risks of trying to time the market in an uncertain economic environment, and how to think about pricing, incentives, and long-term value when conditions are shifting.
We also discuss what's actually happening on the ground in today's market, including whether underpricing strategies still work for sellers and how much leverage buyers really have right now. The goal is to cut through the noise and give practical insight into how to navigate a market that feels increasingly unpredictable.
Toronto's approach to multiplex housing has evolved quickly—from the initial legalization of fourplexes to allowing six units in some areas, along with key changes to development charges, zoning rules, and approvals. In this episode, we're joined by planner Sean Galbraith to break down what's changed, what's working, and how these policies are playing out on the ground. We discuss the practical impact of recent reforms, the types of projects being built today, and how builders and homeowners are starting to take advantage of new opportunities. This is a look at how the city is gradually unlocking more low-rise density—and what that means for the future of housing in Toronto.
In today's live, we unpack why the market is still slower than the headlines suggest and what the HST rebate means for buyers right now. We dig into the HST rebate on new homes and what it actually means for buyers, how it's structured, who's likely to benefit, and why the impact on pricing isn't as straightforward as it sounds. We also look at what it signals for new construction and some key risks buyers should keep in mind before making a move.
Despite the headlines, the market fundamentals remain weak, with sales still running well below normal levels across both houses and condos. Inventory remains elevated compared to historical norms, and prices have continued to ease from recent peaks.
Timestamps: 00:00 Introduction 01:07 Market Stats 08:56 HST Rebat 19:25 On The Ground Questions 36:19 Mortgage Expert - David Larock
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
We hope you enjoyed this month's update and found it valuable. Thanks for tuning in - we'll see you next month!
Toronto and Vancouver's housing markets remain notably weak this month, with both cities continuing to see subdued sales and hesitant buyer activity. What stands out isn't just the slowdown itself, but how comfortable many buyers seem staying on the sidelines. In this month's Real Estate Roundtable, John Pasalis, Steve Saretsky, and David Larock unpack the factors reinforcing that caution. Rising interest rates, combined with ongoing geopolitical risks, are giving buyers plenty of justification to wait. Even those who are financially capable of purchasing are choosing patience, contributing to markets that feel stuck rather than competitive. We also take a closer look at the federal government's HST cut on new housing and what it actually means in practice. While the policy may support new housing starts at the margins, its more immediate impact could be on developers holding completed but unsold units. The change makes it easier for builders to sell these units to institutional investors at discounted prices, or to rent them out without triggering the same tax consequences they would have faced before. Overall, the discussion highlights a market that isn't just slow, but structurally constrained, where policy changes may ease pressure for developers without necessarily improving affordability or bringing buyers back into the market in the near term.
Housing economists say we need more supply. Politicians blame city planners. YIMBYs want less regulation. But the cities we admire most — Barcelona, Paris, Amsterdam — weren't built by getting out of the way. They were built by bold, intentional planning. So what's actually going on? In this conversation, we sit down with Gregg Lintern, former Chief Planner of the City of Toronto and Dean of the Curtner Urban Leadership Program with ULI Toronto, to unpack the housing crisis as a system — not a soundbite.
Gregg walks us through what a Chief Planner actually controls, what he tried to change from the inside with initiatives like EHON, and why blaming any single actor misses the bigger picture. We dig into the real barriers — regulatory, economic, and political — that make it so hard to build the kinds of housing Toronto needs. And we tackle the harder questions: in an era of cautious incrementalism, have we lost the appetite for the kind of transformative planning that shaped the great cities of the world?
Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com
Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly
About This Show
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this episode, we tackle a few timely questions from listeners trying to make sense of today's housing market. We start with a seller who received a strong offer from buyers willing to purchase without conditions—but with a long closing because they still need to sell their own home. We unpack the real risk in that scenario: what happens if the buyers can't sell in time, and how sellers should think about these types of offers in a slower market. We also explore how AI is beginning to reshape the real estate industry and what agents should be doing now to stay competitive as things evolve. On the buyer side, we discuss how to approach timing in a market where some homes sit while others attract multiple offers, and whether buyers are finally regaining the ability to include conditions like financing and home inspections—even in competitive situations—and how to know when you can get away with it.
Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com
Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly
About This Show
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Ontario's residential construction sector is facing its worst crisis in decades. Pre-construction condo sales have plummeted 89%, single-family home sales are down 71%, and half the municipalities in the GTA and Golden Horseshoe are failing on housing. In this episode, we sit down with Richard Lyall, president of the Residential Construction Council of Ontario (RESCON), who has represented the building industry since 1991 and has never seen conditions this bad.
Lyall walks us through the forces behind the collapse — from development charges that have ballooned tenfold in a decade to an approvals process that stretches 90-day timelines past 600 days — and lays out the policy reforms RESCON believes are needed to restart the housing pipeline. We dig into the new GST cut for first-time buyers, the case for rolling back development charges, and what Canada can learn from Germany's approach to building.
Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com
Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly
About This Show
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this month's YouTube Live, we're unpacking some interesting shifts happening in the Toronto real estate market.
While the overall market remains relatively slow, some Toronto neighbourhoods are seeing noticeably stronger competition. In these pockets, well-priced homes are attracting multiple buyers - a reminder that even in a quieter market, demand can still concentrate in certain areas.
At the same time, activity isn't uniform across the city. Some segments are picking up while others remain fairly soft, highlighting how uneven the market has become.
We also discuss the outlook for interest rates. With global uncertainty increasing and long-term bond yields moving higher, borrowing costs may start trending up again - a shift that could influence buyer confidence and housing demand in the months ahead.
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar We hope you enjoyed this month's update and found it valuable. Thanks for tuning in - we'll see you next month!
Toronto and Vancouver's housing markets are off to a very slow start in 2026. Sales activity in both cities has come in well below last year's levels as buyers remain cautious amid broader economic uncertainty.
In this month's Real Estate Roundtable, John Pasalis, Steve Saretsky, and David Larock discuss what's keeping buyers on the sidelines and what it might take for confidence to return. One of the biggest questions right now is the outlook for interest rates. While many economists had expected modest rate cuts this year, the war in the Middle East has added a new layer of uncertainty that could complicate the Bank of Canada's path forward.
We also discuss a major policy development on the West Coast: the Musqueam Nation's agreement with the federal government, which could reshape how land is developed in Vancouver and raise important questions about governance, planning, and housing supply.
Finally, we look at how multiplex policies are beginning to influence housing markets in both Vancouver and Toronto. While still early, these changes are starting to affect land values, redevelopment decisions, and the types of housing being built across both cities.
Contact & Follow
Follow John Pasalis on X/Twitter: @JohnPasalis | Email: askjohn@movesmartly.com Follow Steve Saretsky on X/Twitter: @SteveSaretsky | Email: steve@stevesaretsky.com Follow David Larock on X/Twitter: @Dave_at_IMP | Email: dave@moreplan.ca
Watch this episode on the Move Smartly YouTube channel: https://www.youtube.com/movesmartly
If you enjoy the show, please like, subscribe, share, review, and comment — your support helps us reach more listeners.
Housing affordability is usually framed as a supply problem or a price problem. But recent academic research suggests something deeper may be happening.
The research finds that when young people begin to believe homeownership is permanently out of reach, their financial behaviour shifts in meaningful ways. Renters who feel shut out are more likely to consume more relative to their wealth, reduce work effort, and take on higher-risk investments. Meanwhile, those who still believe ownership is attainable tend to save more and double down on their efforts.
In this episode, I'm joined by Dr. Preet Banerjee — behavioural finance researcher, Globe and Mail columnist, and founder of YourMoneyDegree.com — to unpack what this means for individuals and for the broader economy.
We explore how housing may be reshaping motivation and long-term planning, whether this "giving up" effect is cultural or universal, and what the appropriate public policy response should be. If homeownership has long served as a near-term, concrete financial goal that anchors behaviour, what happens when that goal disappears for an entire generation?
This conversation goes beyond housing prices. It's about belief in the financial life cycle — and what happens when that belief begins to erode.
Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com
Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly
About This Show
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this episode of The Situation, John and Peter dive into buying strategy for first-time buyers and how real estate commissions really work. Our first question comes from a first-time buyer wondering whether it's smarter to buy a condo as a stepping stone or stretch for a small house under $1M. John and Peter discuss the pros and cons of each approach and what works best in today's market. Another listener asks how real estate commissions are calculated and whether a more transparent hourly-plus-expenses model could work. They break down where the money goes and why commission structures are set up the way they are.
Finally, we explore how recent market shifts and economic uncertainty are affecting Toronto homeowners and their decisions. John and Peter share insights on how to think about risk, timing, and long-term strategy.
FollowJohn x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly About This Show: The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada. You can also watch this episode on our MoveSmartly YouTube channel here https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this month's live update, we break down the latest stats on low-rise homes and condos and what they're really telling us about today's market.
Our team shares what we're seeing on the ground - tight inventory, declining listing quality, rising power of sales activity, and a mix of sellers who've adjusted to current conditions and others still holding onto unrealistic price expectations. We unpack what this means for buyers and sellers navigating the market right now.
Plus, we dive into the Bank of Canada's policy rate, what it means to be in "neutral" territory, and why continued economic slowing and cooling inflation suggest more rate cuts could be on the horizon.
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
We hope you enjoyed this month's update and found it valuable. Thanks for tuning in - we'll see you next month!
This month's real estate roundtable brings together John Pasalis, Steve Saretsky, and mortgage broker David Larock to break down the latest developments shaping Canada's housing market in early 2026. We begin with the slow start to the year in both Vancouver and Toronto, where home sales are down more than 20% compared to last year. With buyers holding back and inventory building, prices have also begun trending lower across several market segments. We discuss what's driving the slowdown and why economic uncertainty continues to weigh on demand. From there, we explore what it might take for confidence — and buyers — to return in a meaningful way. We also turn to interest rates and the growing divide in forecasts. While the consensus expects modest Bank of Canada cuts by year's end, some economists still warn rates could finish the year higher. We unpack what's behind these competing views and what they mean for buyers and upcoming renewals. Finally, we discuss the sharp slowdown in new condo sales and how it could lead to fewer housing starts and completions in the years ahead. We wrap up with the key indicators we're watching as we head into the spring market, and what they may signal for the rest of 2026. Contact & Follow Follow John Pasalis on X/Twitter: @JohnPasalis | Email: askjohn@movesmartly.com Follow Steve Saretsky on X/Twitter: @SteveSaretsky | Email: steve@stevesaretsky.com Follow David Larock on X/Twitter: @Dave_at_IMP | Email: dave@moreplan.ca Watch this episode on the Move Smartly YouTube channel: https://www.youtube.com/movesmartly If you enjoy the show, please like, subscribe, share, review, and comment — your support helps us reach more listeners.
What happens when a government openly acknowledges that its tax system is favouring landlords over ordinary households — and then actually changes it?
In this episode, John Pasalis breaks down new research from the Joseph Rowntree Foundation on the UK's post-2016 tax reforms aimed at curbing buy-to-let investor demand. The findings suggest these policies meaningfully shifted the housing market: fewer investor purchases, more homes flowing out of the private rental sector, and significantly more first-time buyers becoming homeowners than would have otherwise.
Drawing on insights from an interview with report author Darren Baxter, John explores why the UK experience challenges the supply-only framework that continues to dominate housing policy in Canada — and why any serious affordability strategy must confront not just how many homes we build, but how housing is financed, who owns it, and whether it remains a lucrative investment vehicle for capital.
Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com
Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly
About This Show
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this episode, we break down three real housing dilemmas that many households are facing in today's uncertain market. We start with a common challenge for homeowners looking to move up: how to upsize when you need to sell your current home and buy another at the same time. With slower sales, uncertain prices, and the risk of being forced into a short-term rental, we walk through how families can think about sequencing these two transactions. Next, we discuss a family-owned Toronto property and the question of adding a garden suite for multigenerational living. We explore how secondary units can affect resale value, buyer demand, and how families can think about fairness when one sibling invests money into a shared property. Finally, we look at a decision facing many small landlords right now: whether to sell a vacant property, rent it short- or mid-term to stay flexible, or lock in a long-term tenant while waiting for better market conditions. We unpack the trade-offs between flexibility, income stability, and risk. Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly About This Show The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada. You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this month's live update, we explain why 2026 is likely to be a tougher year for housing before conditions start to improve.
Sales remain near multi-decade lows as trade tensions, slowing growth, and rising geopolitical risks weigh heavily on consumer confidence. When activity stays this weak, the market becomes more fragile. Sellers who can wait are choosing to hold back, while households that need to move face a much thinner pool of buyers.
At the same time, power of sales are becoming more common as mortgage payments reset and household finances tighten. More owners are falling behind, and with demand already weak, distressed sellers have less ability to quietly exit the market. That pushes more forced listings onto the MLS and adds downward pressure on prices.
We also discuss the fallout from the Department of Justice's criminal charges against Federal Reserve Chair Jerome Powell and the growing uncertainty around the Fed's independence. These political shocks matter for Canada. If confidence in the U.S. central bank weakens, it can lead to higher bond yields, more volatile currencies, and ultimately higher mortgage rates, adding another headwind for housing.
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John's latest articles on the Toronto area real estate market are on realosophy.com https://www.movesmartly.com/articles/author/john-pasalis Dave Larock's latest weekly blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us:
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
About This Show:
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!!
This month's real estate roundtable brings together John Pasalis, Steve Saretsky, and mortgage broker David Larock for a timely discussion on the latest developments shaping Canada's housing market as we head into 2026.
We begin with the federal government's recent signal that it may reverse the foreign buyer ban in 2027. We break down what this announcement really means for the market today, how much impact foreign buyers actually have on housing demand, and whether lifting the ban would meaningfully change prices or investor behaviour.
From there, we turn to mortgages — and why fixed mortgage rates may trend up rather than down in 2026, despite widespread expectations of easing. We discuss bond yields, inflation risks, and how lenders are pricing uncertainty into rates. We also look at what this means for buyers on the sidelines, households renewing this year, and investor sentiment heading into the spring market.
We wrap up by sharing the key indicators we're watching in the months ahead and how they may shape the direction of Canada's housing market through 2026.
Contact & Follow
Follow John Pasalis on X/Twitter: @JohnPasalis | Email: askjohn@movesmartly.com Follow Steve Saretsky on X/Twitter: @SteveSaretsky | Email: steve@stevesaretsky.com Follow David Larock on X/Twitter: @Dave_at_IMP | Email: dave@moreplan.ca
Watch this episode on the Move Smartly YouTube channel: https://www.youtube.com/movesmartly
If you enjoy the show and find it useful, please like, subscribe, share, review, and comment — your support helps us reach more listeners.
This week on Move Smartly, I'm joined by Doug Hoyes, Licensed Insolvency Trustee and co-founder of Hoyes, Michalos & Associates, one of the most experienced consumer debt relief firms in Canada. Doug works on the front lines with households facing financial distress, giving him a real-time look into what's happening beneath the surface of the economy — long before it shows up in official data.
We unpack what he's seeing inside his practice today: who's struggling, what's driving the rise in consumer proposals and bankruptcies, and how closely those trends are connected to housing costs, mortgage renewals and rising debt loads. We discuss the growing role of HELOCs, the psychology of debt in a real-estate-obsessed culture, and whether insolvency trends could signal more forced home sales and pressure on the housing market in 2025.
This is an important conversation for anyone following the housing market, the growing financial strain facing Canadian families, and the economic risks building beneath the headlines.
Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com
Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly
About This Show
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents Gus Papaioannou and Davin McMahon and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the discussion in our live chat!!
This week on our live show, John and the team break down what could be coming in 2026 - including the possibility of interest rates rising again. So the big question is: Will higher rates finally push those buyers who've been sitting on the sidelines to make a move? We're already seeing early signs that some are starting to jump back in before affordability shifts again.
Dave Larock, our mortgage expert, provides a breakdown of November's big job gain and why that headline might be more hype than reality. Dave believes rates will hold steady in the short term, but he's predicting rate cuts coming in 2026.
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John's latest articles on the Toronto area real estate market are on realosophy.com https://www.movesmartly.com/articles/author/john-pasalis Dave Larock's latest weekly blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us:
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
About This Show:
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!!
This month's real estate roundtable brings together John Pasalis, Steve Saretsky, and mortgage broker David Larock for a deep dive into where the housing market is heading next. We start by looking at the surprising end to 2025, with home sales in the GTA on track to finish the year at a 25-year low. We break down what's driving the slowdown and how buyers and sellers are responding on the ground.
From there, we discuss the diverging outlooks for the Bank of Canada's next move. Some economists still see more cuts ahead, while one major Canadian bank is now forecasting a rate hike in 2026 — a scenario few thought possible just months ago. We explore what that would mean for borrowers, mortgage renewals, and price expectations.
We wrap up the conversation by sharing our forecasts for the housing market in 2026, the indicators we're watching most closely, and whether we believe next year will mark a turning point or another chapter in a difficult market.
Contact Us
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow David on X-Twitter @Dave_at_IMP; Email at dave@moreplan.ca
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this episode of The Situation, John and Davin dive into two real-world housing challenges that many listeners might recognize.
First, Maya writes in with a creative idea to tackle affordability and support family: she and her brother are considering buying a three-unit home together so they can each have their own space while bringing their mom closer as she looks to downsize from a large suburban house. It sounds practical — but what are the financial, legal, and personal considerations families should think through before taking on co-ownership?
Then, Steve from Kitchener shares a puzzling trend: while most 600 sq ft condos in his market are selling for $350K to $400K, four units in a brand-new building suddenly sold for between $575K and $650K — all significantly above the going rate. What could possibly explain such a dramatic jump in price? And what might it signal for buyers and investors watching this market?
Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com
Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly
About This Show
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this episode, I talk with Jeremiah Shamess about the major shift happening in Toronto's land and development market. Jeremiah explains how land values peaked in 2022 and are now down as much as 60 percent because the pre-construction condo market has stalled and very few developers are buying. Most of the buyers still active are focused on purpose-built rental, and he says about two-thirds of the land for sale right now is power of sale, reflecting real distress among owners who bought at the peak.
We also discuss how investor demand reshaped the condo market. Ten years ago, about half of pre-con buyers were end users, but as investors took over, developers shifted to producing micro units instead of livable homes for families.
Jeremiah believes we are entering a new era, where rental housing will dominate new construction rather than owner-occupied condos.
Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com
Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly
About This Show
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this month's Move Smartly Live Market Update, John Pasalis breaks down the latest housing trends and what's really driving today's price declines across the GTA. John walks through the three key forces pushing prices lower and how buyers are responding—becoming far more opportunistic, lowballing aggressively, and hunting for value in a cooling market.
John is joined by mortgage broker David Larock, who shares the latest economic indicators influencing borrowing costs, what's happening behind the scenes at the Bank of Canada, and his outlook for interest rates over the months ahead.
A data-driven look at where the market stands today—and where it may be heading next.
Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com
Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly
About This Show
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
John Pasalis, Steve Saretsky, and Ben Rabidoux of Edge Realty Analytics discuss the latest trends in Toronto and Vancouver's housing markets as prices continue to fall. They also explore the Bank of Canada's recent rate cut and what it signals for the path ahead for the economy, whether rising housing starts are good news for home buyers, and the implications of the Cowichan land claim decision in Richmond, B.C. Listeners can get a 30% discount on Ben's monthly subscription to Edge Realty Analytics using the code Edge30 at edgeanalytics.ca Contact Us Follow Ben on X-Twitter: @BenRabidoux Follow Steve on X-Twitter: @SteveSaretsky Follow John on X-Twitter: @JohnPasalis Email: askjohn@movesmartly.com Watch this episode on our Move Smartly YouTube channel: youtube.com/movesmartly If you enjoy our show, please like, subscribe, share, and review — your support helps us reach more Canadians navigating today's housing market.
In this episode, John tackles three real questions from listeners dealing with the challenges of Ontario's housing market. First, a landlord planning to sell a tenanted property asks whether it's possible — and smart — to get an N11 signed before listing to avoid losing a deal if the tenant refuses later. John breaks down what landlords need to know about the N11 process and the risks of getting too far ahead of a sale. Next, a condo buyer wonders if it's really an advantage to deal directly with the listing agent. After touring multiple properties and getting wildly different experiences, they ask the big question: does going straight to the listing agent actually help, or can it hurt you? Finally, an investor who bought a suburban home four years ago is struggling to rent out rooms to international students as demand drops. With higher interest rates, negative cash flow, and falling prices, they're now losing $1,500 a month — and wondering whether to hold or sell at a loss. John walks through each situation with practical advice grounded in today's market realities. Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com
Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly
About This Show
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this episode of the Move Smartly Podcast, I sit down with Ron Butler, veteran mortgage broker and host of the Angry Mortgage Podcast, for a frank discussion about the future of housing in Canada.
We talk about whether the dream of homeownership is slipping out of reach and if we're moving toward a permanent renters society. Ron shares his thoughts on what it would actually take to get more Canadians into homes again — and whether there's any realistic path forward given today's economic and policy environment.
With housing construction in Ontario falling sharply, we dig into whether the building of owner-occupied homes can rebound, what happens to the wave of small "dog crate condos" now in the pipeline, and whether projects propped up by blanket appraisals and family offices might start to fail. Ron also explains how the slowdown in new construction could ripple through the broader economy, from job losses to reduced growth in related sectors.
We wrap up with his outlook for the housing market and what he sees coming next — for homeowners, renters, and anyone still hoping to buy.
Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com
Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly
About This Show
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow agent Davin McMahon and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the discussion in our live chat!!
This week, John and his team discuss the rise in Power of Sale listings and how Buyers Are Slowly Coming Back - But They're Still Cautious! Dave Larock, our mortgage expert, explains how rate cuts by the US Fed might lead to higher rates in Canada. As usual, our engaged viewers and listeners have plenty of consumer questions about what's next for their real estate moves, mortgage rates and more.
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John's latest articles on the Toronto area real estate market are on realosophy.com https://www.movesmartly.com/articles/author/john-pasalis Dave Larock's latest weekly blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us:
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
About This Show:
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
John Pasalis and Steve Saretsky join host Urmi Desai to discuss the sharp rise in Power of Sales, whether today’s condo market is repeating the 1990s crash, and if the federal Liberals’ Build Canada Homes plan is bold policy or political theatre.
This episode also marks Urmi’s final show as she moves on to a new role at the Textile Museum of Canada.
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this episode, John speaks with Jacob Dawang from the housing advocacy group Grow Together to unpack how Edmonton became one of Canada’s leaders in zoning reform. They discuss when and how 8-plexes were legalized, what the municipal rules and lot requirements look like, and how Edmonton’s multiplexes differ from those being built in Toronto — often resembling four townhomes with basement suites rather than stacked apartments. Jacob also shares insights into the early results of the policy, the pushback from residents and councillors considering scaling back density on interior lots, and the lessons Toronto can learn from Edmonton’s approach to enabling more missing-middle housing.
Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com About This Show The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada. You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
It’s time for our monthly ‘The Situation’ consumer Q&A — where Davin puts your real estate questions to John.
This month, Steve wants to know why his fairly priced condo isn’t selling and what he can do beyond lowering the price. Susan is considering buying a home with her sister to share costs and gain exposure to real estate, and asks about the pros and risks. And Anwar wonders how “too low for too long” interest rates shaped today’s housing market — and why mortgage payments aren’t part of Canada’s inflation measure.
If you would like to send in your question to be considered for a future episode, please email askjohn@movesmartly.com If you have a real estate situation you would like to discuss with John in private, please connect with John at movesmartly.com/meetjohn Connect with Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
About This Show The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada. You can also watch this and every podcast episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
Today, Move Smartly co-host John Pasalis chats with Move Smartly editor and Realosophy business partner Urmi Desai about her departure from the firm and the Move Smartly show.
A lot has changed since John and Urmi began working on a new type of pro-consumer data-focussed real estate brokerage and communications channel back over 15 years ago.
We look back on the experiences of building a real estate business, why Urmi’s policy background has allowed her to take on various challenges in the public, private and now, the non-profit sector and her thoughts on Canada’s housing affordability crisis.
Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com
Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
About This Show
The Move Smartly show is hosted by John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Each month, show co-host John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents, Peter Karlos and Davin McMahon, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments!
This week, John and his team discuss conditions in a market - how are individual buyers and sellers navigating house and condo price drops? Dave Larock, our mortgage expert, explains how the latest in US and Canadian news will impact our rates. As usual our engaged viewers and listeners have plenty of consumer questions about what’s next for their real estate moves, mortgage rates and more.
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John's latest monthly Toronto area real estate market report on MoveSmartly.com:https://www.movesmartly.com/reports
Dave Larock's latest weekly blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Why Canada Only Builds Micro Condos — And What We Can Do About It: https://www.youtube.com/watch?v=C0iE_2nMNY8&ab
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
We’re back from our summer hiatus - and back to work! Move Smartly Editor and Host, Urmi, once again speaks to John and Steve on what is going on in the data and on the ground in Toronto and Vancouver. This month, more sales but some surprising price drops continuing not only in condos but house sector. Plus, how will interest rates, economic uncertainty and headlines about a condo market collapse play into consumer sentiment? And, an Ontario real estate brokerage scandal puts (another) black eye on the industry.
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Each month, show co-host John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents, Anastasia Spozito and Davin McMahon, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments!
This week, John and his team discuss conditions in a market that sees some buyers motivated as prices drop — but how will sellers respond? Dave Larock, our mortgage expert, explains how the latest in US and Canadian news will impact our rates. As usual our engaged viewers and listeners have plenty of consumer questions about what’s next for their real estate moves, mortgage rates and more.
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John's latest monthly Toronto area real estate market report on MoveSmartly.com:https://www.movesmartly.com/reports
Dave Larock's latest weekly blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you
Move Smartly Editor and Host, Urmi, once again speaks to John and Steve on what is going on in the data and on the ground in Toronto and Vancouver. This month, some surprising signs of more activity with an uptick in sales in both markets, while prices remain under pressure. Plus, what influences home buyers more — interest rate news or Canada-US trade uncertainty? And BC tries to get new construction going with a change to development charges — will it work?
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this episode, I’m joined by Robert Kavcic, Senior Economist at BMO, to unpack the real state of Canada’s economy amid growing public uncertainty.
Despite rising interest rates, global trade tensions, and fears of a looming recession, Canadians are still spending, stock markets are climbing, and unemployment is rising more slowly than expected. So—are we in trouble, or are fears overblown?
We explore the economic crosscurrents shaping 2025, from trade negotiations and tariff threats to what’s really driving up mortgage rates. We also dive into Canada’s housing market, where psychology has shifted, construction is stalling, and many are wondering whether the market has found its bottom—or if more pain is ahead.
Contact Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly About This Show The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada. You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
Today, Move Smartly editor Urmi Desai discusses a key hot topic in Canadian real estate with co-host John Pasalis of Realosophy Realty in Toronto.
In the last few years, we have been told by experts and advocates that removing all barriers to supply — including taxes, zoning and other government regulations — is the key to restoring housing affordability as builders will build, build, build enough homes to restore supply and demand balance — resulting in falling prices. But now that home prices and rents are finally falling in Ontario and BC, housing starts have come to a standstill. Why do we believe developers would keep building amidst falling prices?
Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com
Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Toronto has become a global poster child for the micro-condo — tiny units designed not for families, but for investors. We’re told that’s just how the system works: developers need investors to pre-buy units years before anything gets built, because regular buyers won’t take that kind of risk. But is that really true? Or is it a choice we’ve made — one that’s locked us into building housing that doesn’t actually serve the people who need it? In this episode, John and Urmi speak with Pouyan Safapour, President of Devron Developments, who argues that Canada’s pre-construction financing model is at the root of the problem. While cities like New York, Berlin, and London build first and sell later, Canada relies heavily on speculative investor capital — and ends up building the wrong kind of supply. They unpack how our current system works, why it’s failing, and what it would take to shift toward a model that puts end-users — not speculators — at the centre of condo development. Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
Each month, show co-host John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents, Gus Papaioannou, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments!
This week, John and his team discuss conditions in a market that has not been that familiar to the Toronto area for some time - as more homes hit the market for sale, and fewer buyers are confident to jump in, which segments of the market are most vulnerable to price drops? And how will the US Trump Administration’s “Big Beautiful Bill” affect Canada’s housing market? As usual our engaged viewers and listeners have plenty of consumer questions about what’s next for their real estate moves, mortgage rates and more.
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
Sign up for John's 30 Minute Info Session - The Smart Way to Upsize In an Uncertain Market: https://www.movesmartly.com/buying_selling_signup
John's latest monthly Toronto area real estate market report on MoveSmartly.com:https://www.movesmartly.com/reports
Dave Larock's latest weekly blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
Move Smartly Editor and Host, Urmi, once again speaks to John and Steve on what is going on in the data and on the ground in Toronto and Vancouver. We heard how historic low sales continue to play out on the ground. Plus, are trade blues the only thing worrying Canadians about the economy? And why as our national housing agency giving up on housing affordability - and why can’t supply be a solution?
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Today’s episode is our monthly ‘The Situation’ consumer Q/A segment - Urmi once again asks John to respond to the detailed questions you send in about the real estate decisions you are making as you navigate through the Toronto area housing market.
Today, we two concerned sets of parents - one worried that their kids are waiting too long for home prices to fall before buying — the other worried about the value of their kid’s condo falling. And, is now the time to ask your buyer agent for a commission discount?
Show links:
- “Rookie Mistake!” - David Fleming - TheTorontoRealtyBlog.com: https://torontorealtyblog.com/blog/rookie-mistake-2/
If you would like to send in your question to be considered for a future episode, please email askjohn@movesmartly.com
If you have a real estate situation you would like to discuss with John in private, please connect with John at movesmartly.com/meetjohn
Connect with Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every podcast episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
Today, MoveSmartly.com Editor Urmi hosts a special debate/conversation between our guest, Daniel Foch (pro), and co-host John Pasalis of Realosophy Realty in Toronto (against).
Daniel Foch is the Chief Real Estate Officer at Valery.ca and host of Canada’s #1 real estate podcast. As co-founder of The Habistat, the onboard data science platform for TRREB and Proptx, he has helped make the real estate industry more transparent by using real-time housing market data to inform decision-making for key stakeholders. With over 15 years of experience in the real estate industry, Daniel has advised a broad spectrum of market participants, from all three levels of government to some of Canada’s largest developers.
Follow the show and send your questions and feedback via:
Twitter: @MoveSmartly Instagram: @move.smartly Email: editor@movesmartly.com
Show Notes: John's kickoff tweet: https://x.com/JohnPasalis/status/177737761480759308 Follow John on X (Twitter): https://x.com/JohnPasalis
Dan’s response tweet: https://x.com/daniel_foch/status/1922640957490553328 Follow Dan on X (Twitter): https://x.com/daniel_foch
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of MoveSmartly.com, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our Move Smartly YouTube channel
If you enjoy our show and find it useful, please like, subscribe, share, review, and comment on whatever platform you’re watching or listening on—we appreciate your support!
Each month, show co-host John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents, Anastasia Spozito and Davin McMahon, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments!
This week, John and his team discuss conditions in a stalled market - how sellers are reacting to changed market conditions, whether there are any safe buyer opportunities and how will US-trade threats impact the market going forward. As usual our engaged viewers and listeners have plenty of consumer questions about what’s next for their real estate moves, mortgage rates and more.
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
To learn about John’s new homebuying/selling right now session - email askjohn@movesmartly.com with the subject line “Smart”
John's latest monthly Toronto area real estate market report on MoveSmartly.com:https://www.movesmartly.com/reports
Dave Larock's latest weekly blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
Move Smartly Editor and Host, Urmi, once again speaks to John and Steve on what is going on in the data and on the ground in Toronto and Vancouver. Overall home sales and new home sales plunge to lows not seen since the 1990s. John and Steve what the federal government should - and shouldn’t do - for the struggling new home building sector. Plus - how our real estate brokers, agents and brokerage reacting to changing market consideration as sellers remain fixed on yesterday’s prices?
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
We are back with our popular consumer Q/A segment, ‘The Situation’!
Urmi once again asks John to respond to the detailed questions you send in about the real estate decisions you are making as you navigate through the Toronto area housing market.
In this week's episode:
- Is it time to sell our home, rent and invest in stocks now?
- Should we upsize our home or stay and invest in stocks instead?
- My parents bought we a condo but I don't like living in the area - what next?
If you would like to send in your questions to be featured on a future episode, please email askjohn@movesmartly.com
If you have a more specific or particular real estate situation to discuss with John and his team at Realosophy Realty, connect with John at movesmartly.com/meetjohn
Listen to this episode when available on Move Smartly Podcast (New episodes drop Tues mornings): https://link.chtbl.com/movesmartly
If you enjoy our show and find it useful, please share, subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
Connect with Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
British Columbia is doing what other provinces have only talked about—taking bold, concrete steps to tackle the housing crisis. From legalizing fourplexes and sixplexes near transit, to cracking down on speculation and short-term rentals, Housing Minister Ravi Kahlon is helping lead one of the most ambitious housing reform agendas in the country. In this episode, we talk about BC’s approach to increasing supply, supporting non-market housing, and what other provinces—especially Ontario—can learn from it. Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Each month, show co-host John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents, Davin McMahon and Gus Papaioannou, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments!
This week, John and his team discuss conditions in the slower market - why buyers are sitting back, what sellers are doing to stand out right now and will interest rate cuts help the market this time around given growing economic uncertainty in Canada. As usual our engaged viewers and listeners have plenty of consumer questions about what’s next for their real estate moves, mortgage rates and more.
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
To learn about John’s new homebuying/selling right now session - email askjohn@movesmartly.com with the subject line “Smart”
John's latest monthly Toronto area real estate market report on MoveSmartly.com:https://www.movesmartly.com/reports
Dave Larock's latest weekly blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
Move Smartly Editor and Host, Urmi, once again speaks to John and Steve on what is going on in the data and on the ground in Toronto and Vancouver. For the first time, homes in all categories drop - though pre-con and condos remain the most sluggish. And John and Steve discuss a minority federal government led by Liberal Party Leader Mark Carney, together with Alberta discontent and Trump’s continued tough tariff talk all means for the Canadian economy and housing.
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this episode, John Pasalis unpacks his new report, The Great Sell Off, which explores how Canada’s housing market has undergone a fundamental shift. He explains how homes have evolved from places to live into powerful financial assets, how this shift has driven a wedge between prices and incomes, and why today’s housing crisis can’t be solved with yesterday’s assumptions. Read John’s full report and watch video: www.movesmartly.com/thegreatselloff
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Today, Urmi interviews co-host John about his new report and video, The Great Sell Off: How Our Homes Became Someone Else’s Business, which explains just how we have arrived at our current Canadian housing affordability crisis and what we can do to emerge from it.
Read John’s full report and watch video: www.movesmartly.com/thegreatselloff
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
This week, it’s time for our monthly consumer Q&A segment which we call the ‘The Situation.’ In this segment, I ask my co-host and colleague, John Pasalis, President and Broker at Realosophy Realty, in Toronto, to respond to the questions you are asking about all your buying, selling and renting moves across the Toronto area real estate market.
You can send your questions about your own real estate moves to be addressed in future episodes to askjohn@movesmartly.com
Sign up for John's 30 Minute Info Session - The Smart Way to Upsize In an Uncertain Market - https://www.movesmartly.com/buying_selling_signup
Contact Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
As Canadians head to the polls later this month, Move Smartly co-hosts Urmi and John assess the Liberal, Conservative and NDP housing plans.
Featuring John’s interview with campaigning Liberal Housing Minister, Nate Eskine-Smith.
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
Show Notes:
Liberal Party - March 2025 -Building Canada Strong: https://liberal.ca/housing-plan/
Conservative Party - March 2025 - Building Homes Not Bureaucracy: https://www.conservative.ca/building-homes-not-bureaucracy
Conservative Party - Dec 2023: Housing Hell - How We Got Here and How We Get Out: https://www.youtube.com/watch?v=RxKI9zKhDNE&t=782s
NDP - March 2025 - Building More Homes: https://www.ndp.ca/building-more-homes
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Each month, show co-host John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents, Anastasia Spozito and Davin McMahon, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments!
This week, what is the best way to buy or sell a home right now given the uncertainty about the Canadian economy amidst continued global economy uncertainty caused by the trade wars initiated by US Trump Administration? As usual our engaged viewers and listeners, have plenty of consumer questions about what’s next for their real estate moves, mortgage rates and more.
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
To learn about John’s new homebuying/selling right now session - email askjohn@movesmartly.com with the subject line “Smart”
John's latest monthly Toronto area real estate market report on MoveSmartly.com: https://www.movesmartly.com/reports
Dave Larock's latest weekly blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
It’s the Federal Election edition this month! Move Smartly Editor and Host, Urmi, once again speaks to John and Steve on what is going on in the data and on the ground in Toronto and Vancouver. And John and Steve sound off on what the two leading candidates to become Canada’s PM at the end of the month, Liberal Party leader and current PM, Mark Carney, and Progressive Conservative Party leader and Leader of the Opposition, Pierre Poilievre have to say on housing GST rebates, capital gains and more on housing as Canada heads to the polls this April 28, 2025.
Today’s Show Links:
A Sticky End: Lessons Learned from Toronto’s 2017 Real Estate Bubble: https://www.movesmartly.com/lessons-learned-from-toronto-2017-real-estate-bubble
Mark Carney Housing Plan - Mar 2025: https://liberal.ca/housing-plan/
Pierre Poilievre Housing Plan - Dec 2023: https://www.youtube.com/watch?v=RxKI9zKhDNE&t=768s
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
This week, it’s time for our monthly consumer Q&A segment which we call the ‘The Situation.’ In this segment, I ask my co-host and colleague, John Pasalis, President and Broker at Realosophy Realty, in Toronto, to respond to the questions you are asking about all your buying, selling and renting moves across the Toronto area real estate market. You can send your questions about your own eal estate move to be addressed in future episodes to askjohn@movesmartly.com or leave comments on YouTube channel under this video for those of you catching this segment there.
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
About This Show The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada. You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Urmi and John sit down with Ben Rabidoux, a leading housing analyst at Edge Realty Analytics. His firm provides in-depth data and insights on Canada’s housing market, with a focus on national trends and key metro areas like Vancouver and Toronto. It’s no surprise that many real estate professionals consider his monthly research reports essential reading.
With interest rates falling, inflation on the rise, and tariffs hitting Canada’s economy, the housing market is facing a whirlwind of change. How will these shifting economic forces play out in the coming months—and what do they mean for homebuyers, sellers, and investors? Let’s dive in.
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Each month, show co-host John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents, Gus Papaioannou and Peter Karlos, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments!
This week, detached homes hit a new low, rents fall and when are condo prices finally going to fall? And as interest rates fall amidst Canada’s trade tariff war with the US Trump administration continues, consumers have plenty of questions about what’s next for their real estate moves, mortgage rates and more.
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
To learn about John’s new homebuying/selling right now session - email askjohn@movesmartly.com with the subject line “Smart”
John's latest market report for October with latest data on MoveSmartly.com:https://www.movesmartly.com/reports
Dave Larock's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
It’s Day One of the latest Canada-US Trade Tariff War and this one is a doozey! Move Smartly Editor and Host, Urmi, once again speaks to John and Steve on what is going on in the data and on the ground in Toronto and Vancouver and how are Canadian real estate consumers reacting to the introduction of 25% blanket tariffs on our trade with the US courtesy of President Donald Trump? Will banks continue to prop up the pre-construction or are things changing? And will low interest rates and the first signs of prices dropping be enough to get Canadians back into real estate again like they did after the initial shock of the 2008 financial crisis and the Covid-19 pandemic shutdowns wore off?
Today’s Show Links:
John Pasalis - “Is Canada Propping Up Condos”: https://youtu.be/itUMEdVKiZ0?si=JrylsNlzn2UMYPzO
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Today’s episode is our monthly ‘The Situation’ consumer Q/A segment - Urmi once again asks John to respond to the detailed questions you send in about the real estate decisions you are making as you navigate through the Toronto area housing market.
Today, we hear from a family with a primary residence with a large mortgage in the wrong area, should they rent or try to sell up first? Then, when is it time to sell a condo investment in an old building to avoid more expenses and a city condo owner wonders if the time is right to upsize to a larger unit? Finally, when it comes to renting a property out, should you hire a property management company?
If you would like to send in your question to be considered for a future episode, please email askjohn@movesmartly.com
If you have a real estate situation you would like to discuss with John in private, please connect with John at movesmartly.com/meetjohn
Connect with Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
Each month, show co-host John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents, Gus Papaioannou and Davin McMahon, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments!
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
To learn about John’s new homebuying/selling right now session - email askjohn@movesmartly.com with the subject line “Smart”
John's latest market report for October with latest data on MoveSmartly.com:https://www.movesmartly.com/reports
Dave Larock's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
It’s roundtable time with John Pasalis in Toronto and Steve Saretsky in Vancouver!
This month, John and Steve discuss how hopeful views at the start of the year have weathered. And after a rollercoaster of the ride that is the Trump presidency over the last two weeks, with Canada still reeling from a - temporary - reprieve from an unprecedented 25% tariff smackdown from the US, can another Bank of Canada cut to bring its policy rate to 3% do anything to calm skittish home buyers?
Today’s Show Links:
Steve Saretsky X-Twitter: https://x.com/SteveSaretsky/status/1861831041385955768
New York Times - Trump Calls Canada a Big Player in the Fentanyl Trade. Is It? https://www.nytimes.com/2025/01/30/world/canada/canada-fentanyl-trump.html?smid=url-share
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here:
https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Our episode today is one of our “Move Smartly Ideas” segment, in which my colleague and co-host, John Pasalis and I take a deeper dive into housing economic and policy issues. In our conversation today, we cover what John thinks experts get wrong about the very nature of housing as a good — which leads to poor outcomes for everyday consumers — and why housing is not just about the numbers - it’s political.
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
Today’s episode is our monthly ‘The Situation’ consumer Q/A segment - Urmi once again asks John to respond to the detailed questions you send in about the real estate decisions you are making as you navigate through the Toronto area housing market.
Today, we hear from a growing family needing more room - do they keep trying to sell the small investment condo they own or sell the bigger one they’re living in? Then, how much more in repairs do you spend when you rent your condo out? Finally, are multiplexes better than condos for investors in Toronto?
If you would like to send in your question to be considered for a future episode, please email askjohn@movesmartly.com
If you have a real estate situation you would like to discuss with John in private, please connect with John at movesmartly.com/meetjohn
Connect with Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every podcast episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
Each month, show co-host John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents, Gus Papaioannou and Davin McMahon, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments!
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John’s homebuying webinar link: https://www.movesmartly.com/top-10-home-buying-strategies
John's latest market report for October with latest data on MoveSmartly.com:https://www.movesmartly.com/reports
Dave Larock's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
It’s our first roundtable of the year with my co-host John Pasalis in Toronto and Steve Saretsky in Vancouver.
This month, John and Steve discuss how the market performed last year and what we can expect in 2025. Plus, when will the preconstruction market slowdown result in price drops and how will the incoming U.S. President Trump’s threats against the Canadian economy and new Conservative government in Canada later this year and impact housing?
Today’s Show Links:
John Pasalis - “Is Canada Propping Up Condos”: https://youtu.be/itUMEdVKiZ0?si=JrylsNlzn2UMYPzO
Aziz Sunderji - “Immigration, Population Growth and the Allure of English Speaking Countries”: https://www.linkedin.com/posts/azizsunderji_ive-been-exploring-why-english-speaking-activity-7282448982860001283-ZeKy?utm_source=share&utm_medium=member_desktop
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here:
https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Each month, show co-host John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents, Gus Papaioannou and Davin McMahon, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments! Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John’s homebuying webinar link: https://www.movesmartly.com/top-10-home-buying-strategies
John's latest market report for October with latest data on MoveSmartly.com:https://www.movesmartly.com/reports
Dave Larock's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada. You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
It’s December and time for our last monthly Toronto and Vancouver real estate roundtable of the calendar year with my co-host John Pasalis in Toronto and Steve Saretsky in Vancouver. This week, John and Steve explain why a jump up in YOY sales numbers obscures the reality of a sluggish market with some segments performing better than other and just how Vancouver and Toronto have come to top the list of the most expensive 25 cities in the US & Canada, topping LA, San Francisco and New York. We ended with a lively debate about whether large corporations should be allowed to buy homes to rent out as Canada’s Finance Minister Chrystia Freeland calls for public submissions on this issue.
Today's Links:
Link to Wowa list of housing expenses in largest 25 cities in US & Canada: https://x.com/SteveSaretsky/status/1862941518144983313
Link to John and Steve twitter exchange re large corporations buying homes: https://x.com/JohnPasalis/status/1859682242366406986
Contact Us Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com About This Roundtable Series Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!) About This Show The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada. You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this week’s episode, John and Urmi talk to Paul Kershaw, policy professor at the University of British Columbia (UBC) School of Population and Public Health, and Founder of Generation Squeeze, a think tank that researches and advocates for today’s working age generations.
Today, we’ll dig into what Generation Squeeze thinks Canada needs to change about its housing policy and other programs to ensure more fairness across generations.
Link’s for Today’s Show:
Email Paul at paul.kershaw@ubc.ca and follow @GenSqueeze on X-Twitter
Generation Squeeze: https://www.gensqueeze.ca/
How Stats Can should improve measurement of housing inflation: https://www.gensqueeze.ca/canadians_should_celebrate_stalling_home_prices How governments have failed to plan adequately for the revenue required for an aging population: https://www.gensqueeze.ca/eby_ford_trudeau_failures_decades_ago How will younger people be compensated for the sacrifice they are making to protect the housing wealth of older generations: https://www.gensqueeze.ca/globe_mail_younger_canadians_deserve_compensation_home_prices Connect with The Show:
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: as kjohn@movesmartly.com | Twitter: @JohnPasalis Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every podcast episode on our MoveSmartly YouTube channel: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please share, subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
In this episode, we’re diving into a timeless economic solution that’s gaining new attention in today’s housing debates: the Land Value Tax (LVT). Unlike traditional property taxes, which tax both land and the structures on it, a Land Value Tax focuses solely on the land. This means property owners aren’t penalized for making improvements, like building more housing—a crucial distinction in the context of today’s housing crisis. We’ll explore the origins of this idea, tracing back to economists like Adam Smith and David Ricardo in the 1700s, and its popularization by Henry George in his influential 1879 book Progress and Poverty. Advocates of LVT, often called Georgists, have emerged from across the political spectrum, including notable figures like Milton Friedman and Joseph Stiglitz. Joining us is Floyd Marinesco from Common Wealth Canada, a think tank advocating for a Land Value Tax to address housing challenges in Canada. Floyd shares insights into how this idea could reshape housing markets and what lessons might apply to other regions facing similar issues. Have questions or feedback? Email me at askjohn@movesmartly.com—we’d love to hear from you!
Each month, show co-host John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents, Gus Papaioannou and Davin McMahon, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments!
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John’s homebuying webinar link: https://www.movesmartly.com/top-10-home-buying-strategies
John's latest market report for October with latest data on MoveSmartly.com: https://www.movesmartly.com/reports
Dave Larock's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
It’s November Roundtable time!
Note: This show was recorded before the results of the US election were reported - more on that next time
This week, John and Steve discuss whether their respective real estate markets in Toronto and Vancouver are picking up as sales increase and inventory comes down and how immigration cuts and calls to cut GST and development charges would impact sales and home prices.
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here:
https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this week’s episode, John and Urmi talk to Matt Young, Founder, President and CEO of Republic a Greater Toronto Area home building company and founder of the CantWin, the Coalition Against New Home Taxes, a campaign to urge governments to reduce the fees and taxes charged to builders.
Matt explains why he feels that of all costs facing buildings reducing taxes is the easiest way to make homes more affordable at a time when demand has really fallen for new housing.
Link’s for Today’s Show:
CantWin: https://www.cantwin.ca/
Republic: https://republicdevelopments.com/our-team/
Connect with Us:
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: as
kjohn@movesmartly.com | Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every podcast episode on our MoveSmartly YouTube channel: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please share, subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
Our episode today is our monthly ‘The Situation’ consumer Q/A! Urmi once again asks John to respond to the detailed questions you send in about the real estate decisions you are making as you navigate through the Toronto area housing market.
Today, we hear from an upsizer wondering if they should hang onto their first home as an investment, a soon-to-be retiree who has a new freehold townhome in Southeast Ontario worth a lot less then they bought it for, and a would-be home buyer wondering how much the completion of the new Ontario transit line in Toronto will boost home prices.
If you would like to send in your question to be considered for a future episode, please email askjohn@movesmartly.com
If you have a real estate situation you would like to discuss with John in private, please connect with John at movesmartly.com/meetjohn
Connect with Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every podcast episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
This week our episode is another session of “Move Smartly Ideas” - our deeper dive into housing economic and policy issues.
Today, we are going to talk to John about how his own research into how investors impact the housing market as he completes his own doctoral degree on the same.
Today's show links:
A Sticky Ending: Lessons Learned from Toronto’s 2017 Real Estate Bubble: https://www.movesmartly.com/lessons-learned-from-toronto-2017-real-estate-bubble
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
Each month, show co-host John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents, Gus Papaioannou and Davin McMahon, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments!
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John's latest market report for October with latest data on MoveSmartly.com:https://www.movesmartly.com/reports
Dave Larock's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
It’s October Roundtable Rumble time!
In a preview of their big bull vs bear real estate debate in Toronto this week, John and Steve explain how the prospect of lower interest rates, big mortgage moves by the federal government and other campaigning politicians will impact a sluggish real estate market. And as usual, we go through the latest stats and explain flat market conditions in Toronto & Vancouver
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here:
https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Today’s episode is our monthly ‘The Situation’ consumer Q/A segment - Urmi once again asks John to respond to the detailed questions you send in about the real estate decisions you are making as you navigate through the Toronto area housing market.
Today, we hear from a would-be upsizer wondering if they should buy before they sell, a condo rental owner who wonders if they will have to pay tax if they move in themselves and a frustrated young buyer wonders how this generation will ever caught up to previous generations when it comes to home ownership and retirement.
Links for today’s show:
- Canada Government - Change in Use of Property: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-12700-capital-gains/principal-residence-other-real-estate/changes-use.html
- How to Avoid Capital Gains Tax When Moving To A Rental Property: https://realestatetaxtips.ca/avoid-capital-gains-tax-when-moving-to-a-rental-property/
- Generation Squeeze: https://www.gensqueeze.ca/
If you would like to send in your question to be considered for a future episode, please email askjohn@movesmartly.com
If you have a real estate situation you would like to discuss with John in private, please connect with John at movesmartly.com/meetjohn
Connect with Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every podcast episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
As the federal Liberal government makes some major mortgage rule changes this week to help first-time buyers and and others being left behind in Canada’s housing affordability crisis, my colleague and co-host, John Pasalis and I discuss the impact of these moves in an occasional series we call “Move Smartly Ideas” - our chance to take a deeper dive into housing economic and policy issues.
Today's show links:
Finance Canada - Official Announcement - The Boldest Mortgage Reforms in Decades: https://www.canada.ca/en/department-finance/news/2024/09/the-boldest-mortgage-reforms-in-decades
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
Each month, show co-host John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents, Gus Papaioannou and Davin McMahon, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments!
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John's latest market report for September with latest data on MoveSmartly.com: https://www.movesmartly.com/reports
Dave Larock's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
School’s back in session and so are we - it’s time for our September Roundtable with Urmi, John and Steve!
John and Steve take us through the latest stats and explain flat market conditions in Toronto & Vancouver and how falling interest rates and a softening economy will impact markets. We also discuss softening rental markets across Canada as the drop in foreign students is felt and revisit why demand has been the overlooked factor in our housing crisis. Also: What is the underlying factor driving the global housing affordability crisis?
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here:
https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In today’s ‘Move Smartly Ideas’ episode, my colleague and co-host John Pasalis have our longer-form chat about big ideas in real estate history, policy and economics.
Today, John takes us on a tour of sunny Athens and tells us about the history of its housing and what we can learn from it as many make the case for more lower-rise high-density buildings in Toronto and other Canadian cities.
Today's show links:
John Instagram Video - “Athens: A City of 6-Storey Polikatoikies”: https://www.instagram.com/reel/C9PHkutuhBc/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==
Bloomberg, City Lab, “Behind the Accidentally Resilient Design of Athens Apartments”: https://www.bloomberg.com/news/features/2020-07-15/the-design-history-of-athens-iconic-apartments
Dezeen on Le Corbusier Dom-Ino House: https://www.dezeen.com/2014/03/20/opinon-justin-mcguirk-le-corbusier-symbol-for-era-obsessed-with-customisation/
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
Each month, show co-host John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents, Gus Papaioannou and Davin McMahon, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments!
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John's latest market report for June with latest data on MoveSmartly.com: https://www.movesmartly.com/reports
Dave Larock's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
It’s time for our August Toronto-Vancouver real estate roundtable with Urmi, John back in Toronto, and Steve in Vancouver!
John and Steve take us through the latest stats and explain how prices are staying flat when listing levels climb. How will more interest rate cuts amidst global economic worries impact Canada’s main real estate markets. Also: Should the federal government be doing more about curbing Airbnb businesses?
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here:
https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Hi, I’m Urmi Desai, editor of MoveSmartly.com, and this is the Move Smartly podcast.
My co-host and colleague John Pasalis at Realosophy Realty and I would like to thank you for listening to us throughout the year as we explore all topics related to residential real estate in Toronto, Canada and beyond.
During this summer season, we will be taking occasional breaks and not present any new episodes in some weeks. We look forward to returning to our regular weekly schedule in the fall.
As always, if you enjoy listening to our show and find it informative, I’d like to ask you to take a moment to leave a five-star review wherever you are listening to us, whether it’s on Apple podcasts, Spotify, Amazon music or Audible — so that other listeners can find our show.
Thank you and have a great summer!
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
Each month, John Pasalis (Realosophy Realty) presents his latest data and top stories on Toronto area real estate in conversation with his Realosophy agents, Gus Papaioannou and Davin McMahon, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments!
Participate live: Watch on this YouTube channel and us the chat feature during live broadcast to ask your own questions
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John's latest market report for June with latest data on MoveSmartly.com:https://www.movesmartly.com/reports John’s Video - Are Condo Investors Being Propped Up in Canada? https://youtu.be/itUMEdVKiZ0?si=p-yvtVlO73H8v3j8 Dave Larock's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock Ben Rabidoux on Twitter:https://x.com/BenRabidoux Edge Analytics:https://edgeanalytics.ca/about/
Contact Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This ShowThe Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!
It’s a world-spanning July episode of the Toronto-Vancouver real estate roundtable with John in Greece, Steve in Vancouver and Urmi in Toronto! The weather is warm, but the biggest Canadian real estate markets remain anything but — John and Steve take us through the latest stats for Toronto and Vancouver and explain whether yet another new record high in condo listings and investors existing will finally result in more options and better prices for end-users. Also: as average gifts to home buyers from family now averages over $100,000 in Canada, is it finally time to talk about taxing gains on principal residences? Contact Us Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com Follow John on X-Twitter @JohnPasalis;Email at: askjohn@movesmartly.com Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com About This Roundtable Series Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!) About This Show The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada. You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
It’s time for our June ‘The Situation’ consumer Q/A segment!
Urmi once again asks John to respond to the detailed questions you send in about the real estate decisions you are making as you navigate through the Toronto area housing market. Today, John responds to the following situations: 0:00 Intro
1:04 My Investment is Not Appreciating, Can I Do Better with Another Property?
18:32 When Do I Bail Out on an Aging Condo That Needs Repairs?
29:56 Will a Co-Ownership Company Finally Get Me Onto the Property Ladder?
Links for today’s show:
- John Video - Toronto Condo Investors Are Bleeding Cash - How Long Can This Last?: https://youtu.be/xbZqR-maRI4
If you would like to send in your question to be considered for a future episode, please email askjohn@movesmartly.com
If you have a real estate situation you would like to discuss with John in private, please connect with John at movesmartly.com/meetjohn
Connect with Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every podcast episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
In 2020 Move Smartly host John Pasalis raised an important concern about Toronto’s pre-construction condominium market – that investors were paying a very high price when compared to what existing units were selling for. What would happen if those units were not worth what the investors paid for them when they were done?
Many of those units are now completed, and in many cases, they are not worth what investors paid. But why are we not hearing about distressed investors who can’t get a mortgage because they overpaid for their condos?
In today’s episode, John asks if our government and big banks are propping up these condo investors to prevent condo prices from falling.
Contact Us
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here:
https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Each month, John Pasalis (Realosophy Realty) presents his latest data and top stories on Toronto area real estate in conversation with his Realosophy agents, Gus P and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat and make this is one of our liveliest segments!Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John's latest market report for June with latest data on MoveSmartly.com:https://www.movesmartly.com/reports
Dave Larock's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock
Contact Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every podcast episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
It’s the first summer episode for the Toronto-Vancouver real estate roundtable time with Urmi, Steve and John!
The weather may be jumping up, but the real estate markets remain sluggish - John and Steve take us through the latest stats and explain what is happening in the condo sector as listings hit a record high. Also: the first interest rate cut has finally dropped - how will it affect the market? Plus, Canadian PM Justin Trudeau admits that no one really wants home prices to fall — so how exactly is the government going to restore housing affordability for current and next generations?
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here:
https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
In this week’s episode, John Pasalis talks with Ben Rabidoux, founder of Edge Realty Analytics, which provides data and insights on Canadian housing and economic trends and more in-depth reporting on major metro-level trends in Vancouver and Toronto. Many real estate professionals consider Ben’s monthly research reports a can’t-miss read for good reason.
Ben shared his thoughts on why Canada’s economy is in worse shape than what the markets think. He also unpacks the massive shortage of family-sized homes, where he notes that Canada is starting only one new home for every 20 new people moving to Canada. Finally, Ben also discussed how a decline in Canada’s population growth rate and housing starts will impact the housing market in the months and years ahead.
Contact Us
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here:
https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
Each month, John Pasalis (Realosophy Realty) presents his latest data and top stories on Toronto area real estate in conversation with Urmi Desai (Move Smartly Editor) and guests, including Realosophy agents and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation live and make this is one of our liveliest segments!
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John's latest market report for May with latest data on MoveSmartly.com: https://www.movesmartly.com/monthly-report-2024-may
John Vlog - Pricing Right While Selling Right Now: https://youtu.be/qUdoWnwwC1M?si=EFqsxym-iPv-hDMw
Dave Larock's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/was-our-latest-employment-data-just-sound-and-fury
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every podcast episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
It’s really springtime and we’re here with our May Toronto-Vancouver real estate roundtable with Urmi, Steve and John!
In what should normally be the busiest real estate market of the year, John and Steve explain slow conditions in Toronto and Vancouver - with some nuanced trends. Demand for low-rise homes is low but listings are only rising from a historic low, so it’s a bit of a stalemate still peppered with some bidding wars. On the condo side, listings are climbing - and new condo sales are way down, is this the start of a longer condo market dip? Also: how much have delayed interest rate cuts and revised forecasts calling for rates to stay higher longer impacting the market?
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here:
https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
It’s time for our May ‘The Situation’ consumer Q/A segment!
Urmi once again asks John to respond to the detailed questions you send in about the real estate decisions you are making as you navigate through the Toronto area housing market.
Today, we hear from a frustrated owner of a pre-construction condo being appraised for less than what he paid for it, a second home owner who wonders if she reduce her taxes if her son lives in it and or sell it and a condo investor who worries about the impact of the capital gains tax increase.
Links for today’s show:
- John’s Video - Buying or Selling a Tenanted Property - What You Need to Know: https://youtu.be/EjyfnjFNoF8?si=0TF44eiJ-d_vsqEq
If you would like to send in your question to be considered for a future episode, please email askjohn@movesmartly.com
If you have a real estate situation you would like to discuss with John in private, please connect with John at movesmartly.com/meetjohn
Connect with Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
If you enjoy our show and find it useful, please share, subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
Watch all podcast episodes on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
In today’s episode, John talks to Murtaza Haider about rent controls in Canada and their potential impact on rental supply. Murtaza is a professor of Data Science and Real Estate Management at Toronto Metropolitan University.
In the lively chat, we discuss why Ontario has seen very little growth in rental housing even though the new rental supply is not rent controlled. We also discuss the differences in approach to rental housing between North American and European economists and governments. North Americans lean more towards a free market approach to rental housing, while Europeans have coupled adequate rental supply while maintaining policies that protect tenants.
Today's show links:
Watch this episode on our YouTube channel: https://www.youtube.com/movesmartly
Ricardo Tranjan in the Toronto Star: https://www.thestar.com/opinion/contributors/rent-controls-work-they-don-t-reduce-housing-supply-but-they-do-limit-profit/article_77ca720a-dfd5-11ee-982b-3ba3433ea220.html
Murtaza Haider in the Financial Post: https://financialpost.com/real-estate/rent-controls-hurt-rental-supply
Rent Controls, Rental Prices and Rental Supply - CMHC Summary
https://tinyurl.com/2efscwuw
Study of the Impacts of Rent Control Policies - CMHC Report
https://tinyurl.com/458svhzj
Follow Murtaza Haider on Twitter: @regionomics
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
Urmi Desai, Editor/Host, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
As they head off low polling numbers ahead of next year’s election, Canada’s governing Liberals have released a federal budget largely focussed on Canada’s housing availability and affordability crisis. Urmi and John discuss the background and efficacy of the many measures proposed including: subsuming immigration policy and targets to housing realities, an increased capital gains tax that will hit some housing investors, an extended ban on foreign buyers, and a pile of supply-side policies that is aimed at yielding a net 2 million new homes by 2031. What - if anything - will actually work?
Today’s Show Links:
The Liberal Government Federal Budget 2024: https://budget.canada.ca/2024/home-accueil-en.html
The Liberal Government’s 2024 Housing Policy “Solving the Housing Crisis: Canada’s Housing Plan”: https://www.infrastructure.gc.ca/housing-logement/housing-plan-logement-eng.html
CMHC Housing Affordability Report: https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-research/research-reports/accelerate-supply/housing-shortages-canada-solving-affordability-crisis
John discusses the Federal Liberal Government ‘Renter Bill of Rights’: https://youtu.be/nZSipNZ6iZc?si=0hXsNGDxugrQEe6p
John discusses the Federal Government’s Extension of Mortgage Terms to 30Y for First-Time Buyers of New Builds: https://youtu.be/OersDqVRNWg?si=71Y_mZ2IUWFHKUQ0
Connect with Us:
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every podcast episode on our MoveSmartly YouTube channel: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please share, subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
Each month, John Pasalis (Realosophy Realty) presents his latest data and top stories on Toronto area real estate in conversation with Urmi Desai (Move Smartly Editor) and guests, including Realosophy agents and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation live and make this is one of our liveliest segments!
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next online market update to join our session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John's latest market report for April with latest data on MoveSmartly.com:https://www.movesmartly.com/monthly-report-2024-april
Dave's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/why-the-bank-of-canada-probably-wont-talk-about-rate-cuts-this-week
Canada announcement for 30Y mortgages for first-time buyers of new homes: https://www.bnnbloomberg.ca/canada-to-allow-30-year-amortization-for-first-time-buyers-mortgages-on-new-homes-1.2057988
Bob Farrell's 10 rules for investing: https://school.stockcharts.com/doku.php?id=overview%3Abob_farrell_10_rules
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this and every podcast episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
It’s Toronto-Vancouver real estate roundtable time with Urmi, Steve and John!
After the egg hunts, we’re left in that weird grey area, both weather-wise and in our real estate markets - John and Steve take us through the latest stats and on the ground realities. Also: when will interest rates start to fall and how will this impact the market and investors? Plus, the Liberal federal government, in full election mode, are now throwing around out policy announcements every day - which ones, from reductions in non-permanent resident numbers to a new renter bill of rights will actually make a difference?
Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com
About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here:
https://www.youtube.com/movesmartly
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!
We are back with our popular consumer Q/A segment, ‘The Situation’!
Urmi once again asks John to respond to the detailed questions you send in about the real estate decisions you are making as you navigate through the Toronto area housing market.
Today, we hear from a family who wonders if they should take advantage of the opportunity to buy the home they are renting from their landlord, a reluctant investor who wonders whether he should rent out his newly built condo or sell it and a home owner who wonders whether garden suites/laneway homes add value to a property?
Links for today’s show:
- Kyle Lamothe, Tax Lawyer: https://www.thor.ca/lawyers/kyle-lamothe/
If you would like to send in your questions to be featured on a future episode, please email askjohn@movesmartly.com
If you have a more specific or particular real estate situation to discuss with John and his team at Realosophy Realty, connect with John at movesmartly.com/meetjohn
Watch this episode on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Connect with Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
If you enjoy our show and find it useful, please share, subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
In today’s episode, Urmi talks to Gregor Craigie, journalist, Host of ‘This Island’ on CBC Radio One in Victoria, and author of the new book, “Our Crumbling Foundation: How We Solve Canada’s Housing Crisis.” Gregor’s new book looks at the very human stories of those living out Canada’s housing crisis across the country and hopeful examples of policies from around the world that may help address it.
In our chat, we talk about the diversified faces of the crisis from young families priced out of Vancouver, newcomer home buyers getting into financial trouble in the Toronto area, renters being priced out of Montreal, and those living permanently in RVs in Nova Scotia. We also discuss how successful stories of infill supply expansion found in other global cities might be problematic to realize in Canada, the role immigration has played in the crisis and how we might better hold our politicians to account about our housing crisis.
Today's show links:
Gregor Craigie’s new book, “Our Crumbling Foundation”: https://www.penguinrandomhouse.ca/books/736870
Contact Us
Gregor Craigie, Author, Our Crumbling Foundation | X-Twitter: @GregorCraigie
Urmi Desai, Editor/Host, Move Smartly | Email: editor@movesmartly.com| X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
In this month’s live market update, John presents the latest data and reviews top stories for the month. David Larock, Move Smartly’s expert mortgage broker, talks about upcoming 5-year mortgage renewals rates will impact the housing marketing and economy at large as borrowers encounter higher rates than they locked in 5 years ago. As usual, Urmi asks the audience questions coming into our online chat along the way!
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next live market update to join this session online: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
Watch this episode on our YouTube channel: https://www.youtube.com/live/yA6IOBOpgLw?si=iywfL0boI9wVcjS0
John's latest market report for March with latest data on MoveSmartly.com:https://www.movesmartly.com/monthly-report-2024-march
Dave's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/the-longer-the-first-rate-cut-takes-the-lower-our-variable-mortgage-rates-will-go
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
It’s time for our March Toronto-Vancouver real estate roundtable with Urmi, Steve and John!
As both the market heats up, John and Steve assess whether anticipated interest rate declines later this year will actually happen and how it will impact the real estate market. Also, an audience question asks whether a slump in the construction sector on which the Canadian economy is so dependent may lead to a recession. Plus Urmi asks John and Steve to assess whether some of the many new housing measures suddenly being thrown at the housing affordability crisis are helping or hurting.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Follow John on Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Steve on Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
To set-up a personal meeting with John Pasalis to discuss your own real estate questions privately, visit: https://www.movesmartly.com/meetjohn
Follow us and send us your questions and feedback about the show via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
It’s the March ‘The Situation’, our in-depth consumer Q/A!
As usual, Urmi asks John to respond to the detailed questions you send in about the real estate decisions you are making as you navigate through the Toronto area housing market.
This month, we hear from a family who are considering hiring their neighbour to sell their mom's home. And given that home prices in the Toronto area are out of reach for most families, isn't it only natural to expect prices to fall so that homes become affordable again?
If you would like to send in your questions to be featured on a future episode, please email askjohn@movesmartly.com
If you have a more specific or particular real estate situation to discuss with John and his team at Realosophy Realty, connect with John at movesmartly.com/meetjohn
Watch this episode on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Connect with Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
If you enjoy our show and find it useful, please share, subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
In today’s episode, John and Urmi talk to Mikal Skuterud about Canada’s changing migration policies and larger impacts on society and housing. Mikal is a Professor at the University of Waterloo who specializes in labour economics and immigration policy.
In the lively chat, we talk about how Canada’s historic levels of migrants have recently spiked and how the flows of different arrivals such as students, temporary workers and permanent workers have been changing. We compare Canada vs US approaches, how immigration links to economic productivity and take on some myths.
Today's show links:
Watch this episode on our YouTube channel: https://www.youtube.com/movesmartly
Mikal Skuterud and Parisa Mahboubi Globe and Mail Op-ed: https://www.theglobeandmail.com/business/commentary/article-canada-must-stem-the-surge-in-temporary-foreign-workers-and/
Mikal Skuterud on The Hub: https://thehub.ca/2023-11-13/canadians-are-turning-against-immigration-labour-economist-mikal-skuterud-on-how-to-reform-the-system-and-reverse-this-trend/
Follow Mikal Skuterud on Twitter: @mikalskuterud
Nicholas Hune-Brown in the Walrus: https://thewalrus.ca/the-shadowy-business-of-international-education/
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
In this month’s live market update, John presents the latest data and is once again joined by his fellow Realosophy Realty agents Gus and Davin to talk about how buyers and sellers have changing — and often opposing views — on the market as sales pick-up in the Toronto area. David Larock, Move Smartly’s expert mortgage broker, talks about why hopes for a soft landing for the economy may be too optimistic and what’s likely next for mortgage rates. And Urmi asks the audience questions coming into our online chat along the way!
Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Sign up for our email list to be alerted to the next live market update to join this session online: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
Watch this episode on our YouTube channel: https://www.youtube.com/live/6P9HXvF5gCk?si=NAvBjvwiQSWv0sXJ
John's latest market report for January with latest data on MoveSmartly.com:https://www.movesmartly.com/articles/torontos-roller-coaster-2023-housing-market-sales-hit-a-20-year-low
Contact Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
Dave's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/the-bank-of-canadas-inflation-pickle
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
The market is heating up as we’re back with our Feb Toronto-Vancouver real estate roundtable with Urmi, Steve and John!
As sales rebound, we discuss what is behind the boost and whether it’s part of a larger trend? How will the BoC next rate moves impact consumer sentiment? And we take a closer look at the condo market as rents decline and units are not selling.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Links referenced in this episode:
- Urbanation Q4-2023 Condominium Market Survey results: https://www.urbanation.ca/news/gta-new-condo-sales-fell-15-year-low-2023
Follow John on Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Steve on Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
To set-up a personal meeting with John Pasalis to discuss your own real estate questions privately, visit: https://www.movesmartly.com/meetjohn
Follow us and send us your questions and feedback about the show via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we’re on YouTube, Apple Podcasts, Spotify, Amazon Music, Audible and more!
It’s the February ‘The Situation’, our in-depth consumer Q/A!
As usual, Urmi asks John to respond to the detailed questions you send in about the real estate decisions you are making as you navigate through the Toronto area housing market.
This month, we hear from a buyer who was going to wait to jump back into the market amidst high prices and high interest rates but is now worried about falling behind another market surge and a seller who wonders if they should sell now, in the spring or in the fall - when interest rates might fall. And when it comes to long-term home price appreciation, which is a better bet: Toronto or its suburbs?
If you would like to send in your questions to be featured on a future episode, please email askjohn@movesmartly.com
If you have a more specific or particular real estate situation to discuss with John and his team at Realosophy Realty, connect with John at movesmartly.com/meetjohn
Watch this episode on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Connect with Us
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
If you enjoy our show and find it useful, please share, subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
Today’s episode is a return to our semi-regular feature called Move Smartly ideas, where Urmi and John unpack and discuss some of the bigger issues impacting the housing market in Toronto and Canada.
This week, Urmi and John return to talking about some of the ‘big numbers’ in housing policy and economics. This time, we talk about how Canada’s population growth impacts our housing market and affordability issues and why we can’t ‘build our way’ out of the problem. Also, why investor demand is hard to measure and why it is of particular importance.
Today’s Show Links:
Our previous discussion about the big numbers that matter “How Should We Really Be Measuring Our Housing Needs & Results”: https://youtu.be/tu-H1sdPKGw?si=1dvuZivruZMiz-lt
CMHC Housing Affordability Report: https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-research/research-reports/accelerate-supply/housing-shortages-canada-solving-affordability-crisis
Ontario Housing Affordability Task Force: https://www.ontario.ca/page/housing-affordability-task-force-report
Set-up a personal meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Watch this show on our YouTube channel: https://www.youtube.com/movesmartly
Connect with Us:
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
If you enjoy our show and find it useful, please share, subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
In this month’s live market update, John presents the latest data and is joined by Realosophy agents Gus and Davin to talk about how buyers and sellers are experiencing the market on the ground in the Toronto area. Plus David Larock, Move Smartly mortgage broker, talks about why slightly elevated inflation - due to high housing costs - may impact the Bank of Canada’s next interest rate moves. Plus audience Qs on how different regions of Toronto area are performing, what’s going on in the condo market and more.
Set-up a personal meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn
Watch this show on our YouTube channel on demand: https://www.youtube.com/live/4l4oSVtBhZs?si=poBVOvPZHrQUiXDA
Sign up for our email list to be alerted to the next live market update to join this session online: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John's latest market report for January with latest data on MoveSmartly.com:https://www.movesmartly.com/articles/torontos-roller-coaster-2023-housing-market-sales-hit-a-20-year-low
Dave's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/the-bank-of-canadas-inflation-pickle
Feedback or Questions? Connect with Us:
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
Follow us and send us your questions and feedback about the show via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!
It’s a New Year — and we’re back with our first roundtable for 2024 on Toronto-Vancouver real estate roundtable with Urmi, Steve and John!
What did year-end stats suggest about the year that was in Toronto and Vancouver real estate — and what’s in store for 2024? And how do we make sense of a slew of recent eye-brow raising stats from Canada’s top politicians and venerable international publications on everything from Canada’s debt levels to its housing affordability?
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Links referenced in this episode:
- Robert J. Shiller:
- Nobel Prize: https://www.nobelprize.org/prizes/economic-sciences/2013/shiller/facts/
-
Books: http://www.econ.yale.edu/~shiller/books.htm
-
Pierre Poilievre:
- Debtonation Video: https://youtu.be/p20v8vBwJ8A?si=3YnJ5eKmDi7qoGIg
Follow John on Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Steve on Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
To set-up a personal meeting with John Pasalis to discuss your own real estate questions privately, visit: https://www.movesmartly.com/meetjohn
Follow us and send us your questions and feedback about the show via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we’re on YouTube, Apple Podcasts, Spotify, Amazon Music, Audible and more!
t’s time for our regular live monthly market update!
John presents the data and story highlights from his latest market report December and is joined by David Larock, Move Smartly blogger, mortgage broker and analyst who discusses his latest weekly post on mortgages as both Canada and US central banks hold interest rates - what does it mean for the market in the new year? Urmi follows our YouTube live chat to ask John and Dave your great audience questions as usual!
To book a Home Buyer/Seller Consultation with John Pasalis and Realosophy Realty about your more detailed questions: https://www.movesmartly.com/meetjohn
Watch this show on our YouTube channel on demand: https://www.youtube.com/live/xOfodGl3xr4?si=FA_ehrSKdCA4Z6dj
Sign up for our email list to be alerted to the latest monthly report/live market update to watch online and ask your own questions here: https://www.movesmartly.com/monthly-public-webinar
Today's show links:
John's latest market report for December with latest data on MoveSmartly.com:https://www.movesmartly.com/monthly-report-2023-december
John’s interview with Robert Kavcic Move Smartly YouTube: https://youtu.be/qu9C46fJ618?si=n88po1RZ70dtTX2N
Dave's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/five-key-take-aways-from-the-bank-of-canadas-latest-policy-rate-decision
Feedback or Questions? Connect with Us:
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
Follow us and send us your questions and feedback about the show via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
If you enjoy our show and find it useful, please like, comment, share, and subscribe on whatever platform you are watching or listening to us from - we’re on YouTube, Apple Podcasts, Spotify, Amazon Music, Audible and more.
It’s December — and time for our monthly Toronto-Vancouver real estate roundtable with Urmi, Steve and John!
Will the Bank of Canada’s second rate hold and murmurs of a peak at 5% impact re-spark markets in Toronto and Vancouver? And deep dive into what campaigning Conservative candidate for PM, Pierre Poilievre gets right and wrong about Canada’s housing affordability crisis.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Links for this Show:
- Pierre Poilievre Video - Housing hell: How we got here and how we get out: https://youtu.be/RxKI9zKhDNE?si=k4UQsbGHsGApfZ4H
Follow John on Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Steve on Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
Follow us and send us your questions and feedback about the show via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
If you enjoy our show and find it useful, please like, comment, share, and subscribe on whatever platform you are watching or listening to us from - we’re on YouTube, Apple Podcasts, Spotify, Amazon Music, Audible and more.
Today is one of our favourite features, the in-depth consumer question segment, which we call ‘The Situation’.
As we do each month, Urmi Desai, Move Smartly Editor, asks co-host John Pasalis, Broker and President at Realosophy Realty here in Toronto, to respond to the detailed questions you send in about the real estate decisions you are making as you navigate through in the Toronto area market.
This month, we hear from first-time buyers trying to buy a home fit for a family while keeping up their retirement goals, those trying to rent out their properties in a slowing rental market. And a condo seller wonders if they should wait until the spring market.
If you would like to send in your questions to be potentially be featured on a future episode, please email askjohn@movesmartly.com
If you want to set-up a meeting with John to discuss your situation privately, please visit movesmartly.com/meetjohn
Today’s Show Links:
- John November Move Smartly Market Report: https://www.movesmartly.com/monthly-report-2023-november
- Join John’s Live Monthly Market Update: https://www.movesmartly.com/monthly-public-webinar
About This Show
The Move Smartly podcast is hosted by Urmi Desai, Move Smartly editor, and John Pasalis, Broker and President of Realosophy Realty in Toronto, Canada. MoveSmartly.com is powered by Realosophy Realty.
Follow John on Twitter @JohnPasalis and email him at: askjohn@movesmartly.com
Follow us and send us your questions and feedback about the show via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
If you find the Move Smartly show useful, please follow us and leave a 5-star rating on whatever platform you are watching or listening to us from!
Today’s episode is a return to our semi-regular feature called Move Smartly ideas, where Urmi and John unpack and discuss some of the bigger issues impacting the housing market in Toronto and Canada.
This week, Urmi asks John about some the ‘big numbers’ in housing policy and economics - and wonders whether we know how accurate they are in terms of setting the goals for housing that Canada, Ontario and Toronto need to meet and why we don’t hear more about them from our politicians and the media when it comes to tracking and staying accountable for progress?
If you enjoy listening to our show and find it informative, I’d like to ask you to take a moment to leave a five-star review on the podcast platform you are listening to us on.
Today’s Show Links:
CMHC Housing Affordability Report: https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-research/research-reports/accelerate-supply/housing-shortages-canada-solving-affordability-crisis
Ontario Housing Affordability Task: https://www.ontario.ca/page/housing-affordability-task-force-report
Smarter Prosperity Institute - Ontario Housing Supply Needs: https://institute.smartprosperity.ca/1.5MillionMoreHomes
Feedback or Questions? Connect with Us:
Urmi Desai, Editor, Move Smartly: movesmartly.com | YouTube: https://www.youtube.com/movesmartly | Email: editor@movesmartly.com | Twitter: @MoveSmartly
John Pasalis, President and Broker, Realosophy Realty, Toronto: realosophy.com | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
About This Show
The Move Smartly show is hosted by Urmi Desai, Founding Editor of Move Smartly, and John Pasalis, Broker and President of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
It’s time for our regular live monthly market update!
As usual John is armed with facts and figures and is once again joined by David Larock, our crack mortgage broker and analyst who blogs with us at Move Smartly. Along the way, Urmi is following our live chat to ask John and Dave viewer questions in this live session!
Today's show links:
John's latest market report for November with latest data on MoveSmartly.com:https://www.movesmartly.com/monthly-report-2023-november
John’s interview with Robert Kavcic Move Smartly YouTube: https://youtu.be/qu9C46fJ618?si=n88po1RZ70dtTX2N
Dave's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/canadian-fixed-mortgage-rates-fell-but-by-less-than-expected
You can participate in our live sessions to ask your own questions and rewatch previous sessions on our Move Smartly YouTube channel here: https://www.youtube.com/live/3xAg07_SHdA?si=AoD9GAC98vQe1eTF
Join email list to get notified each month about John’s monthly report/live market update https://www.movesmartly.com/monthly-public-webinar
To book a Home Buyer/Seller Consultation with John Pasalis and Realosophy Realty about your more detailed questions: https://www.movesmartly.com/meetjohn
Feedback or Questions? Connect with Us:
John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis
David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | Twitter: @Dave_at_IMP
Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly
About This Podcast
The Move Smartly podcast is hosted by Urmi Desai, editor of MoveSmartly.com editor, John Pasalis, Broker and President of Realosophy Realty. MoveSmartly.com and its media channels are powered by Realosophy Realty in Toronto, Canada.
It’s darker out there in more ways than one — and time for our monthly Toronto-Vancouver real estate roundtable for November with Urmi, Steve and John!
This month, John and Steve explain what markets are like in Toronto & Vancouver and how interest rates will dictate what will happen next.
We also discuss major signs of trouble in the pre-construction market, including several fires that have damaged hundreds of homes nearing completion in the Toronto area, the latest from the Trudeau federal government on immigration targets amidst a housing crisis and what a landmark ruling against U.S. real estate agents might mean for commissions in Canada as well.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Links for this Show:
- Loonie Hour Live in Toronto tickets: https://www.eventbrite.com/e/the-loonie-hour-live-in-toronto-tickets-742892650917
Feedback or Questions? Connect with us on Twitter:
@MoveSmartly
@JohnPasalis
@SteveSaretsky
Reach out to the show over email at editor@movesmartly.com
About This Show
The Move Smartly podcast is hosted by Urmi Desai, Move Smartly editor, and John Pasalis, Broker and President of Realosophy Realty in Toronto, Canada. MoveSmartly.com is powered by Realosophy Realty.
In today’s episode, we take a look at Canada’s economy to get some insight into how the broader macroeconomic trends might impact Canada’s housing market in the months ahead.
We’ll discuss how Canada’s booming population is masking what is really happening in Canada’s economy, why the Bank of Canada may not cut rates even if we are in a recession and how high interest rates might impact Canada’s housing market in the months and years ahead.
My guest today is going to help us unpack all of these latest economic trends. Robert Kavcic is Senior Economist and Director Economics at Bank of Montreal and specializes in analyzing real estate trends.
To book a Home Buyer/Seller Consultation with John Pasalis and Realosophy Realty about your more detailed questions: https://www.movesmartly.com/meetjohn
Follow John on Twitter @JohnPasalis and email him at: askjohn@movesmartly.com
Follow us and send us your questions and feedback about the show via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
About This Show
The Move Smartly podcast is hosted by Urmi Desai, Move Smartly editor, and John Pasalis, Broker and President of Realosophy Realty in Toronto, Canada. MoveSmartly.com is powered by Realosophy Realty.
We are back with our October episode of the consumer Q&A, ‘‘The Situation’!
Once again, Urmi asks John to respond to the detailed questions that real estate consumers across the GTA are asking right now.
We hear from a young family wondering if they should stretch to buy their family home, a seller who wonders if she needs to reduce her condo price and an owner planning to downsize in the next few years — and wondering if they should risk waiting.
Today’s Show Links:
- What to Know When Working With an Agent: https://youtu.be/12bGC-B52XI?si=e_tXi9ddIXUVHhaz
- October Monthly Market Update: https://www.youtube.com/live/vouOvJIZyUE?si=HnYEMHFxOJtwHSNZ
To book a Home Buyer/Seller Consultation with John Pasalis and Realosophy Realty about your more detailed questions: https://www.movesmartly.com/meetjohn
Follow John on Twitter @JohnPasalis and email him at: askjohn@movesmartly.com
Follow us and send us your questions and feedback about the show via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
About This Show
The Move Smartly podcast is hosted by Urmi Desai, Move Smartly editor, and John Pasalis, Broker and President of Realosophy Realty in Toronto, Canada. MoveSmartly.com is powered by Realosophy Realty.
t’s time for our regular live monthly market update!
As usual John is armed with facts and figures and is once again joined by David Larock, our crack mortgage broker and analyst who blogs with us at Move Smartly. Along the way, Urmi is following our live chat to ask John and Dave your key questions!
You can participate in our live sessions or rewatch previous sessions on our Move Smartly YouTube channel here: https://www.youtube.com/movesmartly
Today's show links:
John's latest market report for October with latest data: https://www.movesmartly.com/monthly-report-2023-october
Dave's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/why-higher-fixed-mortgage-rates-make-additional-policy-rate-hikes-less-likely
Sign up for John’s monthly report/live market update email list: https://www.movesmartly.com/monthly-public-webinar
Sign up for John’s Home Buyer Strategies webinar: https://www.movesmartly.com/top-10-home-buying-strategies
To book a Home Buyer/Seller Consultation with John Pasalis and Realosophy Realty about your more detailed questions: https://www.movesmartly.com/meetjohn
Follow John on Twitter @JohnPasalis and email him at: askjohn@movesmartly.com
Follow us and send us your questions and feedback about the show via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
About This Show
The Move Smartly podcast is hosted by Urmi Desai, Move Smartly editor, and John Pasalis, Broker and President of Realosophy Realty in Toronto, Canada. MoveSmartly.com is powered by Realosophy Realty.
We’re back with our October monthly Toronto-Vancouver real estate roundtable with Urmi, Steve and John!
This month, John and Steve report on slowing real estate markets in Toronto & Vancouver.
We also discuss how high interest rates are impacting the market and consumer sentiment, why government measures from all levels to increase our supply to match our growing population needs don’t add up to much and how the Canada-India dispute over an alleged killing of a Canada citizen by Indian agents may impact foreign students - and our rental market.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Feedback or Questions? Connect with us on Twitter:
Urmi Desai, Move Smartly Editor
- Twitter: @MoveSmartly
- Email: editor@movesmartly.com
John Pasalis, Real Estate Analyst and President and Broker, Realosophy Realty, Toronto
- Twitter: @JohnPasalis
- Email: askjohn@movesmartly.com
Steve Saretsky, Real Estate Analyst and Realtor, Saretsky Group at Oakwyn Realty, Vancouver
- Twitter: @SteveSaretsky
- Email: steve@stevesaretsky.com
This week, John and Urmi return with Move Smartly Ideas, a semi-regular sit down about the biggest ideas that John’s thinking, writing and talking to the media about this month.
Today, John is going to look at the policy and academic arguments that blame cities for housing shortages to assess how valid they are.
If you enjoy listening to our show and find it informative, I’d like to ask you to take a moment to leave a five-star review on Apple podcasts. We know a lot of you are listening and we’d love to see this better reflected in our ratings - doing this helps to ensure that other listeners can find our show and that together, we can hopefully better the level of discourse we need to have in Toronto and Canada if we are to become better educated about housing as both consumers and citizens, and hopefully, start to see better housing outcomes for all.
Follow John on Twitter @johnpasalis and email him at askjohn@movesmartly.com
You can watch this show on our MoveSmartly YouTube channel, follow us on Twitter @MoveSmartly for news or reach out to the show over email at editor@movesmartly.com
Additional links for today’s show:
New York Times: https://www.nytimes.com/interactive/2023/09/16/realestate/home-sales-north-carolina-wall-street.html
About This Show
The Move Smartly podcast is hosted by Urmi Desai, Move Smartly editor, and John Pasalis, Broker and President of Realosophy Realty in Toronto, Canada. MoveSmartly.com is powered by Realosophy Realty.
In our September episode of the consumer Q&A, ‘‘The Situation’, Urmi asks John to respond to the detailed questions that real estate consumers across the GTA are asking right now.
This month, a cooling market results in uncertainty amongst consumers — John responds to an investor who is having trouble selling off their money-losing condo, while would be-investors wonder if it’s a good time to get into the market as prices fall and a home buyer wonders if it’s safe to buy first and sell after.
Email us about your own real estate situation to be addressed in a future episode at: askjohn@movesmartly.com
To book a consultation with John and Realosophy: https://www.movesmartly.com/meetjohn
Sign up for John’s Home Buyer Strategies webinar: https://www.movesmartly.com/top-10-home-buying-strategies
You can watch this show on our MoveSmartly YouTube channel, follow us and send us your questions and feedback about the show via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
About This Show
The Move Smartly podcast is hosted by Urmi Desai, Move Smartly editor, and John Pasalis, Broker and President of Realosophy Realty in Toronto, Canada. MoveSmartly.com is powered by Realosophy Realty.
It’s time for our regular live monthly market update from John for September; John is once again joined by David Larock, a mortgage broker and analyst who blogs with us at Move Smartly. Along the way, Urmi moderates our live chat and asks your audience questions.
You can participate in our live sessions or rewatch previous sessions on our Move Smartly YouTube channel here: https://www.youtube.com/movesmartly
Today's show links:
John's latest market report for Sept with latest data: https://www.movesmartly.com/monthly-report-2023-september
Dave's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/has-the-bank-of-canadas-policy-rate-peaked
Sign up for John’s monthly report/live market update email list: https://www.movesmartly.com/monthly-public-webinar
Sign up for John’s Home Buyer Strategies webinar: https://www.movesmartly.com/top-10-home-buying-strategies
To book a Home Buyer/Seller Consultation with John Pasalis and Realosophy Realty about your more detailed questions: https://www.movesmartly.com/meetjohn
Follow John on Twitter @JohnPasalis and email him at: askjohn@movesmartly.com
Follow us and send us your questions and feedback about the show via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
About This Show
The Move Smartly podcast is hosted by Urmi Desai, Move Smartly editor, and John Pasalis, Broker and President of Realosophy Realty in Toronto, Canada. MoveSmartly.com is powered by Realosophy Realty.
School’s back and it’s time for our monthly Toronto-Vancouver real estate roundtable for September with Urmi, Steve and John!
This month, John and Steve explain what the fall real estate market might look like in Toronto & Vancouver based on what’s happening now and next.
Plus, we dig into how politicians at every level - federal, provincial and municipal - have led to markets in which $3 million dollars won’t get you a mansion in Toronto - or even a nice home in West Vancouver. Along the way, we assess the Bank of Canada’s latest mortgage rate moves, the latest political proposals from all federal parties, as the Progressive Conservatives, lead by Pierre Pollievre, are overtaking the current Liberal Government, lead by Justin Trudeau in popularity amongst Millenials, in large part due to housing concerns, Ontario’s Greenbelt scandal, Toronto’s potential ‘mansion’ tax — and more.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Feedback or Questions? Connect with us on Twitter: @MoveSmartly @JohnPasalis @SteveSaretsky Reach out to the show over email at editor@movesmartly.com
John and Urmi are going to be taking a short summer break and will return with a new episode on September 12th. We are planning to speak to even more experts on all things Toronto and Canadian real estate including related issues such as how to build homes faster, immigration, employment and more. We’re also planning to do more national and international looks at how other markets have approached similar real estate policies and concerns.
We’ve really appreciated hearing from all of you about how much you enjoy the show and your own excellent real estate insights and feedback - please keep it coming!
Enjoy our show? Please leave us a five-star rating (and even better, a written review) so more listeners can find us. Thank you!
Prefer to watch? You can watch this and all other episodes on our MoveSmartly YouTube channel
Contact Us
To contact John Pasalis, Broker and President of Realosophy Realty:
- Book a free consult: https://www.movesmartly.com/meetjohn
- Email: askjohn@movesmartly.com
- Twitter: @JohnPasalis
To contact Urmi Desai, Editor of Move Smartly:
- Email: movesmartly@realosophy.com
- Twitter: @MoveSmartly
About This Show
Move Smartly is powered by Realosophy Realty Inc. Brokerage in Toronto, Ontario.
We’re back with our regular live monthly market update from John, who is joined by David Larock, a mortgage broker and analyst who blogs with us at Move Smartly. Along the way, Urmi moderates our live chat and asks your audience questions.
You can participate in our live sessions or rewatch previous sessions on our Move Smartly YouTube channel here: https://www.youtube.com/movesmartly
Today's show links:
John's latest market report for Aug with latest data: https://www.movesmartly.com/monthly-report-august-2023
Dave's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/why-todays-job-losses-wont-change-the-bank-of-canadas-mind
Sign up for John’s monthly report/live market update email list: https://www.movesmartly.com/monthly-public-webinar
Sign up for John’s Home Buyer Strategies webinar: https://www.movesmartly.com/top-10-home-buying-strategies
To book a Home Buyer/Seller Consultation with John Pasalis and Realosophy Realty about your more detailed questions: https://www.movesmartly.com/meetjohn
Follow John on Twitter @JohnPasalis and email him at: askjohn@movesmartly.com
Follow us and send us your questions and feedback about the show via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com About This Show The Move Smartly podcast is hosted by Urmi Desai, Move Smartly editor, and John Pasalis, Broker and President of Realosophy Realty in Toronto, Canada. MoveSmartly.com is powered by Realosophy Realty.
It’s that time again - our August roundtable with Steve in Vancouver and John in Toronto
This month we discuss the latest trends in both housing markets and some early signs of investors beginning to sell investments to deleverage. Justin Trudeau announced this month that housing is not a primary responsibility of the federal government; what does that mean for Canadians facing higher housing costs? We wrapped up this month’s roundtable with a Bull vs Bear debate on the outlook for Canadian Real Estate. Enjoy our show? Please leave us a five-star rating (and even better, a written review) so more listeners can find us. Thank you!
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Feedback or Questions? Connect with us on Twitter:
@MoveSmartly
@JohnPasalis
@SteveSaretsky
Reach out to the show over email at editor@movesmartly.com
About This Show
Move Smartly is powered by Realosophy Realty Inc. Brokerage in Toronto, Ontario.
The second of our semi-regular sit downs about the big ideas John’s writing about now.
Another key component of Canada’s housing crisis is how unaffordable it is to buy a home, particularly in its larger markets like Toronto. John explains how the once reliable understanding of how our incomes relate to home prices has fallen apart, what is actually fuelling home prices well out of the reach of many and what it means.
- To see the charts John refers to, see this report in his Move Smartly report for July: https://www.movesmartly.com/monthly-report-july-2023#4
- See also John’s stats on when housing crisis started in a previous monthly report: https://www.movesmartly.com/monthly-report-april-2023#3
Enjoy our show? Please leave us a five-star rating (and even better, a written review) so more listeners can find us. Thank you!
Prefer to watch? You can watch this and all other episodes on our MoveSmartly YouTube channel
Contact Us
To contact John Pasalis, Broker and President of Realosophy Realty:
- Book a free consult: https://www.movesmartly.com/meetjohn
- Email: askjohn@movesmartly.com
- Twitter: @JohnPasalis
To contact Urmi Desai, Editor of Move Smartly:
- Email: movesmartly@realosophy.com
- Twitter: @MoveSmartly
About This Show
Move Smartly is powered by Realosophy Realty Inc. Brokerage in Toronto, Ontario.
For our episode this week, John and Urmi are going to be doing something a bit new.
This will be the first of semi-regular sit downs where we will chat about the biggest ideas that John’s thinking, writing and talking to the media about this month.
Today, John is going to talk about how he has seen renters become ‘ground zero’ of our current housing unaffordability and unavailability crisis in the Toronto area.
If you enjoy listening to our show and find it informative, I’d like to ask you to take a moment to leave a five-star review on Apple podcasts. We know a lot of you are listening and we’d love to see this better reflected in our ratings - doing this helps to ensure that other listeners can find our show and that together, we can hopefully better the level of discourse we need to have in Toronto and Canada if we are to become better educated about housing as both consumers and citizens, and hopefully, start to see better housing outcomes for all.
Follow John on Twitter @johnpasalis and email him at askjohn@movesmartly.com
You can watch this show on our MoveSmartly YouTube channel, follow us on Twitter @MoveSmartly for news or reach out to the show over email at editor@movesmartly.com
We’re back with our regular live monthly market update from John, who is joined by his fellow agent Gus Papaiaonnou at Realosophy Realty and David Larock, a mortgage broker and analyst. Along the way, Urmi presents the great questions you are asking in our live chat to get answers from John and guests.
You can participate in our live sessions or rewatch previous sessions on our Move Smartly YouTube channel here: https://www.youtube.com/movesmartly
Today's show links:
John's latest market report for July with latest data: https://www.movesmartly.com/monthly-report-july-2023
Dave's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/mortgage-advice-the-best-of-todays-lousy-mortgage-rate-options
Sign up for John’s monthly report/update email list: https://www.movesmartly.com/monthly-public-webinar
To book a Home Buyer/Seller Consultation with John Pasalis and Realosophy Realty about your more detailed questions: https://www.movesmartly.com/meetjohn
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
The Move Smartly podcast is hosted by Urmi Desai, Move Smartly editor, and John Pasalis, Broker and President of Realosophy Realty in Toronto, Canada. MoveSmartly.com is powered by Realosophy Realty.
It's time for our monthly roundtable - it's July and Urmi talks to Steve in Vancouver and John in Toronto!
This month, the weather is hot but the market is cooling and the first uptick in listings is finally showing up in the data - is this the start of the great listings surge that’s been long anticipated as high interest rates continue to hit market? Also, the federal government welcomes in newcomers at a record pace, resulting in a new population high - even though all levels of government struggle to magic up more housing supply. Plus, why aren’t the majority of Canadians more worried about our housing crisis? and more.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Feedback or Questions? Connect with us on Twitter:
@MoveSmartly
@JohnPasalis
@SteveSaretsky
Reach out to the show over email at editor@movesmartly.com
Co-hosts Urmi and John are back with our monthly consumer Q&A, ‘‘The Situation.’ As usual, John responds to the detailed questions that real estate consumers across the GTA have sent in to us.
This month, John responds to a would be home buyer who worries about the unsustainable, bubble-like prices we are seeing in the Toronto area, a happy condo renter who is not as sure if she should buy and invest in a condo as opposed to a house and more.
Email us about your own real estate situation to be addressed in a future episode at: askjohn@movesmartly.com
You can watch this show on our MoveSmartly YouTube channel, follow us on Twitter @MoveSmartly for news or reach out to the show over email at editor@movesmartly.com.
Urmi talks to Eric Lombardi in the third interview in our series on the supply-side zoning, planning, social and political issues that are cited as being one of the key drivers of the Toronto Area’s housing affordability crisis.
As a young professional who works in a non-housing industry or related capacity in the financial sector in Toronto, Eric is a passionate citizen about housing issues, and importantly, part of the very generation that many worry are being squeezed out of market housing due to lack of affordability.
As a key leader in Toronto’s YIMBY (the “Yes, in My Backyard”) movement and the “More Neighbours Toronto” volunteer organization, Eric is very knowledgeable and thoughtful about how things need to change if we are to build the number of homes experts say are required to make a dent in easing our housing availability and affordability crisis in all sectors — market, affordable and shelter, a view embodied by the ‘More Neighbours Toronto’ call to action that “Every Level of Government Can Do More.”
Eric and Urmi talk about what needs to be done at all levels of government, what solutions Eric thinks are most promising and how he responds to criticisms of these approaches.
Follow Eric on Twitter: @EricDLombardi
More Neighbours Toronto: https://www.moreneighbours.ca
You can also watch this interview on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
And if you find this show useful, please rate and, even better, leave us a written review on Apple podcasts, so that more people can benefit from this information. It’s very much appreciated!
Today’s episode is our live monthly market update from John. As usual, John shares his latest Toronto Area Real Estate Market Report for June, sharing the latest data and highlighting the key stories you should know. And again this month, John is once again joined by our Move Smartly mortgage expert and broker, David Larock, who explains why the Bank of Canada surprisingly raised rates last week and what it means for the markets and consumers.
As always, Urmi moderates the great questions you are asking in our live chat.
Today's show links:
John's latest market report for June with latest data: https://www.movesmartly.com/monthly-r...
BMO Canada market report: https://economics.bmo.com/en/publicat...
Dave's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/the-reinvigorated-real-estate-sector-compelled-the-bank-of-canada-to-hike
You can participate in our live sessions or rewatch previous sessions on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Sign up for John’s monthly report/update email list: https://www.movesmartly.com/monthly-public-webinar
To book a Home Buyer/Seller Consultation with John Pasalis and Realosophy Realty about your more detailed questions: https://www.movesmartly.com/meetjohn
To send John your own question, email askjohn@movesmartly.com
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
It’s that time again - our June roundtable with Steve in Vancouver and John in Toronto.
This month, we talk about the latest numbers for both housing markets and how buyer frustration is building as low levels of listings continue. And, after the pausing of interest rates and even talk of potential cuts, how will the Bank of Canada’s unexpected rate increase impact the market? Also, why building more density is unlikely to solve housing unaffordability problems and a closer look as just who is investing in real estate in Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Feedback or Questions? Connect with us on Twitter:
@MoveSmartly
@JohnPasalis
@SteveSaretsky
Reach out to the show over email at editor@movesmartly.com
Today’s show is a ‘can’t miss’ for anyone buying or considering buying a home in the Toronto area.
As the Toronto area real estate market enters a new phase of complexity, with home buyers facing more competition from other buyers amidst high home prices and high interest rates, John shares key tips that you should be following to ensure that you are making smart home buying decisions.This episode highlights John’s unique approach to educating residential home buyers as he launches a new, free 1-hour webinar series for home buyers. You can register for John’s free 1-hour on-demand webinar Top 10 Home Buying Strategies to Give You an Edge: https://www.movesmartly.com/top-10-home-buying-strategies
Follow John on Twitter @JohnPasalis or email John at askjohn@movesmartly.com Follow Move Smartly on Twitter @MoveSmartly for news or email Move Smartly Editor Urmi Desai at editor@movesmartly.com.
In today’s episode, co-hosts Urmi and John are back with our monthly consumer Q&A, ‘‘The Situation.’ As usual, John responds to the detailed questions that real estate consumers across the GTA have sent in.
This month, John responds to home buyers who wonder if it’s the right time to downsize and another who wonders if they can upsize and hold onto their current property as an investment. And a frustrated renter asks whether it makes more sense to pull together a downpayment buy a condo right now as rents continue to rise.
Email us about your own real estate situation to be addressed in a future episode at: askjohn@movesmartly.com
You can watch this show on our MoveSmartly YouTube channel, follow us on Twitter @MoveSmartly for news or reach out to the show over email at editor@movesmartly.com.
As the second part of our look into zoning battles and density debates in Toronto and Ontario, I think you'll find John's interview with urban planning expert Sean Galbraith extremely useful.
Sean is an urban planner who assists clients in procuring planning permissions as President of Sean Galbraith & Associates Urban Planning Services in Toronto.
Toronto City Council has recently voted to allow for the building of fourplexes across Toronto, opening up the so-called 'yellow belt' to allow for more housing density. John talks to Sean about what's involved in building a fourplex, what impact the recent policy change will have on this process and how much this change will actually help Toronto deal with its overall housing affordability crisis.
You can also watch this video on our Move Smartly YouTube channel (see the link in our show notes).
And if you find this show useful, please rate and, even better, leave us a written review on Apple podcasts, so that more people can benefit from this information. It's very much appreciated!
And now, onto our episode!
Follow Sean on Twitter: @PlannerSean
You can also watch this interview on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
And if you find this show useful, please rate and, even better, leave us a written review on Apple podcasts, so that more people can benefit from this information. It's very much appreciated!
Our episode today is our live monthly market update from John who presents his latest Toronto Area Real Estate Market Report for May, sharing the latest data and highlighting the key market insights. And this month, John is once again joined by our Move Smartly mortgage expert and broker, David Larock, who explains how US central bank decisions impact us here in Canada.
As always, Urmi moderates the great questions we get in our live chat or John and David.
Today's show links:
John's market report for May 2023: https://www.movesmartly.com/monthly-report-may-2023
David Larock's latest post with his contact info: https://www.movesmartly.com/articles/what-the-us-fed-pause-will-mean-for-canadian-mortgage-rates
Bank of Canada financial vulnerability indicators: https://www.bankofcanada.ca/rates/indicators/indicators-of-financial-vulnerabilities/
You can participate in our live sessions or rewatch previous sessions on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Sign up for John’s monthly report/update email list: https://www.movesmartly.com/monthly-public-webinar
To book a Home Buyer/Seller Consultation with John Pasalis and Realosophy Realty about your more detailed questions: https://www.movesmartly.com/meetjohn
To send John your own question, email askjohn@movesmartly.com
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
It’s May roundtable time with Steve in Vancouver and John in Toronto!
This month, we briefly talk about irrational beliefs about our favourite hockey teams during playoff time — but mostly about the irrational beliefs that seem to fuel the Toronto & Vancouver real estate markets as I ask Steve and John whether we are in fact seeing the beginning of another bull run as buyer demand picks up in both cities.
Steve and John also respond to your questions about who is still buying at these high interest rates, why new home for sale listing levels continue to be so low, advice for first-time buyers right now and more.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Feedback or Questions? Connect with us on Twitter:
@MoveSmartly
@JohnPasalis
@SteveSaretsky
Reach out to the show over email at editor@movesmartly.com
Right now, Toronto is seeing a massive shift in housing zoning policies both at the municipal and provincial level. Today’s guest, land use and environment lawyer, Phil Pothen, talks to Urmi about these developments and his analysis of potential impacts.
Phil Pothen, J.D., M.L.A., leads policy research and advocacy regarding land-use planning, natural heritage, habitat protection, and transportation as head of the Ontario Environment Program at Environmental Defence.
We discuss the latest City of Toronto staff proposal to allow multiplexes to built in Toronto’s so-called ‘Yellow belt’ which currently only allows detached and semi-detached homes, how the Ontario government’s “Build More Homes Faster” Act (Bill 23) is opening more of the Greenbelt to development and more.
Follow Phil on Twitter: @pothen
Environmental Defense website: https://environmentaldefence.ca/
Link to City of Toronto Chief Planner - Expanding Housing Options in Neighbourhoods: Multiplex Study: https://secure.toronto.ca/council/agenda-item.do?item=2023.PH3.16
Link to Build Homes Faster Act (Bill 23): https://news.ontario.ca/en/release/1002423/ontario-taking-bold-action-to-build-more-homes
You can also watch this interview on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
And if you find this show useful, please rate and, even better, leave us a written review on Apple podcasts, so that more people can benefit from this information. It’s very much appreciated!
Hi, Urmi Desai, editor of Move Smartly, and lead contributor, John Pasalis of Realosophy Realty, are back with our monthly consumer Q&A, ‘‘The Situation.’
In some parts of Toronto, home prices are now holding, but that doesn’t mean the recent rapid price drops we’ve seen across the GTA haven’t caught out some new home buyers.
This month, John responds to home buyers who fear they’ve bought pre-construction and re-sale homes at the peak, and now worry about the financial hardships they face if banks are unwilling to appraise at their bought value for mortgage approvals and wonder what their best options are.
Email us about your own real estate situation to be addressed in a future episode at: askjohn@movesmartly.com
You can watch this show on our MoveSmartly YouTube channel, follow us on Twitter @MoveSmartly for news or reach out to the show over email at editor@movesmartly.com.
In this live online session, John presents his April Toronto Area Real Estate Market Report, sharing the latest data, highlighting the key market insights and answering viewers Qs along the way!
Once again, Move Smartly mortgage expert and broker, David Larock, joins to explain why the Bank of Canada has decided to hold on rates for the second time since the latest rate hike and what they are likely to do next.
You can participate live or rewatch previous sessions on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Sign up for John’s monthly report/update email list: https://www.movesmartly.com/monthly-public-webinar
To book a Home Buyer/Seller Consultation with John Pasalis and Realosophy Realty about your more detailed questions: https://www.movesmartly.com/meetjohn
To send John your own question, email askjohn@movesmartly.com
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
It’s finally April, and once again, time for our real estate roundtable!
As usual, I talk to John and Steve about all things residential real estate in Toronto and Vancouver, Canada, and beyond.
Since April is often the cruelest month, full of fools and false springs, it seems fitting that our talk turns to an unexpected bump in real estate market competition - including bidding wars - amidst continuing low historical levels of sales, surprise interest rate drops - amidst continuing economic uncertainty - and more.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Feedback or Questions? Connect with us on Twitter:
@MoveSmartly
@JohnPasalis
@SteveSaretsky
Reach out to the show over email at editor@movesmartly.com
A lot has changed in just one month! Two major banks have failed, bond markets are expecting interest rates to drop this year and the federal government is helping to save the housing market. John's guest today is going to help us unpack all of these latest economic trends. Robert Kavcic is Senior Economist and Director Economics at Bank of Montreal and specializes in analyzing real estate trends. You can also watch this interview on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly Follow John on Twitter @JohnPasalis or email at: askjohn@movesmartly.com Follow us and send us your questions and feedback on this show via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com And if you find our show useful, please rate and write us a review on Apple podcasts - it’s very much appreciated!
With so many financial headlines dominating the news, my guest today is the perfect person to make sense of all the data. Rob McLister is an interest rate analyst, mortgage planner and contributing writer for The Globe and Mail. A former equities trader and finance graduate at the University of Michigan, Rob dissects mortgage rates and writes about issues impacting mortgage consumers.
Subscribe to Rob’s newsletter: https://www.mortgagelogic.news
Follow Rob on Twitter: @RobMcLister
You can also watch this interview on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
And if you find our show useful, please rate and write us a review on Apple podcasts - it’s very much appreciated!
This month, John presents the highlights of his most recent monthly Move Smartly Toronto Area Real Estate Market report for March 2023 and answers viewer questions about his top stories this month, including why data trends actually matter to what's happening on the ground in Toronto for home buyers and sellers.
John also speaks to David Larock, our Move Smartly mortgage expert, to explain what a bank collapse in the US and global knock-on effects mean for our mortgages in Canada and whether high interest rates are resulting in the distressed home sellers we'd expect to see.
Plus, Realosophy Sales Representative Peter Karlos, joins John to describe the challenges his renter and landlord clients are seeing right now as Toronto rents reach new highs.
You can participate live or rewatch previous sessions on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Sign up for John’s monthly report/update email list: https://www.movesmartly.com/monthly-public-webinar
To book a Home Buyer/Seller Consultation with John Pasalis and Realosophy Realty about your more detailed questions: https://www.movesmartly.com/meetjohn
To send John your own question, email askjohn@movesmartly.com
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
It’s March so it’s time for another Toronto-Van City Real Estate Roundtable with Urmi, John and Steve!
This month, we talk about whether our current market rebound is just a bull trap, who is actually buying at these high interest rates and where the distressed sellers are. Also given that we’re seeing housing booms now busting around the world, is it unfair to suggest that Canadian policy makers could have really prevented the same happening here?
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Feedback or Questions? Connect with us on Twitter:
@MoveSmartly
@JohnPasalis
@SteveSaretsky
Reach out to the show over email at editor@movesmartly.com
If you find this show useful, please leave us a five-star rating or, even better, a positive written review so that more people can benefit from this information. It’s very much appreciated!
For today’s episode, we’re back with our monthly consumer Q&A ‘The Situation’, but this time we’re doing something a bit different.
Instead of the usual in-depth review of specific real estate questions that consumers have across the GTA, I ask my co-host, John Pasalis, President and Broker at Realosophy Realty, to respond to some of the bigger questions that consumers have asked us, including some pointed questions about whether John might be missing some key factors in his market assessments, including the impact of the decline of the baby boomer age group, and whether factors like jobs and income levels are being overlooked as potential risks to the market.
We’ll be returning to our usual format responding to your specific questions about your buying, selling, investing and renting decisions in Toronto so email us about your own real estate situations to be addressed in a future episode at askjohn@movesmartly.com
You can watch this show on our MoveSmartly YouTube channel, follow us on Twitter @MoveSmartly for news or reach out to the show over email at editor@movesmartly.com
This week, John talks to Sam and Evan Presvelos, of the law firm Presvelos Law LLP, a firm that represents many parties in real estate disputes which arise due to home buying and selling transactions that run into issues.
Topics covered included the importance of how the agreement of purchase and sale is drafted, insufficient financing that puts buyer deposits at risk, misrepresented or misunderstood zoning permissions, rights and easements, why home surveys are not always readily available and what your agents should be looking out for, the limits of title insurance and more.
Email John at: askjohn@movesmartly.com
You can watch this interview on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
It’s monthly report time! John shares the highlights of his latest Move Smartly report including the latest numbers and the top stories that are emerging now.
This month, the Toronto area market is hotter than many expected, while optimism around mortgage rates cools. John is joined by his colleague, Gus Papaioannou, from Realosophy Realty, and regular Move Smartly contributor, David Larock, Mortgage Broker at Integrated Mortgage Planners.
As usual, Urmi shares your audience questions & comments from our lively online chat along the way.
You can participate live or rewatch previous sessions on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Sign up for John’s monthly report/update email list: https://www.movesmartly.com/monthly-public-webinar
To book a Home Buyer/Seller Consultation with John Pasalis and Realosophy Realty about your more detailed questions: https://www.movesmartly.com/meetjohn
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
It’s February and Urmi, John and Steve are back with this month’s TO-Van City RE roundtable!
This month, we discuss a surprising uptick in buyer activity in both cities and discuss whether this is just a seasonal trend or something more, whether Canada tracks housing inflation ion the best way, why one of us thinks interest rates needs to stay high for awhile (the ‘who’ might be a surprise!) and more.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Feedback or Questions? Connect with us on Twitter:
@MoveSmartly
@JohnPasalis
@SteveSaretsky
Reach out to the show over email at editor@movesmartly.com
In this episode, Urmi and John are back with our monthly consumer Q&A ‘The Situation.’
Each month, John, who is President and Broker at Realosophy Realty, provides in-depth responses to the many questions we receive from consumers across the Toronto area.
This month, we hear from, among others, pre-construction buyers who are now worried about their condos being worth less than they bought them for once the condos are completed and from a Toronto family at wit’s end trying to make the right real estate moves to be able to afford a roomier family home.
Email us about your own real estate situation to be addressed in a future episode at askjohn@movesmartly.com
You can watch this show on our MoveSmartly YouTube channel, follow us on Twitter @MoveSmartly for news or reach out to the show over email at editor@movesmartly.com
Urmi and John talk to Ben Rabidoux, a housing analyst at Edge Realty Analytics, a firm that provides data and insights on Canadian housing and economic trends as well as more in-depth reporting on major metro-level trends in Vancouver and Toronto. Many real estate professionals consider Ben’s monthly research reports to be a can’t-miss read for good reason.
What is the latest data suggesting about where home prices will go next in the context of record interest rate rises that may now be levelling off? What does the bond market tell us about what might happen now and why does it matter to housing? How does the recent sales slowdown and price declines we’re seeing now compare to previous declines in 2020, 2008 and the late 1990s? And will we see the market bounce back this spring?
You can watch this interview on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
Urmi interviews Toronto area mortgage broker Ron Butler, who is very active on social media and frequently appears on media educating consumers about the latest developments in the mortgage market.
Last year saw the sharpest increase in interest rates on record as the Bank of Canada scrambled to cool an overheating market - how did we get to this crisis point after almost 15 years of low interest rates? Which types of mortgage borrowers are reporting the most distress right now - and which ones are likely to start feeling the pain next? And how have mortgage sector policy makers themselves contributed to the overall housing affordability crisis as well as the sudden housing market downturns, like the one we’re seeing right now, that hurt the most vulnerable mortgage borrowers?
You can watch this interview on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
As John releases his latest Move Smartly market report for January, he presents his key data and trends in the Toronto area housing market right now and what’s in store for 2023.
For this month’s update, John invites David Larock, Mortgage Broker at Integrated Mortgage Planner and regular Move Smartly contributor, to share his thoughts on the year ahead.
As usual, Urmi Desai, editor at MoveSmartly.com, shares your audience questions & comments from our lively online chat along the way.
Key topics this month: Are anecdotal stories about home buyer/owner distress due to rapidly rising interest rates being seen in the data yet? Will interest rates keep rising in 2023? Are Canada’s mortgage authorities likely to tighten or loosen mortgage qualification rules? What’s the best way to sell multiple-unit properties in a slowing market?
You can participate live or rewatch previous sessions on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Sign up for John’s monthly report/update email list: https://www.movesmartly.com/monthly-public-webinar
To book a Home Buyer/Seller Consultation with John Pasalis and Realosophy Realty about your more detailed questions: https://www.movesmartly.com/meetjohn
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
New Year! More great Canadian real estate chat as Urmi asks John in Toronto (Realosophy Realty) and Steve Saretsky in Vancouver (Oakwyn Realty) about just when all the effects of ‘The Great Reset’ environment of higher interest rates will be fully felt, why Urmi’s dream of snagging a TO condo at meltdown prices may be out of reach and the policy changes new and old, including BC’s new buyer ‘cooling off period’, Canada’s foreign buyer ban and record levels of immigration will have on the market. And as always, your great audience questions!
You can watch this episode on our MoveSmartly YouTube channel
Feedback or Questions? Connect with us on Twitter:
@MoveSmartly
@JohnPasalis
@SteveSaretsky
Reach out to the show over email at editor@movesmartly.com
Hi, Urmi Desai, editor of Move Smartly, and lead contributor, John Pasalis of Realosophy Realty, are back with the second installment of our monthly consumer Q&A we’re calling ‘The Situation.’
The idea is for us to share the more detailed questions John gets from consumers with the more specific real estate situations they are dealing with.
This month, we hear from mortgage borrowers under stress and buyers wondering how much they should count on the market rebounding in a few years: Is this the right time to try to sell a tenanted property? Is it wise to put money down on a pre-construction home now? And what happens if your bank wants you to pay more for your mortgage and you can’t afford it?
Email us about your own real estate situation to be addressed in a future episode at: askjohn@movesmartly.com
You can watch this show on our MoveSmartly YouTube channel, follow us on Twitter @MoveSmartly for news or reach out to the show over email at editor@movesmartly.com.
With the launch of his December market report for Move Smartly, it’s time for John to present his key data and trends for the month and to have our audience join along for what is always a lively online discussion during this live online session.
The top stories this month include: Why it’s so hard to determine a fair price for homes on the market right now? How some buyers are getting caught up in a pre-construction market meltdown and Canadians in general are feeling financial stress as interest rates have hiked. Will Canada’s upcoming foreign buyer ban make a difference?
You can participate live or rewatch previous sessions on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Sign up for John’s monthly report/update email list: https://www.movesmartly.com/monthly-public-webinar
Book Personalized Home Buyer/Seller Consultation with John Pasalis about your more detailed questions: https://www.movesmartly.com/meetjohn
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
Last roundtable of the year! Urmi asks John in Toronto (Realosophy Realty) and Steve Saretsky in Vancouver (Oakwyn Realty) how Canadian real estate is closing out the year and what’s next. We talk about the financial stress Canadians are expecting amidst rocketing mortgage interest rates, what we should expect to see in the new year and the spectre of unwise Central Bank pronouncements of the past.
You can watch this episode on our MoveSmartly YouTube channel
Feedback or Questions? Connect with us on Twitter:
@MoveSmartly
@JohnPasalis
@SteveSaretsky
Reach out to the show over email at editor@movesmartly.com
Today, John continues the show’s mini-theme from last week of digging deeper into the ‘shortage supply’ explanation for increasing housing unaffordability.
Given the similarities between Canada and Australia housing markets, John interviews Cameron Murray, an Australian economist at the University of Sydney, well known for challenging the housing supply narratives that dominate the debate about high house prices in Australia.
In contrast to last week’s episode, which focussed on the argument that building more homes is key to solving Canada’s housing affordability crisis, Cameron discusses how the data he tracks in Australia doesn’t always support the ‘supply shortage’ argument we ‘feel’ is happening on the ground.
What can the banana market tell us about the housing market? Will increasing housing density really make homes more affordable? And can we look to other countries like Singapore for better policy ideas?
You can watch this interview on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
Today, Urmi interviews Mike Moffatt who is the Senior Director of Policy and Innovation at the Smart Prosperity Institute at the University of Ottawa, and Assistant Professor at the Ivey School of Business at Western University, and a leader in housing policy, industry and advocacy circles for many years.
He and his team have projected and analyzed other projections of home building needs, most recently finding that Ontario currently needs 1.5 million homes to be built over the next 10 years to meet current gaps and projected demand.
How likely is it that Ontario can meet this target? What are the biggest challenges to generating this supply? Will ever higher immigration targets keep supply goals permanently out of reach? And could Canada be becoming a new type of economy facing specific pitfalls?
You can watch this interview on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
It’s already November and time for John to share his latest monthly data and insights — and for our viewers to join in the discussion live!
This week’s podcast episode is an audio recording of this live update, which we host on our Move Smartly YouTube channel.
The top stories this month include: How long will prices hold due to a stalemate between sales and listing levels? What red flags are showing up for pre-construction condos? How does the federal government hope immigration policy will come to the rescue and a look back at how consumer moods had the biggest impact on the market during the Covid pandemic. Viewer questions and comments throughout add to the discussion.
You can participate live or rewatch previous sessions on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Sign up for John’s monthly report/update email list: https://www.movesmartly.com/monthly-public-webinar
Book Personalized Home Buyer/Seller Consultation with John Pasalis about your more detailed questions: https://www.movesmartly.com/meetjohn
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
A new monthly feature on our podcast! Urmi sits down with John at Realosophy Realty HQ to discuss the detailed real estate issues and concerns you’ve reached out to him about via email at askjohn@movesmartly.com. This month, the stress of a downturning housing market is a recurring theme for home buyers/sellers/owners across the GTA: What can be done when the home you’ve bought at home at the peak of the market earlier this year is already worth less today and you may need to move soon? If you’re struggling with rising mortgage rate payments that don’t cover your investment property expenses? And when you’re due to take possession of a pre-construction home that you bought in very different financial circumstances than today?
Email us about your own real estate situation to be addressed in a future episode at: askjohn@movesmartly.com
You can watch this show on our MoveSmartly YouTube channel, follow us on Twitter @MoveSmartly for news or reach out to the show over email at editor@movesmartly.com.
New month, new roundtable! Urmi is back with John in Toronto (Realosophy Realty) and Steve Saretsky in Vancouver (Oakwin Realty) discussing the latest Canada and world real estate headlines and data. This is a busy one covering a lot of ground including The Economist magazine's list of scariest housing markets (a list Canada unenviably tops), the "P" word (as in ‘Are we seeing an interest rate pivot?’), a massive collapse in new construction sales, your great audience questions and more.
Watch this episode on our MoveSmartly YouTube channel, follow us on Twitter @MoveSmartly or reach out to the show over email at editor@movesmartly.com.
In this week’s episode, John interviews economist Randall Bartlett of The Desjardins Group to hear an expert take on what is proving to be a very unusual time for the economy and housing market in Canada and abroad. John and Randall’s discussion is eye-opening and informative, covering some key issues we’d like to understand better — Why were inflation risks not anticipated ahead of time? What is the economic outlook going forward? And how will Canada’s housing market be impacted?
Watch this episode on our MoveSmartly YouTube channel, follow us on Twitter @MoveSmartly or reach out to the show over email at editor@movesmartly.com.
As markets at home and abroad continue to undergo historic pressures, John's monthly market update for October features a deep data dive into key factors to see what might be next. Join John and Urmi as they discuss the numbers and on-the-ground observations and answer astute viewer questions. Why are prices plateauing for now — and when might this change? Which proportion of Toronto sellers may become distressed? What about a recession?
Watch this episode on our MoveSmartly YouTube channel, follow us on Twitter @MoveSmartly or reach out to the show over email at editor@movesmartly.com.
We’re back with our Monthly Roundtable! Urmi is once again joined by John Pasalis (Realosophy Realty) in Toronto and Steve Saretsky (Oakwin Realty) in Vancouver. This is a lively one, covering remarkable happenings in Canada, UK and US real estate markets as officials continue to try to fight inflation without melting down the economy. Along the way, we respond to more of your great viewer questions!
Follow @MoveSmartly on twitter or reach out to the show over email at editor@movesmartly.com
It’s time for John’s monthly market update for September! Join us as John and Urmi discuss the latest data and key stories in Toronto real estate now and respond to audience questions. Why are prices leveling off if we’re in the most significant sales slowdown in 20 years? Why aren’t listings piling up if sales are slowing? And why aren’t investors selling off yet? Send your own questions about the market or feedback to us at @MoveSmartly on twitter or reach out to the show over email at editor@movesmartly.com.
Urmi Desai hosts a roundtable discussion with John Pasalis (Realosophy Realty) and Steve Saretsky (Oakwin Realty). Join as we discuss latest market numbers and leading headlines heading into the fall market and answer audience questions about the impact of previous inflation cycles on real estate markets in Canada and more.
Follow @MoveSmartly on twitter or reach out to the show over email at editor@movesmartly.com
After working in real estate for 20 years, I’ve noticed a number of common financial mistakes that home buyers make that often result in stress and unhappiness down the road.
Here are the Top Five.
We’re often told that making a home buying budget is a key step before buying a home, but the way most buyers approach such budgets actually leads us to make very bad real estate decisions - without us even realizing it.
There is something very wrong about how we buy homes in North America. Even though banks ask buyers questions about their income and debt levels in order to determine how big a mortgage they can afford and many home buyers create home buying budgets, surveys have found that once a buyer has purchased and moved in, virtually all feel like they spent too much on their home.
When buyers start their home search, they typically start by developing a home buying budget which, in theory, tells them what they should be spending on a home.
Now let’s ignore for a moment the fact that studies have shown that 97% of home buyers underestimate future expenses when developing home buying budgets - often missing big ticket items like property taxes and home maintenance.
The bigger problem with this approach, which I see most home buyers making, is that their budgets are not a reflection of who they actually are and how they actually live, they’re a reflection of who they think they should be financially.
Deciding whether to rent or buy a home is one of the biggest decisions many of us will have to make in our lives -- though many of us don’t realize just how big this decision is.
Whether you have a preference towards renting or owning or are just unsure about which option is best for you, I hope these five questions will help you think through this big decision.
When we start thinking about whether or not we want to buy a home, many of us turn to online rent versus buy calculators to help us figure out what makes more sense financially - renting or buying a home.
There are two main problems with these types of calculators.
If you ask a random group of people whether real estate is a good investment, you’ll find that the majority will say: “Yes, real estate is a good investment.”
Setting aside the question of when real estate is a good investment -- and when it might not be -- is the more important question of why so many people simply assume it is. This automatic belief puts down our guard and results in very lazy and bad decisions about real estate.
One of the things I often hear working in real estate is that "renting is a waste of money", most often from real estate agents and parents trying to get their kids to buy a house.
To really hammer the point home, they usually follow this up by saying "Why would you want to pay down your landlord's mortgage when you could be paying down your mortgage?"
It sounds so logical that you feel like an idiot for even thinking about renting.
But how true are these statements?
Is renting always a waste of money?
To paraphrase the Nobel prize winning economist Robert Shiller: Bubbles are situations in which just hearing stories of friends and family benefitting from home prices going up, attracts more people to buy through a combination of envy and gambler’s excitement.
To measure this, Shiller and his long time collaborator Karl Case sent out surveys to buyers and sellers in a number of US cities and identified a number of red flag responses that are indicative of a housing bubble.
What are some of these red flags?
Many buyers turn to their parents for advice before buying a home for a number of reasons.
First, many of them have bought a house before even if it’s been a long time , so we believe they can offer valuable insights based on their own personal experiences.
Second, we have an underlying trust that our parents are looking after our best interests.
So what could go wrong?
Finances cause a lot of stress in relationships and one of the main reasons for this stress is that we rarely have open and honest conversations about money with our life partners.
And this is particularly true when it comes to our real estate expenses.
Financial stress is among the top reasons couples get divorced. And for most people, housing costs are their single biggest expense.
Does this suggest that the home we buy today may be the first step towards financial stress in our relationships tomorrow? I think it does.
So why does this happen?
In this first episode I'll discuss what listeners can expect from the Mindful Broker podcast.