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Jan 11, 2025 | 
movesmartly.com | Urmi Desai |John Pasalis
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 impact housing?
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Oct 6, 2024 | 
movesmartly.com | Urmi Desai |John Pasalis
It’s October Roundtable Rumble time!In a preview of their big bull vs bear real estate debate at the industry Veritas conference in Toronto earlier in the 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.
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Aug 28, 2024 | 
movesmartly.com | Urmi Desai |John Pasalis
From earlier this month, one of our hotter Toronto-Vancouver real estate roundtables. 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? The debate gets hot as John and Steve argue opposing views.
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Jul 23, 2024 | 
movesmartly.com | Urmi Desai |John Pasalis
From earlier this month, 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.
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Jun 28, 2024 | 
movesmartly.com | John Pasalis |Urmi Desai
It's time for your questions on our June consumer Q/A segment, ‘The Situation’. I once again talk to Urmi Desai, Editor of Move Smartly, about the detailed questions you send in to me about the real estate decisions you are making as you navigate through the Toronto area housing market. Today, we hear from a family who worries they are invested in the wrong condo in the wrong area to see price appreciation - should they sell and try to better somewhere else?
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Jun 10, 2024 | 
movesmartly.com | Urmi Desai |John Pasalis
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 Toronto and Vancouver real estate markets, including:Will prices start to fall as condo listings hit a record high? The first interest rate cut has finally dropped - how will it affect the market?
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May 28, 2024 | 
movesmartly.com | John Pasalis |Urmi Desai
Our fallen productivity is a "national emergency."Canada’s poor economic productivity has been in the headlines lately, with the Bank of Canada calling it a national emergency. Today, I will discuss what economic productivity means and what role the housing market might play in Canada’s poor performance. Statistics Canada defines productivity as “the efficiency with which an economy transforms inputs into outputs”.
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May 28, 2024 | 
movesmartly.com | John Pasalis |Urmi Desai
While many in Canada argue yes, data and the experience of other economically liberal countries says otherwise. Last week, I had the pleasure of interviewing Murtaza Haider, an economist and Professor at Toronto Metropolitan (formerly Ryerson) University to discuss why he believes that rent controls killed the supply of purpose-built rental housing in Ontario. You can watch the full interview on the Move Smartly YouTube channel here - or listen to it on our Move Smartly podcast here.
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May 28, 2024 | 
movesmartly.com | John Pasalis |Urmi Desai
It's time for your questions on our May consumer Q/A segment, ‘The Situation’. I once again talk to Urmi Desai, Editor of Move Smartly, about the detailed questions you send in to me about the real estate decisions you are making as you navigate through the Toronto area housing market. Today, we hear from a frustrated buyer of a pre-construction condo who home appraisal by his mortgage lender says his unit is now worth less than what he paid for it.
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Apr 18, 2023 | 
movesmartly.com | John Pasalis |Urmi Desai
Last month NDP Member of Parliament Daniel Blaikiehad this to sayabout rapidly rising housing prices in Canada in the House of Commons: “House prices doubled every few years under the last Harper Conservative government so don’t tell me that somehow this [housing crisis] is a product of just the last little while.” I originally stumbled across this clip fromNational Observercolumnist Max Fawcettwho shared it and commented-“Every word of this speech is correct.” I figured this would be a fine...
