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Explore every episode of the podcast Move Smartly: The Podcast

Dive into the complete episode list for Move Smartly: The Podcast. Each episode is cataloged with detailed descriptions, making it easy to find and explore specific topics. Keep track of all episodes from your favorite podcast and never miss a moment of insightful content.

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TitlePub. DateDuration
What Europe Can Teach Canada About Missing Middle Housing: Athens, Greece27 Aug 202400:41:25

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!

Are Buyers Getting More Active? + Lower Interest Rates vs. Economic Slowdown — August Toronto Area Real Estate Market Live Update & Q/A20 Aug 202400:52:21

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!

Canada’s Massive Shortage of Family-Sized Homes + Is Canada’s Economy Going to Get a Lot Worse?04 Jun 202400:47:13

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!

I'm Losing Money on My Investment Condo - Should I Hang on or Sell? — May Toronto Area Real Estate Market Live Update & Q/A21 May 202400:58:43

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!

An Abnormally Slow Spring Market + Is a Condo Sell Off Coming? — Toronto & Vancouver Real Estate Roundtable May 202414 May 202400:59:44

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!

Why is My Pre-Con Condo Worth Less Than What I Paid? + Should I Sell My Investment Condo Before Capital Gains Tax Increases? — ‘The Situation’ Consumer Q&A07 May 202400:43:28

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:

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

Do Rent Controls Restrict The Supply of Rental Housing?: An Interview with Murtaza Haider30 Apr 202400:56:07

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!

Unpacking the Liberal’s ‘Housing First’ Federal Budget23 Apr 202401:04:21

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!

Sellers Remain Hopeful But Buyers are Cautious + What if Interest Rates Stay Higher For Longer? — March Toronto Area Real Estate Market Live Update & Q/A16 Apr 202400:56:49

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!

How Investors Took Over the Market + Why Liberal Renter Policies Won’t Help — Toronto & Vancouver Real Estate Roundtable April 202409 Apr 202401:05:39

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!

Should I Buy My Home From My Landlord? + Do Garden Suites Add Value? — ‘The Situation’ Consumer Q&A02 Apr 202400:33:04

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:

 

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!

Our Crumbling Foundation - How We Solve Canada’s Housing Crisis: An Interview with Gregor Craigie26 Mar 202400:56:10

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!

Why Aren’t Home Prices Falling Yet? + Rising Unemployment Impact on Real Estate — Toronto & Vancouver Real Estate Roundtable August 202413 Aug 202400:52:05

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!

Will Upcoming Mortgage Renewals Hurt Canada’s Housing Market and Economy? — March Toronto Area Real Estate Market Live Update & Q/A19 Mar 202400:58:00

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!

Are Rates Really Coming Down? + Construction Slump Led Recession? — Toronto & Vancouver Real Estate Roundtable February 202412 Mar 202400:41:36

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!

Won’t Toronto’s Wildly Unaffordable House Prices Crash? + Should I Use My Neighbour To Sell My Home? — ‘The Situation’ Consumer Q&A05 Mar 202400:38:42

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!

The Impact of Canada’s Changing Immigration Policy: An Interview with Mikal Skuterud27 Feb 202401:03:25

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!

The Market Heats Up - Will It Last? — February Toronto Area Real Estate Market Live Update & Q/A20 Feb 202400:53:02

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!

Markets Heat Up As Consumer Confidence Rises But For How Long? — Toronto & Vancouver Real Estate Roundtable February 202413 Feb 202400:44:37

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:

 

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!

Should I Rush to Buy Before Prices Rise + When Should I Sell? — ‘The Situation’ Consumer Q&A06 Feb 202400:37:21

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!

Why Demand is More Important Than Supply in Canada’s Housing Affordability Debate30 Jan 202401:07:53

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!

Pent Up Buyer Demand? + Inflation to Delay Interest Rates Decline? — January Toronto Area Real Estate Market Live Update & Q/A23 Jan 202401:05:50

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!

Looking Back at 2023 and What’s Next in 2024? + Canada’s Debt Crisis? — Toronto & Vancouver Real Estate Roundtable January 202416 Jan 202401:07:26

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:

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!

Thank You For Listening/Summer Holiday Break23 Jul 202400:00:59

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!

Bank of Canada Holds Rate + What’s Next for the Toronto Real Estate Market — December Toronto Area Real Estate Market Live Update & Q/A19 Dec 202300:54:12

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.

Interest Rate Peak Tonic for a Sluggish Market? + Canada’s Next-ish PM Fixes Housing — Toronto & Vancouver Real Estate Roundtable November 202312 Dec 202300:47:26

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:

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.

Should I Airbnb Instead of Finding a Long-Term Tenant? + Should I Wait to Sell My Condo? — ‘The Situation’ Consumer Q&A05 Dec 202300:28:52

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:

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!

How Should We Be Measuring Our Housing Needs & Results?28 Nov 202301:00:51

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.

Sales Fall Unevenly Across GTA + What’s Next for Interest Rates? — November Toronto Area Real Estate Market Live Update & Q/A21 Nov 202300:55:31

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.

Sluggish Market + PreCon Fires + Landmark Decision Against Agent Commissions — Toronto & Vancouver Real Estate Roundtable November 202314 Nov 202300:46:23

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:

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.

Things are Going to Be Tough for Canada’s Economy: An Interview with Robert Kavcic07 Nov 202300:43:51

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.

Should I Stretch to Buy My Family Home Now? + Should I Lower My Condo Price? + — ‘The Situation’ Consumer Q&A24 Oct 202300:40:47

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:

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.

Toronto Real Estate Market Slows + The Risks of Stagflation — October Toronto Area Real Estate Market Live Update & Q/A17 Oct 202300:55:44

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.

High Interest Rate Blues + The Supply Side Grift + Foreign Student Fallout? — Toronto & Vancouver Real Estate Roundtable October 202310 Oct 202300:49:44

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

John Pasalis, Real Estate Analyst and President and Broker, Realosophy Realty, Toronto

Steve Saretsky, Real Estate Analyst and Realtor, Saretsky Group at Oakwyn Realty, Vancouver

Why Aren’t Condo Prices Falling As Listings Surge? + Is the House Market Slowing? — July Toronto Area Real Estate Market Live Update & Q/A16 Jul 202400:57:43

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.comhttps://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!

Are Cities Responsible for Canada’s Housing Crisis?03 Oct 202300:44:26

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.

Why Isn’t My Home Selling? + Should I Invest Now? + Is It Safe To Buy Before Selling Right Now? — ‘The Situation’ Consumer Q&A26 Sep 202300:38:04

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.

Toronto Area Listings Start to Rise + Why the Fight Against Inflation Continues — September Toronto Area Real Estate Market Live Update & Q/A19 Sep 202300:53:13

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.

$3 Million Won’t Get You a Mansion in Toronto (and Not Even a Nice Home in West Vancouver 😬) — Toronto & Vancouver Real Estate Roundtable September 202312 Sep 202300:57:31

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
A Short Message About Our Summer Break22 Aug 202300:01:27

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: 

To contact Urmi Desai, Editor of Move Smartly: 

About This Show

Move Smartly is powered by Realosophy Realty Inc. Brokerage in Toronto, Ontario.

Average Home Prices Trending Down + The Case for High Interest Rates for Longer — August Toronto Area Real Estate Market Live Update & Q/A15 Aug 202300:51:58

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.
The Bull Vs Bear Debate for Canadian Real Estate + Trudeau Says Housing Not a Primary Responsibility – Toronto & Vancouver Real Estate Roundtable August 202308 Aug 202300:55:58
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.

Why a Decent Income is No Longer Enough to Buy a Home in Canada01 Aug 202300:36:01

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.

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: 

To contact Urmi Desai, Editor of Move Smartly: 

About This Show

Move Smartly is powered by Realosophy Realty Inc. Brokerage in Toronto, Ontario.

How How Renters Are Paying the Highest Price for Canada’s Housing Crisis25 Jul 202300:43:10

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

What’s Next for Mortgage Borrowers After Yet Another Rate Hike + Canada's Rapid Pop Growth Hits Housing Market — July Toronto Area Real Estate Market Live Update & Q/A18 Jul 202300:57:40

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.

Time to Tax Principal Residence Gains? + Will Condo Listing Surge Finally Help Buyers? — Toronto & Vancouver Real Estate Roundtable July 202409 Jul 202400:45:26
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!          
Start of a Listing Surge? + Canada’s New Population High Inflames Housing Crisis — Toronto & Vancouver Real Estate Roundtable July 202311 Jul 202300:56:54

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

How Do I Avoid Buying a Home Just Before the Market Falls + Can I Rent and Still Invest in Real Estate? — ‘The Situation’ Consumer Q&A04 Jul 202300:44:04

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.

How to Increase Toronto’s Housing Supply — YIMBYism, Should the City Build? and More: An Interview with Eric Lombardi27 Jun 202300:56:33

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!

Will Ever Rising Interest Rates Cool the Market and Spur Increase in Distressed Sellers? + Your Audience Questions — June Toronto Area Real Estate Market Live Update & Q/A20 Jun 202300:56:00

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
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