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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 [email protected]
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: [email protected]
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 [email protected].
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: [email protected]
And if you find this show useful, please rate and, even better, leave us a written review on Apple podcasts, so that more people can benefit from this information. It’s very much appreciated!
Today’s episode is our live monthly market update from John. As usual, John shares his latest Toronto Area Real Estate Market Report for June, sharing the latest data and highlighting the key stories you should know. And again this month, John is once again joined by our Move Smartly mortgage expert and broker, David Larock, who explains why the Bank of Canada surprisingly raised rates last week and what it means for the markets and consumers.
As always, Urmi moderates the great questions you are asking in our live chat.
Today's show links:
John's latest market report for June with latest data: https://www.movesmartly.com/monthly-r...
BMO Canada market report: https://economics.bmo.com/en/publicat...
Dave's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/the-reinvigorated-real-estate-sector-compelled-the-bank-of-canada-to-hike
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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 [email protected]
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: [email protected]It’s that time again - our June roundtable with Steve in Vancouver and John in Toronto.
This month, we talk about the latest numbers for both housing markets and how buyer frustration is building as low levels of listings continue. And, after the pausing of interest rates and even talk of potential cuts, how will the Bank of Canada’s unexpected rate increase impact the market? Also, why building more density is unlikely to solve housing unaffordability problems and a closer look as just who is investing in real estate in Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Feedback or Questions? Connect with us on Twitter:
@MoveSmartly
@JohnPasalis
@SteveSaretsky
Reach out to the show over email at [email protected]
Today’s show is a ‘can’t miss’ for anyone buying or considering buying a home in the Toronto area.
As the Toronto area real estate market enters a new phase of complexity, with home buyers facing more competition from other buyers amidst high home prices and high interest rates, John shares key tips that you should be following to ensure that you are making smart home buying decisions.This episode highlights John’s unique approach to educating residential home buyers as he launches a new, free 1-hour webinar series for home buyers.You can register for John’s free 1-hour on-demand webinar Top 10 Home Buying Strategies to Give You an Edge: https://www.movesmartly.com/top-10-home-buying-strategies
Follow John on Twitter @JohnPasalis or email John at [email protected] Follow Move Smartly on Twitter @MoveSmartly for news or email Move Smartly Editor Urmi Desai at [email protected].In today’s episode, co-hosts Urmi and John are back with our monthly consumer Q&A, ‘‘The Situation.’ As usual, John responds to the detailed questions that real estate consumers across the GTA have sent in.
This month, John responds to home buyers who wonder if it’s the right time to downsize and another who wonders if they can upsize and hold onto their current property as an investment. And a frustrated renter asks whether it makes more sense to pull together a downpayment buy a condo right now as rents continue to rise.
Email us about your own real estate situation to be addressed in a future episode at: [email protected]
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 [email protected].
As the second part of our look into zoning battles and density debates in Toronto and Ontario, I think you'll find John's interview with urban planning expert Sean Galbraith extremely useful.
Sean is an urban planner who assists clients in procuring planning permissions as President of Sean Galbraith & Associates Urban Planning Services in Toronto.
Toronto City Council has recently voted to allow for the building of fourplexes across Toronto, opening up the so-called 'yellow belt' to allow for more housing density. John talks to Sean about what's involved in building a fourplex, what impact the recent policy change will have on this process and how much this change will actually help Toronto deal with its overall housing affordability crisis.
You can also watch this video on our Move Smartly YouTube channel (see the link in our show notes).
And if you find this show useful, please rate and, even better, leave us a written review on Apple podcasts, so that more people can benefit from this information. It's very much appreciated!
And now, onto our episode!
Follow Sean on Twitter: @PlannerSean
You can also watch this interview on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: [email protected]
And if you find this show useful, please rate and, even better, leave us a written review on Apple podcasts, so that more people can benefit from this information. It's very much appreciated!
Our episode today is our live monthly market update from John who presents his latest Toronto Area Real Estate Market Report for May, sharing the latest data and highlighting the key market insights. And this month, John is once again joined by our Move Smartly mortgage expert and broker, David Larock, who explains how US central bank decisions impact us here in Canada.
As always, Urmi moderates the great questions we get in our live chat or John and David.
Today's show links:
John's market report for May 2023: https://www.movesmartly.com/monthly-report-may-2023
David Larock's latest post with his contact info: https://www.movesmartly.com/articles/what-the-us-fed-pause-will-mean-for-canadian-mortgage-rates
Bank of Canada financial vulnerability indicators: https://www.bankofcanada.ca/rates/indicators/indicators-of-financial-vulnerabilities/
***
You can participate in our live sessions or rewatch previous sessions on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Sign up for John’s monthly report/update email list: https://www.movesmartly.com/monthly-public-webinar
To book a Home Buyer/Seller Consultation with John Pasalis and Realosophy Realty about your more detailed questions: https://www.movesmartly.com/meetjohn
To send John your own question, email [email protected]
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: [email protected]
It’s May roundtable time with Steve in Vancouver and John in Toronto!
This month, we briefly talk about irrational beliefs about our favourite hockey teams during playoff time — but mostly about the irrational beliefs that seem to fuel the Toronto & Vancouver real estate markets as I ask Steve and John whether we are in fact seeing the beginning of another bull run as buyer demand picks up in both cities.
Steve and John also respond to your questions about who is still buying at these high interest rates, why new home for sale listing levels continue to be so low, advice for first-time buyers right now and more.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Feedback or Questions? Connect with us on Twitter:
@MoveSmartly
@JohnPasalis
@SteveSaretsky
Reach out to the show over email at [email protected]
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