$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 2023

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 talk about:

  • The Bank of Canada’s latest interest 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
  • Ontario’s Greenbelt scandal
  • Toronto’s potential ‘mansion’ tax 

How to Watch/Listen:


About This Series

Each month, MoveSmartly.com editor, Urmi Desai, talks to Steve Saretsky, Housing Analyst & Realtor at Oakwin Realty in Vancouver and John Pasalis, Housing Analyst, Broker and President, Realosophy Realty in Toronto about the latest data and on-the-ground insights in Canada's biggest residential real estate markets.

Special thanks to Jessy Bains, who originated this series when he was with Yahoo Canada Finance. We are pleased to continue this important conversation at MoveSmartly.com.

Feedback or Questions? Connect with us on Twitter: @MoveSmartly, @JohnPasalis, @SteveSaretsky

Email the show at editor@movesmartly.com

MoveSmartly.com is powered by Realosophy.com/Realosophy Realty Inc. in Toronto, Canada

Urmi Desai is Founding Editor at Move Smartly, a leader in Toronto real estate news & analysis, and is Realosophy Realty's Chief Content Officer with responsibility for Realosophy.com and all consumer education and tools.

Urmi holds a B.A. in Political Science and English from the University of Toronto and an M.A. from the Norman Paterson School of International Affairs (Trade Economics) at Carleton University (Ottawa, Canada).

Email Urmi

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