Are Bidding Wars Back? + When Should I Sell? - 'The Situation' Q/A - Feb 2024

In our latest monthly consumer Q&A, I respond to the detailed questions that real estate consumers across the GTA are asking now.

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?

How to watch?


If you would like to send in your questions to be featured on a future episode, please email me at

If you have a more specific or particular real estate situation to discuss with me and my agents at Realosophy Realty, connect with us at


John Pasalis is President of Realosophy Realty. A specialist in real estate data analysis, John’s research focuses on unlocking micro trends in the Greater Toronto Area real estate market. His research has been utilized by the Bank of Canada, the Canadian Mortgage and Housing Corporation (CMHC) and the International Monetary Fund (IMF).

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