Move Smartly | Toronto Real Estate News, Data and Insights

The Great Reset, Condo Vultures, Cold Feet and More — January 2023 Roundtable

Written by Urmi Desai, Editor | Jan 11, 2023 19:00 PM

 New Year, New Roundtable! Urmi talks to John and Steve about what we can expect to see as Canada faces an uncertain housing market in 2023.

In this episode, Move Smartly editor Urmi Desai talks to the regular crew, John Pasalis of Realosophy Realty in Toronto and Steve Saretsky of Oakwyn Realty in Vancouver, about how and when the market will fully feel the effects of higher interest rates, why Urmi’s dream of snagging a TO condo at meltdown prices may not be an easy one and what impact policy changes new and old, including BC’s new buyer ‘cooling off period’, Canada’s foreign buyer ban and record levels of immigration, will have on the market.

And as always, Steve and John respond to your great audience questions along the way!

Click on video above or watch on our Move Smartly YouTube channel here

Listen to this series and more at our Move Smartly podcast

 

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 RE 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

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