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How to Adjust Your Home Buying Strategy When Prices Are Falling

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In the fourth of a special series, lead contributor, John Pasalis of Realosophy Realty, explains how buyers need to be thinking when making offers in a falling Toronto area market.

It's an unprecedented time as Toronto area real estate sales and prices fall after a long run that saw a historic run-up in prices during the pandemic.

For buyers currently in the market, there is some uncertainty about how best position yourself to capitalize on potential opportunity.

In this video, John explains:

  • How homes can be valued when prices are falling quickly
  • Why there is still so much competition for certain homes
  • How you can best position when make offers on homes

To watch all videos in these series, visit our Move Smartly YouTube channel to watch (click on link for each episode: 

John Pasalis
John Pasalis
John Pasalis is President of Realosophy Realty, a Toronto real estate brokerage which uses data analysis to advise residential real estate buyers, sellers and investors. 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 shared with the IMF and cited by the Bank of Canada and CMHC. A frequent commentator on the Toronto housing market and real estate consumer and industry issues, John has contributed to the Globe and Mail, CBC, BNN Bloomberg, TVO's The Agenda, Toronto Star and other media, national and international government and industry organizations. John holds a B.Sc. in Economics from the University of Toronto and is a candidate in the Doctorate of Business Administration Program at the University of Toronto and Henley Business School (UK).

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