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:
To watch all videos in these series, visit our Move Smartly YouTube channel to watch (click on link for each episode:
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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 utilized by the Bank of Canada, the Canadian Mortgage and Housing Corporation (CMHC) and the International Monetary Fund (IMF).