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Analyzing Canada's Housing Market: East Strengthens, West Weakens

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Why are house prices sliding in the West of Canada, while the East returns to growth, with the Toronto Area's York Region leading the way?

Realosophy's John Pasalis talks to BNN Bloomberg's Greg Bonnell about the most recent numbers on Canada's real estate market, which belie a growing East-West split.

Key topics include the divergent actions of provincial governments in BC and Ontario, the continuing impact of low interest rates, a shift between house and condo markets, and York Region's post-bubble recovery.

Click on play button to view full video below.

Top Image Credit, Video: BNN Bloomberg

Realosophy Realty Inc. Brokerage is an innovative residential real estate brokerage in Toronto. A leader in real estate analytics, Realosophy educates consumers at Movesmartly.com and Realosophy.com, Realosophy helps clients make better decisions when buying or selling a home. 

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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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