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Should I Lower the Price on My Condo? + The Family Home Stretch — ‘The Situation’ Consumer Q&A - Oct 2023

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In our monthly consumer Q&A, ‘‘The Situation’, Urmi asks and John responds to the detailed questions that real estate consumers across the GTA have sent in. 

We hear from a young family wondering if they should stretch to buy their family home, a seller who wonders if she needs to reduce her condo price and an owner planning to downsize in the next few years — and wondering if they should risk waiting.

How to watch?

 

Submit your own real estate questions to be addressed in future episodes to: askjohn@movesmartly.com

 

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).

A leader in real estate analytics, Realosophy educates consumers at Realosophy.com and MoveSmartly.com and helps clients make better decisions when buying and 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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