WATCH NOW: Surging Power of Sales, Condo Crash Déjà Vu & Ottawa’s Big Housing Plan
This week on Real Estate Roundtable, Urmi Desai is joined by John Pasalis and Steve Saretsky to unpack three major stories shaping Canada’s housing market right now:
Power of Sales Surge:
Are rising forced sales a sign of deeper financial stress in the market—or just a symptom of normalization after years of low defaults? John and Steve break down what’s driving the trend and where the distress is most visible.
New Condo Crash or 1990s Redux?
With new condo cancellations, plunging resale prices, and developers suing buyers who can’t close, is today’s condo market echoing the crash of the early 1990s? The hosts compare then vs. now - and what it means for builders and investors.
Build Canada Homes: Bold Policy or Boondoggle?
The federal Liberals’ new housing plan aims to build 3.9 million homes. But can Ottawa really deliver—or is this another headline policy that overpromises and underdelivers?
Plus, this episode marks a bittersweet moment - it’s Urmi Desai’s final show as host. After many thoughtful and engaging conversations, Urmi is moving on to a new role at the Textile Museum of Canada. We’re deeply grateful for her incredible work on the show and wish her all the best in her next chapter.
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).
Have questions about your own moves in the Toronto area as a buyer, seller, investor or renter? Book a no-obligation consult with John and his team at a Realosophy here: https://www.movesmartly.com/meetjohn
October 10, 2025
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