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Why Toronto Real Estate Investors Aren’t Rushing to Sell Yet

Rising rents are keeping investors optimistic - for now.

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Why Are So Few Homes Available For Sale in Toronto?

With demand for real estate falling off dramatically, why aren't we seeing the build-up of homes on the market we'd expect?

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September 2022 Market Update: Toronto Home Prices Level Off Due to Low Inventory

August market numbers are out - and I review how they stack up against on the ground realities now.

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More Options for First-Time Buyers Looking for a Family Home

The number of homes listed under the critical $1 million mark increases as the Toronto area real estate market continues to slow down.

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Sept Real Estate Round Table: Toronto & Vancouver Markets Now

This month, Urmi, Steve and John discuss the ongoing market slowdown, next Bank of Canada rate hike and look back to the last high-rate markets of 1981 and 1990 in Canada.

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These GTA Cities Are Seeing the Biggest Drop in House Prices

Areas that rose the highest during the Covid-boom are falling the most.

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August 2022 Market Update: Toronto Area House Prices Down YOY for First Time Since Peak

Average house price down to $1,285,222 in July, down 1% over last year, while average condo prices slid to $738,930, still 7% up over last year.

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How to Adjust Your Home Selling Strategy When Prices Are Falling

In this latest video in a special series, lead contributor, John Pasalis of Realosophy Realty, explains what you need to do to secure a better outcome in an uncertain time.

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How to Adjust Your Home Buying Strategy When Prices Are Falling

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.

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Should I Buy While Toronto Homes Prices Are Falling?

It's a question a lot of people are asking me - here's what buyers are really asking and how I respond.

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Toronto Real Estate Market Faces Economic Conditions Not Seen Since 90s

Why things are different from the last time we saw a market downturn in 2017.

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July 2022 Market Update: Toronto Area House & Condo Prices Fall Again

Latest market numbers show that Toronto's house and condo prices falling up to 20% from peaks earlier this year though staying slightly up year-over-year.

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Toronto's Suburban Condo Market Also Slows Down (Faster Than The City)

Since February 2022, condo sales and prices are declining far more rapidly in the suburbs than in the City of Toronto. 

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Toronto Real Estate Sales Hit 20-Year Low (Almost)

We haven't seen numbers like this since the height of the onset of Covid-19 pandemic.

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June 2022 Market Update: Toronto Real Estate Sales Hit Historic Low

Early signs of a slowdown on-the-ground now strongly showing in the latest market numbers.

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Toronto Suburban Houses Lose Relative Value

Some areas that saw the fastest price gains during the pandemic are now coming down.

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Why Are Some Toronto Area Home Prices Dropping So Quickly?

How consumer - and agent - anxiety is playing a role.

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It's Spring Market Time in Toronto - Why Are Sales Falling?

Over the last decade in the Toronto area, this increase has averaged 8% per year - but not this year. 

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May 2022 Market Update: Significant Data Changes as Market Cools

The slowdown we were first seeing on the ground over the past two months is now showing in the numbers.

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Toronto Market Update: Average Home Prices Fall Slightly From Last Month

While March 2022 housing market numbers were well above those of 2021 and 2020, there are some signs of cooling as average prices fall slightly from February.

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Toronto’s Suburban Housing Bubble — 1 Year Later

Observers have been worried - but have policy makers done anything to cool  prices in the past year? 

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Is Toronto's Real Estate Market Slowing Down?

What I'm seeing in early on-the-ground signs that won't show up in the data until later.

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Toronto Market Update: House Prices Up 31%, Condos 26% Over Last Year

The numbers for February continued to show a hot market.

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How the Supply Side Argument for Housing Affordability Falls Short

Why I believe a more immediate demand-side lever is being overlooked.

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What's Really Pushing Up Toronto's 'Irrational' Home Prices?

What is behind buyer willingness to pay 40 to 50% more per year for homes?

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Toronto Market Update: January House Prices Up 25% in 6 Months

Cold weather and snow storms in January did nothing to cool down Toronto’s red hot housing market. 

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Best Performing Neighbourhoods in Toronto Area in 2021 for Condos

Condo buyers were pulled eastward in the search for affordability.

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Best Performing Neighbourhoods in Toronto Area in 2021 for Houses

Suburban area homes are hot in the search for affordability.

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Toronto Market Update: Looking Back at the Year That Was 2021

Record year of 119,532 home sales, surpassing the previous record of 112,288 in 2016.

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Will Canadian Real Estate Finally Slow Down in 2022?

Experts discuss what's ahead and whether 2022 could bring a more balanced market. 

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Toronto Market Update: Demand Surge Outpaces New Listings in November

Colder weather has had no effect on Toronto’s red hot housing market which continued to show signs of heating up last month.

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Are 'Regular Home Buyers' A Thing Of The Past in Toronto and Vancouver?

Why are we are seeing such a huge increase in those wanting to invest instead of live in our homes?

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Toronto Market Update: Median Now $1.3M for Houses, $660K for Condos

The Toronto Area real estate market once again posted strong numbers in October.

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Toronto & Vancouver Real Estate is 'Insanely Competitive' Right Now

Here is what these experts think you can expect for the fall market in Canada.

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Toronto Market Update: House Prices Jump Up in Sept After Holding Steady

Average house prices jump up after months of holding steady as new listings remain historically low and average condo prices rise slightly.

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Toronto Market Update: Only 4,001 Houses for Sale in Aug As Listings Drop

A 56% decline from inventory levels year-over-year as the fall market is expected to remain as competitive as it has been this summer.

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Toronto Market Update: Cooling But Still Competitive As New House Listings Down 37%

July's market numbers show that new listing supply for houses is falling faster than for condos.

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A Closer Look at the GTA's Cooling Market

Signs that the market is still moving quickly, but not as out-of-control as it was months ago.

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Toronto Market Report: Average GTA House Price Stays At $1.3M Since Feb

The Toronto area market is still competitive and favouring sellers - but things are cooling down.

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Does Toronto Have a Supply or Demand Problem?

There are always some that will perennially argue that a lack of supply is the only problem behind high home prices in Toronto - but it's not that simple.

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What Trigger Could Make Toronto Area Home Prices Fall?

When thinking about what might trigger a decline in home prices, there are generally two broad categories — a fundamental trigger and a behavioural trigger.

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What it will take for Toronto and Vancouver prices to fall?

Realosophy Realty's John Pasalis and Oakwyn Realty's Steve Saretsky join Jessy Bains from Yahoo Finance to discuss what is preventing home prices from decreasing in Toronto...
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Should You Buy a Home in Toronto's Overheated Market Today?

Is it financially safe and worth making so many other sacrifices - like a long commute or living on a busy street - to get into the Toronto area housing market right now?

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Where Can You Buy a House in the Toronto Area for 700K?

In the GTA's overheated market, even first-time buyers with good incomes are finding it nearly impossible to afford a home without long commutes to the city.

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Toronto Market Report: May Sales Up YOY But Down from March Peak

House sales of 7,825 in May are up 157% over last year - but this is due to the anomalies of the COVID-19 lockdown last year - and sales volumes have been trending down since...

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Is it Possible That Canadian Real Estate Prices Have Hit Their Peak?

Realosophy Realty's John Pasalis and Oakwyn Realty's Steve Saretsky join Jessy Bains from Yahoo Finance to discuss at whether the real estate market can get any hotter or if...
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Another year without a pullback in the housing market - What does it mean?

Will a pullback in the market lead to lower average home prices in the coming months or will prices stay high throughout 2021? What would it take to bring down the average cost of...

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Why Would a Real Estate Brokerage Warn About a Housing Bubble?

Why only reporting upbeat and positive information is the domain of old school real estate brokerages.

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Is Investor Demand for Condos Already Up Again?

As agents suggest that demand from investors for Toronto condos has likely exceeded pre-pandemic levels, we dig into the numbers to see.

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Toronto Market Report: 73% of Homes Sell Over Asking - But Signs of Cooling in April

The most important trend of note now is the start of a gradual cooling down in the market for houses across the Greater Toronto Area.

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Toronto Market Report: Highest Number of Sales Pushes Average Home Price to $1.1M in March

With 79% of houses and 63% of condos selling over the asking price in a pandemic no less, average home buyers are stressed - and confused.

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Does Toronto Have a Home Supply Problem?

This month we explore low inventory levels and demand shock in Toronto's housing market. 

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Are the Bank of Canada and CMHC Fuelling a Housing Bubble?

This month we explore the booming housing market in Toronto and across Canada and how new macro-prudential policies can be introduced to help cool the market. 

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The Incredible Turnaround of Toronto's Condo Market

This month we do a data dive on the City of Toronto’s volatile condo market over the past year. 

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Toronto Market Report: 79% of Houses Sell Over Asking in February

'Excessive exuberance' on display in the Toronto area real estate market right now.

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How Do You (Finally) Win a Bid for a Home in a Crazy Market?

With some homes getting up to 30 offers in the Toronto area right now, how can you get ahead as a buyer? 

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Toronto’s Suburban Housing Bubble

This month we look at Toronto's emerging housing bubble in the suburbs, how it's different from 2017 and how it will end this time around. 

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Fewer Houses for Sale Fuelling Toronto Price Increases

Realosophy's John Pasalis talks to Yahoo Finance on the record highs in real estate and why work from home, low inventory, bidding wars, and the Bank of Canada raises housing...

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Best Performing Neighbourhoods in Toronto and the GTA - Condos

In this post we look at the condominium neighbourhoods within the Toronto and GTA area that have performed well in terms of home price appreciation during 2020. 

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Best Performing Neighbourhoods in Toronto and the GTA - Houses

Given the year we’ve had and the impacts of the COVID-19 pandemic, it’s interesting to note which neighbourhoods within the Toronto and GTA area have performed well in terms of...

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2021: The Year Ahead — What's Next for Toronto Real Estate?

In this month's Move Smartly report, we look at key trends to keep an eye on in the Toronto real estate market during 2021.

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2020: Year in Review — COVID-19 Impacts on Toronto Real Estate

In this month's Move Smartly report, we look back at 2020 and how COVID-19 impacted the Toronto real estate market. 

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Why are Home Prices Expected to Keep on Rising?

Realosophy's John Pasalis talks to Yahoo Finance about why Toronto's real estate market broke records during what's usually a quiet holiday season.

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Investors Return to Downtown Toronto Condos As All Sales Surge in Dec

Realosophy's John Pasalis talks to BNN's Greg Bonnell about record month in which sales surged 64.5 per cent year-over-year amidst double-digit gains in all property types. 

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Seven Things You Need to Know About Toronto Real Estate Right Now

Our interviews with top experts on the market amidst Covid-19 identified these key factors making an impact now - and what to watch for next.

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Toronto Area Home Sales Hit a Record Low in April

The Greater Toronto Area saw a record low 2,942 home sales in April 2020.

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Corona Crisis Week 7: Signs of Stability in Toronto’s Real Estate Market

An increase in months of inventory suggests buyers as slowly re-entering the market - but not all regions across the Toronto area are picking up at the same speed.

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In-Depth Profiles for All Toronto and GTA Neighbourhoods

Research over 500+ Toronto Area neighbourhoods to see which fit your lifestyle needs - and offer the best return on your financial investment.

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Map of Toronto and GTA by Neighbourhood with Real-Time Real Estate Trends

Find out how local real markets are doing in over 500 Toronto area neighbourhoods - based on real time house price data.

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Why Investing in Pre-Construction Condos Could Cost You Money

This week, I talked to BNN Bloomberg about the questions you should be asking yourself before investing in a pre-construction condo.

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Why Relaxing the Mortgage Stress Test Won't Impact Toronto (Too) Much

John Pasalis, President of Realosophy Realty, joins BNN Bloomberg to discuss needed changes to Canada's mortgage stress tests - and why it is unlikely to make a big impact on the...

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Number of Toronto Condos for Sale Hits a 25-Year Low

Condos in the Greater Toronto Area are fetching prices 15% higher than last year - but this time, it's not because of higher demand.

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Why We Should Be Worried About Toronto Condo Prices Rising

Realosophy's John Pasalis talks to BNN's Greg Bonnell about why sharply rising prices - particularly in Toronto's condo sector - might be a cause for concern.

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What to Expect for Toronto's Real Estate Market in 2020

Realosophy's John Pasalis chats with the team at BNN Bloomberg to review Toronto real estate in 2019 - and discuss what's ahead for 2020.

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Toronto Area Home Prices Climb as New Listings Plummet

The Toronto Area real estate market is heating up and getting competitive this winter as sales and prices rise and the number of new listings falls. 

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What’s Driving Toronto & Area Housing Market Surge (This Time)

Why momentum is swinging back to the regions - and types of homes - that were hit hardest in last few years.

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Condo Sales Up 16% in Toronto Area at Start of Fall Market

All Toronto area regions saw sales grow by double digits - except for Halton.

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Toronto Suburbs Drive Home Sales up 13% in August

August home sales in the Greater Toronto (GTA) area were up 13% over the same month last year based on Realosophy Realty's analysis of sales through the Toronto Real Estate...

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Why Are Detached House Prices Falling When Sales Are Up 29%?

Toronto area detached home sales in continued to surge in last month - so why are prices falling?

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

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?

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Toronto Area Condo Sales Dip 3% in June

Toronto area condo prices are now out of reach for many buyers, pushing sales down - so what's keeping prices up?

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Toronto Area Detached Home Sales Up 19% in June

Strong demand continues with sales up 19% over the same month last year, but why aren't we seeing the bidding wars of previous years?

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A Turning Point for Toronto’s Condo Real Estate Market?

Condos have helped to prop up a drooping real estate market in the Toronto area - but has demand for them started to cool?

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Why is Toronto's Real Estate Market Doing Better Than Vancouver's?

Toronto is doing better at the things that matter most and was less affected by negative factors.

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Toronto Real Estate in 2019:  The Good, the Bad and the Ugly

The good, the bad and the ugly details that might impact Toronto’s housing market in the year ahead.

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Did Toronto’s Housing Market Have a Soft Landing?

A soft landing in the housing market is a moderate and relatively balanced decline in house prices rather than a big 40-50% crash that some housing markets experience when bubbles...

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Toronto Home Owners Are Turning to High Interest Private Debt

Special Report: Toronto’s twenty-year housing boom has resulted in a negative side effect that homeowners are starting to feel – very high debt levels.

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How Debt is Cooling Toronto’s Housing Market

Will the Toronto real estate market return to previously seen highs - or has a major new road block appeared?

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The Movement Towards Buying Cottages Instead of Homes

Can buying in outlying areas normally thought of as 'cottage country' be a viable way to get onto the housing ladder?

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Why I Fought for Sold Data - and Why The Fight is Not Over

When will innovative Toronto-area brokerages like Realosophy finally be able to share home sold prices with consumers online? 

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Over One in Four Toronto Area Homes for Sale are Empty

Why are so many homes sitting empty and why has the number increased over last year?

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Why are Fewer Toronto Area Houses for Sale Than Five Years Ago?

When we look at the number of properties that have been listed for sale in the Greater Toronto Area (GTA) (including Toronto) since 2012, we see a very interesting trend.  

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How Canada's Mortgage Stress Tests Have Spiked Toronto Condo Prices

The Canadian federal government introduced new mortgage rules in the fall of 2016 to combat rapidly increasing home prices - but have they driven up condo prices instead?

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Why are Detached House Prices Stable When Sales are Falling?

One of the questions I get often from buyers is how house prices can remain stable while sales are declining and inventory is increasing? 

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Drop in Toronto Condo Listings Keeps Prices Up

With Toronto Area condo sales down 26% in April 2018, many buyers are wondering why the condo market is still incredibly competitive and prices are still up.

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What You Can Learn From Toronto's 2017 Real Estate Bubble

Today we're releasing a new report featuring my analysis of last year's real estate bubble - why it happened and how it affected home buyers and sellers in Toronto and the Greater...

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GTA House Prices Falling Furthest Where Investors Once Dominated

This time last year we published a report Freeholds on Fire: How Investor Demand for Houses is Driving Up Prices in the Greater Toronto Area which looked at how investors in the...

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Why Toronto’s Real Estate Market Isn’t Crashing (Anymore)

The headlines and the recent numbers about the Greater Toronto Area’s real estate market have not been great this spring. Average home prices are down 14% in March and sales are...

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Why Some Toronto Neighbourhoods Are Likely to See Prices Fall Even Further

John Pasalis in Toronto Real Estate News, Home Buying

In my last blog post (The GTA Neighbourhoods Home Buyers Should Avoid), I walked through a metric we use at Realosophy to...

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The GTA Neighbourhoods Home Buyers Should Avoid

John Pasalis in Toronto Real Estate News, Home Buying

I recently stopped by TVO’s The Agenda to discuss the latest market stats with the Toronto Star’s Tess Kalinowski, and host...

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R Listing: Why Condo Towns are the Next Big Thing

Nicole Harrington in Listings of the Week 

Here's my closer look at a recent Realosophy listing brought to market by our busy sales team - along with key insights and the bigger...

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How much is your home by neighbourhood across Toronto & the GTA?

The semiannual Globe and Mail Home Value Survey powered by Realosophy is out today! Go to the interactive map to see how your neighbourhood has performed.

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