Time to Tax Principal Residence Gains? + Will Condo Listing Surge Help Buyers? — Toronto & Vancouver Real Estate Roundtable July 2024

From earlier this month, a world-spanning July episode of the Toronto-Vancouver real estate roundtable with John in Greece, Steve in Vancouver and Urmi in Toronto!

The weather is warm, but the biggest Canadian real estate markets remain anything but — John and Steve take us through the latest stats for Toronto and Vancouver and explain whether yet another new record high in condo listings and investors existing will finally result in more options and better prices for end-users.

Also: as average gifts to home buyers from family now averages over $100,000 in Canada, is it finally time to talk about taxing gains on principal residences? 


How to Watch/Listen:

  • Click on play button above to watch on this blog post
  • Go to our Move Smartly YouTube channel to watch this session there
  • Go to our Move Smartly podcast to hear this episode when it become available on (new episodes go live each Tuesday) - click to listen here 

 

About This Series

Each month, MoveSmartly.com editor, Urmi Desai, talks to Steve Saretsky, Housing Analyst & Realtor of The Saretsky Group at Oakwin Realty in Vancouver and John Pasalis, Housing Analyst, Broker and President, Realosophy Realty in Toronto about the latest data and on-the-ground insights in Canada's biggest residential real estate markets.

Special thanks to Jessy Bains, who originated this series when he was with Yahoo Canada Finance. We are pleased to continue this important conversation at MoveSmartly.com.

Feedback or Questions? Connect with us on Twitter: @MoveSmartly, @JohnPasalis, @SteveSaretsky

Email the show at editor@movesmartly.com

MoveSmartly.com is powered by Realosophy.com/Realosophy Realty Inc. in Toronto, Canada

Urmi Desai is Founding Editor at Move Smartly, a leader in Toronto real estate news & analysis, and is Realosophy Realty's Chief Content Officer with responsibility for Realosophy.com and all consumer education and tools.

Urmi holds a B.A. in Political Science and English from the University of Toronto and an M.A. from the Norman Paterson School of International Affairs (Trade Economics) at Carleton University (Ottawa, Canada).

Email Urmi

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