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What Do Bank Crashes Mean for Canadian Mortgages & More - Live Toronto Market Update - March 2023

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Watch my recent live market update chat where I share my report highlights and answer your questions on our Move Smartly YouTube channel.

On our live video chat, I presented the highlights of my most recent monthly Move Smartly Toronto Area Real Estate Market report for March 2023 and answered viewer questions about my top stories this month, including why data trends actually matter to what's happening on the ground in Toronto for home buyers and sellers.

I also asked David Larock, our Move Smartly mortgage expert, to explain what a bank collapse in US and global knock-on effects mean for our mortgages and whether high interest rates in Canada are resulting in the distressed home sellers we'd expect to see.

Plus, Realosophy Sales Representative Peter Karlos, joins us to describe the challenges his renter and landlord clients are seeing right now as Toronto rents reach new highs.

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
  • This episode will appear on our Move Smartly podcast shortly - follow us there

To sign up for our Monthly Live Market Update email list so you can be notified when I publish my monthly report and host a live Q/A each month, learn more here.

 

The Move Smartly monthly report is powered by Realosophy Realty, an innovative residential real estate brokerage in Toronto. 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. 

John Pasalis is President of Realosophy RealtyA 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).

Email report author John Pasalis, Realosophy President

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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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