Will Condo Prices Fall as Listings Hit Record High? + Impact of First Interest Rate Cut — Toronto & Vancouver Real Estate Roundtable June 2024

It’s the first summer episode for the Toronto-Vancouver real estate roundtable time with Urmi, Steve and John!

The weather may be jumping up, but the real estate markets remain sluggish - John and Steve take us through the latest stats and explain what is happening in Toronto and Vancouver real estate markets, including:

  • Will prices start to fall as condo listings hit a record high?
  • The first interest rate cut has finally dropped - how will it affect the market?
  • Canadian PM Justin Trudeau admits that no one really wants home prices to fall — so how exactly is the government going to restore housing affordability for current and next generations? 

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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