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

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 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).

Email report author John Pasalis, Realosophy President

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Published: March 16, 2023
John Pasalis
John Pasalis - John Pasalis is the founder and President of Move Smartly, a Toronto real estate brokerage that helps buyers, sellers and investors navigate the Greater Toronto Area housing market. A frequent commentator on Toronto real estate, John has contributed to the Globe and Mail, BNN Bloomberg and the Wall Street Journal, and his work has been cited by the Bank of Canada, the IMF and CMHC.

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