How Can Toronto Home Prices Stay So High? + Neighbour As Agent? — ‘The Situation’ Consumer Q&A

In our latest monthly consumer Q&A, I respond to the detailed questions that real estate consumers across the GTA are asking now.

This month, we hear from home seller who wonders about the pros and cons of using their neighbour as their real estate agent, an investor wonders just who is renting all those 1-bedroom condos downtown and a viewer wonders just how Toronto home prices can be 10 times income without eventually crashing?

How to watch?

• Watch the video above, just click the "play" button
• Go to the Move Smartly YouTube channel to watch this video 
• Listen to this episode when available on the Move Smartly podcast (New episodes drop Tuesdays)

If you would like to send in your questions to be featured on a future episode, please email me at askjohn@movesmartly.com

If you have a more specific or particular real estate situation to discuss with me and my agents at Realosophy Realty, connect with us at movesmartly.com/meetjohn

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 John