Skip to main content

Will Upcoming Mortgage Renewals Hurt Canada’s Housing Market and Economy? — March Toronto Area Real Estate Market Live Update & Q/A

Each month in this live session, I discuss the latest stats, on the ground realities and answer consumer questions about the Toronto area real estate market right now.

This month, I talked about the latest stats showing a rise in listings and discussed how these realities playing out as some less competitive homes fail on their offer nights. I am also joined by David Larock, Move Smartly mortgage expert, about why whether upcoming mortgage renewals will hurt the market and the overall economies as more Canadians face much higher interest rates than they saw five years ago. Plus we respond to our online viewer questions.

 

How to watch?

 

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).

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.

To book a consultation with John and his agents at Realosophy, click here

Email John

Published: March 15, 2024
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.

Get the Stories Behind The Sold Signs—Delivered Right to Your Inbox.