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Mixed Market Conditions + Should Large Companies Buy Up Homes? — Toronto & Vancouver Real Estate Roundtable December 2024

Mixed Market Conditions + Should Large Companies Buy Up Homes? — Toronto & Vancouver Real Estate Roundtable December 2024

Published 1 year, 7 months ago
Description
It's December and time for our last monthly Toronto and Vancouver real estate roundtable of the calendar year with my co-host John Pasalis in Toronto and Steve Saretsky in Vancouver.

This week, John and Steve explain why a jump up in YOY sales numbers obscures the reality of a sluggish market with some segments performing better than other and just how Vancouver and Toronto have come to top the list of the most expensive 25 cities in the US & Canada, topping LA, San Francisco and New York. We ended with a lively debate about whether large corporations should be allowed to buy homes to rent out as Canada's Finance Minister Chrystia Freeland calls for public submissions on this issue. 

Today's Links:

Link to Wowa list of housing expenses in largest 25 cities in US & Canada: https://x.com/SteveSaretsky/status/1862941518144983313

Link to John and Steve twitter exchange re large corporations buying homes: https://x.com/JohnPasalis/status/1859682242366406986

Contact Us
Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com
Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com
Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com

 

About This Roundtable Series
Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto,  and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!)
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here:

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