Move Smartly: The Podcast

This week on Move Smartly, I'm joined by Doug Hoyes, Licensed Insolvency Trustee and co-founder of Hoyes, Michalos & Associates, one of the most experienced consumer debt relief firms in Canada. Doug works on the front lines with households facing financial distress, giving him a real-time look into what's happening beneath the surface of the economy — long before it shows up in official data. We unpack what he's seeing inside his practice today: who's struggling, what's driving the rise in consumer proposals and bankruptcies, and how closely those trends are connected to housing costs, mortgage renewals and rising debt loads. We discuss the growing role of HELOCs, the psychology of debt in a real-estate-obsessed culture, and whether insolvency trends could signal more forced home sales and pressure on the housing market in 2025. This is an important conversation for anyone following the housing market, the growing financial strain facing Canadian families, and the economic risks building beneath the headlines. Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly  About This Show The Move Smartly show is hosted by 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: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!

 John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents Gus Papaioannou and Davin McMahon and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the discussion in our live chat!! This week on our live show, John and the team break down what could be coming in 2026 - including the possibility of interest rates rising again. So the big question is: Will higher rates finally push those buyers who've been sitting on the sidelines to make a move? We're already seeing early signs that some are starting to jump back in before affordability shifts again.  Dave Larock, our mortgage expert, provides a breakdown of November's big job gain and why that headline might be more hype than reality. Dave believes rates will hold steady in the short term, but he's predicting rate cuts coming in 2026. Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar Today's show links:  John's latest articles on the Toronto area real estate market are on realosophy.com  https://www.movesmartly.com/articles/author/john-pasalis Dave Larock's latest weekly blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock Contact Us: John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP About This Show: The Move Smartly show is hosted by 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 and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!!

This month's real estate roundtable brings together John Pasalis, Steve Saretsky, and mortgage broker David Larock for a deep dive into where the housing market is heading next. We start by looking at the surprising end to 2025, with home sales in the GTA on track to finish the year at a 25-year low. We break down what's driving the slowdown and how buyers and sellers are responding on the ground. From there, we discuss the diverging outlooks for the Bank of Canada's next move. Some economists still see more cuts ahead, while one major Canadian bank is now forecasting a rate hike in 2026 — a scenario few thought possible just months ago. We explore what that would mean for borrowers, mortgage renewals, and price expectations. We wrap up the conversation by sharing our forecasts for the housing market in 2026, the indicators we're watching most closely, and whether we believe next year will mark a turning point or another chapter in a difficult market. Contact Us Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com Follow David on X-Twitter @Dave_at_IMP; Email at dave@moreplan.ca You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!

In this episode of The Situation, John and Davin dive into two real-world housing challenges that many listeners might recognize. First, Maya writes in with a creative idea to tackle affordability and support family: she and her brother are considering buying a three-unit home together so they can each have their own space while bringing their mom closer as she looks to downsize from a large suburban house. It sounds practical — but what are the financial, legal, and personal considerations families should think through before taking on co-ownership? Then, Steve from Kitchener shares a puzzling trend: while most 600 sq ft condos in his market are selling for $350K to $400K, four units in a brand-new building suddenly sold for between $575K and $650K — all significantly above the going rate. What could possibly explain such a dramatic jump in price? And what might it signal for buyers and investors watching this market? Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly  About This Show The Move Smartly show is hosted by 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: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!

In this episode, I talk with Jeremiah Shamess about the major shift happening in Toronto's land and development market. Jeremiah explains how land values peaked in 2022 and are now down as much as 60 percent because the pre-construction condo market has stalled and very few developers are buying. Most of the buyers still active are focused on purpose-built rental, and he says about two-thirds of the land for sale right now is power of sale, reflecting real distress among owners who bought at the peak. We also discuss how investor demand reshaped the condo market. Ten years ago, about half of pre-con buyers were end users, but as investors took over, developers shifted to producing micro units instead of livable homes for families. Jeremiah believes we are entering a new era, where rental housing will dominate new construction rather than owner-occupied condos. Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly  About This Show The Move Smartly show is hosted by 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: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!

In this month's Move Smartly Live Market Update, John Pasalis breaks down the latest housing trends and what's really driving today's price declines across the GTA. John walks through the three key forces pushing prices lower and how buyers are responding—becoming far more opportunistic, lowballing aggressively, and hunting for value in a cooling market. John is joined by mortgage broker David Larock, who shares the latest economic indicators influencing borrowing costs, what's happening behind the scenes at the Bank of Canada, and his outlook for interest rates over the months ahead. A data-driven look at where the market stands today—and where it may be heading next. Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly  About This Show The Move Smartly show is hosted by 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: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!

John Pasalis, Steve Saretsky, and Ben Rabidoux of Edge Realty Analytics discuss the latest trends in Toronto and Vancouver's housing markets as prices continue to fall. They also explore the Bank of Canada's recent rate cut and what it signals for the path ahead for the economy, whether rising housing starts are good news for home buyers, and the implications of the Cowichan land claim decision in Richmond, B.C. Listeners can get a 30% discount on Ben's monthly subscription to Edge Realty Analytics using the code Edge30 at edgeanalytics.ca Contact Us Follow Ben on X-Twitter: @BenRabidoux Follow Steve on X-Twitter: @SteveSaretsky Follow John on X-Twitter: @JohnPasalis Email: askjohn@movesmartly.com Watch this episode on our Move Smartly YouTube channel:  youtube.com/movesmartly If you enjoy our show, please like, subscribe, share, and review — your support helps us reach more Canadians navigating today's housing market.

In this episode, John tackles three real questions from listeners dealing with the challenges of Ontario's housing market. First, a landlord planning to sell a tenanted property asks whether it's possible — and smart — to get an N11 signed before listing to avoid losing a deal if the tenant refuses later. John breaks down what landlords need to know about the N11 process and the risks of getting too far ahead of a sale. Next, a condo buyer wonders if it's really an advantage to deal directly with the listing agent. After touring multiple properties and getting wildly different experiences, they ask the big question: does going straight to the listing agent actually help, or can it hurt you? Finally, an investor who bought a suburban home four years ago is struggling to rent out rooms to international students as demand drops. With higher interest rates, negative cash flow, and falling prices, they're now losing $1,500 a month — and wondering whether to hold or sell at a loss. John walks through each situation with practical advice grounded in today's market realities. Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly  About This Show The Move Smartly show is hosted by 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: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!

In this episode of the Move Smartly Podcast, I sit down with Ron Butler, veteran mortgage broker and host of the Angry Mortgage Podcast, for a frank discussion about the future of housing in Canada. We talk about whether the dream of homeownership is slipping out of reach and if we're moving toward a permanent renters society. Ron shares his thoughts on what it would actually take to get more Canadians into homes again — and whether there's any realistic path forward given today's economic and policy environment. With housing construction in Ontario falling sharply, we dig into whether the building of owner-occupied homes can rebound, what happens to the wave of small "dog crate condos" now in the pipeline, and whether projects propped up by blanket appraisals and family offices might start to fail. Ron also explains how the slowdown in new construction could ripple through the broader economy, from job losses to reduced growth in related sectors. We wrap up with his outlook for the housing market and what he sees coming next — for homeowners, renters, and anyone still hoping to buy. Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly    About This Show The Move Smartly show is hosted by 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: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!

John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow agent Davin McMahon and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the discussion in our live chat!! This week, John and his team discuss the rise in Power of Sale listings and how Buyers Are Slowly Coming Back - But They're Still Cautious! Dave Larock, our mortgage expert, explains how rate cuts by the US Fed might lead to higher rates in Canada. As usual, our engaged viewers and listeners have plenty of consumer questions about what's next for their real estate moves, mortgage rates and more. Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar Today's show links:  John's latest articles on the Toronto area real estate market are on realosophy.com  https://www.movesmartly.com/articles/author/john-pasalis Dave Larock's latest weekly blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock Contact Us: John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP About This Show: The Move Smartly show is hosted by 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 and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!

John Pasalis and Steve Saretsky join host Urmi Desai to discuss the sharp rise in Power of Sales, whether today's condo market is repeating the 1990s crash, and if the federal Liberals' Build Canada Homes plan is bold policy or political theatre. This episode also marks Urmi's final show as she moves on to a new role at the Textile Museum of Canada. Contact Us Follow Steve on X-Twitter @SteveSaretsky; Email at: steve@stevesaretsky.com Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!

In this episode, John speaks with Jacob Dawang from the housing advocacy group Grow Together to unpack how Edmonton became one of Canada's leaders in zoning reform. They discuss when and how 8-plexes were legalized, what the municipal rules and lot requirements look like, and how Edmonton's multiplexes differ from those being built in Toronto — often resembling four townhomes with basement suites rather than stacked apartments. Jacob also shares insights into the early results of the policy, the pushback from residents and councillors considering scaling back density on interior lots, and the lessons Toronto can learn from Edmonton's approach to enabling more missing-middle housing. Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com   Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com    About This Show   The Move Smartly show is hosted by 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: https://www.youtube.com/movesmartly   If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!

It's time for our monthly 'The Situation' consumer Q&A — where Davin puts your real estate questions to John. This month, Steve wants to know why his fairly priced condo isn't selling and what he can do beyond lowering the price. Susan is considering buying a home with her sister to share costs and gain exposure to real estate, and asks about the pros and risks. And Anwar wonders how "too low for too long" interest rates shaped today's housing market — and why mortgage payments aren't part of Canada's inflation measure. If you would like to send in your question to be considered for a future episode, please email askjohn@movesmartly.com If you have a real estate situation you would like to discuss with John in private, please connect with John at movesmartly.com/meetjohn Connect with Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | Twitter: @JohnPasalis 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 and every podcast episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!

Today, Move Smartly co-host John Pasalis chats with Move Smartly editor and Realosophy business partner Urmi Desai about her departure from the firm and the Move Smartly show. A lot has changed since John and Urmi began working on a new type of pro-consumer data-focussed real estate brokerage and communications channel back over 15 years ago.  We look back on the experiences of building a real estate business, why Urmi's policy background has allowed her to take on various challenges in the public, private and now, the non-profit sector and her thoughts on Canada's housing affordability crisis. Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com  About This Show The Move Smartly show is hosted by 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: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!

Each month, show co-host John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents, Peter Karlos and Davin McMahon, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments! This week, John and his team discuss conditions in a market - how are individual buyers and sellers navigating house and condo price drops? Dave Larock, our mortgage expert, explains how the latest in US and Canadian news will impact our rates. As usual our engaged viewers and listeners have plenty of consumer questions about what's next for their real estate moves, mortgage rates and more. Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar Today's show links:  John's latest monthly Toronto area real estate market report on MoveSmartly.com: https://www.movesmartly.com/reports Dave Larock's latest weekly blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock Why Canada Only Builds Micro Condos — And What We Can Do About It: https://www.youtube.com/watch?v=C0iE_2nMNY8&ab Contact Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly 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 and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!

We're back from our summer hiatus - and back to work! Move Smartly Editor and Host, Urmi, once again speaks to John and Steve on what is going on in the data and on the ground in Toronto and Vancouver. This month, more sales but some surprising price drops continuing not only in condos but house sector. Plus, how will interest rates, economic uncertainty and headlines about a condo market collapse play into consumer sentiment? And, an Ontario real estate brokerage scandal puts (another) black eye on the industry. 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: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!

Each month, show co-host John Pasalis presents his latest data and top stories on Toronto area real estate in conversation with fellow Realosophy agents, Anastasia Spozito and Davin McMahon, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments! This week, John and his team discuss conditions in a market that sees some buyers motivated as prices drop — but how will sellers respond? Dave Larock, our mortgage expert, explains how the latest in US and Canadian news will impact our rates. As usual our engaged viewers and listeners have plenty of consumer questions about what's next for their real estate moves, mortgage rates and more. Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar Today's show links:  John's latest monthly Toronto area real estate market report on MoveSmartly.com: https://www.movesmartly.com/reports Dave Larock's latest weekly blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock Contact Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly 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 and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you  

Move Smartly Editor and Host, Urmi, once again speaks to John and Steve on what is going on in the data and on the ground in Toronto and Vancouver. This month, some surprising signs of more activity with an uptick in sales in both markets, while prices remain under pressure. Plus, what influences home buyers more — interest rate news or Canada-US trade uncertainty? And BC tries to get new construction going with a change to development charges — will it work? 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: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!

In this episode, I'm joined by Robert Kavcic, Senior Economist at BMO, to unpack the real state of Canada's economy amid growing public uncertainty. Despite rising interest rates, global trade tensions, and fears of a looming recession, Canadians are still spending, stock markets are climbing, and unemployment is rising more slowly than expected. So—are we in trouble, or are fears overblown? We explore the economic crosscurrents shaping 2025, from trade negotiations and tariff threats to what's really driving up mortgage rates. We also dive into Canada's housing market, where psychology has shifted, construction is stalling, and many are wondering whether the market has found its bottom—or if more pain is ahead. Contact Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly 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 and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!

Today, Move Smartly editor Urmi Desai discusses a key hot topic in Canadian real estate with co-host John Pasalis of Realosophy Realty in Toronto. In the last few years, we have been told by experts and advocates that removing all barriers to supply — including taxes, zoning and other government regulations — is the key to restoring housing affordability as builders will build, build, build enough homes to restore supply and demand balance — resulting in falling prices. But now that home prices and rents are finally falling in Ontario and BC, housing starts have come to a standstill. Why do we believe developers would keep building amidst falling prices? Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com  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: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!