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Trump Volatility + Rents Fall, Are Home Prices Next? Toronto & Van Real Estate Roundtable Feb 2025

Move Smartly 8,426 2 days ago
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It’s roundtable time with John Pasalis in Toronto and Steve Saretsky in Vancouver! This month, John and Steve discuss how hopeful views at the start of the year have weathered. And after a rollercoaster of the ride that is the Trump presidency over the last two weeks, with Canada still reeling from a - temporary - reprieve from an unprecedented 25% tariff smackdown from the US, can another Bank of Canada cut to bring its policy rate to 3% do anything to calm skittish home buyers? 00:00 - Intro 01:00 - Vancouver Update 03:30 - Toronto Update 09:13 - Canada's Rental Construction Boom 15:28 - Sell for a $100K Loss or Rent Your Condo? 17:30 - Is Canada Seeing A Change In The Rental Market? 21:05 - Is The Supply And Demand Mechanism Working? 28:40 - Trump Volatility 45:58 - Interest Rate Outlook Today’s Show Links: Steve Saretsky X-Twitter: https://x.com/SteveSaretsky/status/1861831041385955768 New York Times - Trump Calls Canada a Big Player in the Fentanyl Trade. Is It? https://www.nytimes.com/2025/01/30/world/canada/canada-fentanyl-trump.html?smid=url-share Contact Us Follow Steve on X-Twitter @SteveSaretsky; Email at: [email protected] Follow John on X-Twitter @JohnPasalis; Email at: [email protected] Follow Urmi on X-Twitter @MoveSmartly; Email at: [email protected] 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. 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!

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