John Pasalis, president at Realosophy Realty, talks with Financial Post’s Larysa Harapyn about what the Bank of Canada rate hike means for the housing market, people with variable rate mortgages and ...

The traditional spring upswing in the Toronto-area real estate market is behind schedule so far in 2023 as homeowners remain reluctant to list properties for sale. “It is sluggish,” says John Pasalis, ...

"A lot more households are facing financial distress," said John Pasalis of Realosophy Realty, leading to rising mortgage arrears and an expected increase in power of sales in 2026. (Credit: Peter J.

Toronto-area real estate remains sluggish in November, but a new pragmatism has taken over from the optimism that buoyed the market in early 2025. Seller sentiment has changed significantly since the ...