Trump Tariff Chaos Hits Slam into Slow Canadian Real Estate Markets — Toronto & Vancouver Real Estate Roundtable March 2025

It's Day One of the latest Canada-US Trade Tariff War and this one is a doozey! 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 and how are Canadian real estate consumers reacting to the introduction of 25% blanket tariffs on our trade with the US courtesy of President Donald Trump? Will banks continue to prop up the pre-construction or are things changing? And will low interest rates and the first signs of prices dropping be enough to get Canadians back into real estate again like they did after the initial shock of the 2008 financial crisis and the Covid-19 pandemic shutdowns wore off?   Today's Show Links: John Pasalis - "Is Canada Propping Up Condos": https://youtu.be/itUMEdVKiZ0?si=JrylsNlzn2UMYPzO   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. 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!