Editor’s Edition: Toronto, Vancouver rental real estate markets red hot

Canadians appear to be thinking about post-pandemic life more than real estate these days, but prices are still sky-high in many housing markets. A return to a relative normal is also resulting in a booming rental housing market in the Greater Toronto Area (GTA) and Vancouver area.

Home price charts look more like cryptocurrency or tech stocks and federal party leaders are pressing the Liberal government to take action on housing affordability for first time buyers. The NDP’s plan includes tackling money laundering.

We’ve been getting monthly updates from the ground floor from Realosophy Realty’s John Pasalis and Oakwyn Realty’s Steve Saretsky, who help make sense of it all, with advice for anyone buying or selling a home.

Also See: The latest real estate news for housing prices, mortgage rates, markets, luxury properties and more at Yahoo Finance Canada.

They answered viewer questions and shared their thoughts on where they see markets going

If you have questions, email them to jessybains@yahoofinance.com and John or Steve will answer them on the next episode.

Jessy Bains is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jessysbains.