Toronto home buyers must watch out for rapid price slides says Realosophy s John Pasalis

John Pasalis President of Realosophy Realty joins BNN Bloomberg to discuss the latest Toronto housing data that show home sales in July plunging 47 from last year Pasalis says the transmission of monetary policy into the housing market is destroying demand and sees sluggishness continuing into the fall He expects more stability in the market with fewer distress sales He says it s now a buyers market but adds buyers should watch out for quick price drops Subscribe to BNN Bloomberg to watch more videos a https 3A 2F 2Fwww youtube com 2FBNNBloomberg a Connect with BNN Bloomberg For the latest news visit a https 3A 2F 2Fwww bnnbloomberg ca a For a full video offering visit BNN Bloomberg a https 3A 2F 2Fwww bnnbloomberg ca a video BNN Bloomberg on Facebook a https 3A 2F 2Fwww facebook com 2FBNNBloomberg a BNN Bloomberg on Twitter a https 3A 2F 2Ftwitter com 2Fbnnbloomberg a BNN Bloomberg on Instagram a https 3A 2F 2Fwww instagram com 2Fbnnbloomberg a BNN Bloomberg on LinkedIn a https 3A 2F 2Fwww linkedin com 2Fcompany 2Fbnn-bloomberg a -- BNN Bloomberg is Canada s only TV service devoted exclusively to business finance and the markets

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