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Experts answer your Canadian real estate questions

After a rapid increase in home prices in the Greater Toronto Area (GTA) and the Vancouver area, people are left wondering what they should do.

Viewers wanted to know about interest rates, where prices will go, monetary policy, cap rates, and the spread between detached and condo prices.

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.

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They answered viewer question on a wide range of topics.

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.

Download the Yahoo Finance app, available for Apple and Android.