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Buy, Sell or Run? What’s behind the latest boom in Toronto home prices and what can we do about it?

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May 31, 2021

Canada’s housing market, especially in Southern Ontario, is on fire. This is prompting many commentators to bring back the “B” word.

TABE has put together a panel of housing market experts to discuss the economic and demographic factors behind home price escalation in Ontario’s top housing markets and what policy tools, if any, should be used to temper market activity. The panelists will also compare today’s market to that of the early 1990s, the last time these experienced a real estate bubble. The panel will include discussion from both real estate economists and on-the-ground industry experts.

About the Panelists

Diana Petramala Senior Economist, Ryerson’s Center for Urban Research and Land Development Diana Petramala
Ted-Tsiakopoulos Senior Economist, Housing Markets Policy, Canada Mortgage and Housing Corporation Ted Tsiakopoulos

Ted Tsiakopoulos is a professional economist and sought after speaker with over 25 years of experience analyzing real estate and financial markets. As CMHC’s Ontario Regional Economist, Ted provided strategic direction on regional analytics to a team of economists while being accountable for the quality of analytical reports/research, analysis, and metro area forecast publications that were produced in the region. In 2019, he joined CMHCs Policy Division leading a modelling effort, in partnership with an external consultant, to determine the impacts land use, transportation, macro-prudential, economic/demographic policies have on very localized housing markets. Ted obtained a masters degree in economics from York and also studied at the London School of Economics in the UK.

Mike Williams Chief Executive Officer, West End Home Builders Association Mike Collins-Williams

Mike Collins-Williams is the CEO of the West End Home Builders’ Association (WE HBA) and is a Registered Professional Planner with extensive experience in the new home building and development industry. Prior to taking on his new role at the WE HBA, Mike was the Senior Director of Planning and Policy at the Ontario Home Builders’ Association focusing on government relations for the residential construction industry at Queen’s Park. Mike graduated from Ryerson University’s School of Urban and Regional Planning in 2003 with a Bachelor of Urban Planning and a Minor in Public Administration. Mike is a member of the Ontario Professional Planners Institute and the Canadian Institute of Planners.

Tim Syrianos Re/MAX Broker, Canadian Real Estate Association Director, and Former TREB President Tim Syrianos

Licensed since 1989, Tim Syrianos is the Broker of Record and Owner of RE/MAX Ultimate Realty in Toronto. Tim is responsible for the oversight of over 250 full time professionals and over 3000 transactions annually.  Licensed since 1989, Tim has also served as the 2017/2018 President of the Toronto Regional Real Estate Board.  He is presently a Board of Director for the Canadian Real Estate Association representing over 130,000 realtors nationally.  Tim’s knowledge and expertise are regularly sought after and featured in numerous interviews including newspaper, radio and TV.

tracy Freelance Reporter Tracy Hanes

Tracy is a Freelance Writer and Editor whose work has been published in The Globe and Mail, Epoch Times, The Hamilton Spectator, Toronto.com, St. Catharines Standard, The Mississauga News, Welland Tribune, InsideHalton.com, Cambridge Times and more.

Tracy continues as one of the main writers for the Toronto Star’s real estate sections, as well as other Star sections; regular contributor to Ontario Home Builder and Sustainable Builder magazines.

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