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Experts answer questions about Canadian real estate

It’s tough time for first-time home buyers in the Greater Toronto Area and Vancouver to get a foot in the door with so much competition and high 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.

They answered viewer questions about contracts, the role of realtors, foreign buyers, and how to vet developers.

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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.