8/9/2022 | Posted in Canadian Economy and Interest Rates by Russell Pearsall
  SHARE

A massive rate jump at the central bank’s meeting next month is a near certainty, economists say

... More

Real Estate & Mortgage News

  8/8/2022 | Posted in Canadian Economy and Housing Market by Russell Pearsall
  SHARE

Expand the Bank of Canada mandate, for starters

... More

Real Estate & Mortgage News

  7/12/2022 | Posted in Canadian Housing Market Predictions by Russell Pearsall
  SHARE

CMHC revises down home price forecast over next two years to adjust for interest rate spike.

... More

Real Estate & Mortgage News

  6/17/2022 | Posted in Mortgages and Real Estate by Russell Pearsall
  SHARE

Experts say extending the amortization period for your mortgage could keep your monthly payments in check even as you face higher interest rates, but caution that doing so ... More

Real Estate & Mortgage News

  6/15/2022 | Posted in Canadian Housing Market by Russell Pearsall
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022.

... More

Real Estate & Mortgage News

  6/14/2022 | Posted in Interest Rates by Russell Pearsall
  SHARE

Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising.

... More

Real Estate & Mortgage News

  6/14/2022 | Posted in Canadian Economy and Interest Rates by Russell Pearsall
  SHARE

The likely deceleration of the housing market would be a welcome effect, Macklem says

... More

Real Estate & Mortgage News

  6/14/2022 | Posted in Canadian Economy and Housing Market by Russell Pearsall
  SHARE

Statistics Canada says the amount Canadians owe relative to their income pulled back in the first quarter from the record level set in the fourth quarter of 2021 as incomes ... More

Real Estate & Mortgage News

  5/3/2020 | Posted in Canada Living by Russell Pearsall
  SHARE

Canada is officially in a recession that's been caused by the COVID-19 pandemic, the C.D. Howe Institute's Business Cycle Council declared Friday.

... More

Real Estate & Mortgage News

  4/21/2020 | Posted in Canadian Economy and Housing Market by Russell Pearsall
  SHARE

Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis ... More

Real Estate & Mortgage News

  3/19/2020 | Posted in Community by Russell Pearsall
  SHARE

Happy First Day of Spring Everyone!

... More

Real Estate & Mortgage News

  3/18/2020 | Posted in Canada Living by Russell Pearsall
  SHARE

The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak.

... More

Real Estate & Mortgage News

  3/16/2020 | Posted in Canada Living by Russell Pearsall
  SHARE

Prime Minister Justin Trudeau has announced the federal government will close its borders to most people who are not Canadian citizens or permanent residents as part of its ... More

Real Estate & Mortgage News

  2/27/2020 | Posted in Canada Living by Russell Pearsall
  SHARE

In 2018, the median after-tax income of Canadian families and unattached individuals was $61,400.

... More

Real Estate & Mortgage News

  2/13/2020 | Posted in Rental Market by Russell Pearsall
  SHARE

The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001.

... More

Real Estate & Mortgage News

  12/18/2019 | Posted in Canada Living by Russell Pearsall
  SHARE

There will be growth for the Canadian economy in the next two years as the country avoids recession.

... More

Real Estate & Mortgage News
Ask Russell Pearsall

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.

Security Question: 12 + 10 =