5/15/2017 | Posted in Real Estate Market by Russell Pearsall
  SHARE

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined in April 2017. ... More

Real Estate & Mortgage News

  5/2/2017 | Posted in Toronto Real Estate by Russell Pearsall
  SHARE

Early data suggests homebuyers in Canada’s largest city sat on the sidelines as they awaited new market cooling measures, but jumped backed into the market — albeit ... More

Real Estate & Mortgage News

  4/25/2017 | Posted in Real Estate Market by Russell Pearsall
  SHARE

"Move-over" buyers from Toronto and Vancouver turning to surrounding areas to find a balance of affordability, square footage, and access to ... More

Real Estate & Mortgage News

  4/18/2017 | Posted in Real Estate Market by Russell Pearsall
  SHARE

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in March 2017.

... More

Real Estate & Mortgage News

  4/8/2017 | Posted in Toronto Real Estate by Russell Pearsall
  SHARE

From a personal finance point of view, Toronto real estate makes your head spin. Monthly price increases for resale houses in the city are amazing enough in their own ... More

Real Estate & Mortgage News

  4/6/2017 | Posted in Real Estate Market by Russell Pearsall
  SHARE

Royal Bank's CEO said he's "increasingly concerned" about the Toronto and Vancouver housing markets and would welcome government intervention in the ... More

Real Estate & Mortgage News

  4/4/2017 | Posted in Toronto Real Estate by Russell Pearsall
  SHARE

Governments may have to impose more measures to cool Toronto’s housing market if prices remain “overheated” after the spring buying season, said Bank of Nova ... More

Real Estate & Mortgage News

  3/27/2017 | Posted in Toronto Real Estate by Russell Pearsall
  SHARE

Toronto’s housing market is likely to stay strong for the rest of the year, with home prices jumping as much as 25 per cent, amid hints that speculators are fuelling ... More

Real Estate & Mortgage News

  3/22/2017 | Posted in GTA Real Estate by Russell Pearsall
  SHARE

In the first two months of 2017 there were 2,876 such sales, up from 1,548 in the same period of 2016, a top real estate brokerage reports.

... More

Real Estate & Mortgage News

  3/20/2017 | Posted in Real Estate News by Russell Pearsall
  SHARE

Ontario Finance Minister Charles Sousa is urging Ottawa to address speculative investing in the country's housing markets by changing how such profits are taxed.

... More

Real Estate & Mortgage News

  3/15/2017 | Posted in Real Estate Market by Russell Pearsall
  SHARE

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in February 2017.

... More

Real Estate & Mortgage News

  3/15/2017 | Posted in Real Estate Market by Russell Pearsall
  SHARE

The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate ... More

Real Estate & Mortgage News

  3/14/2017 | Posted in Real Estate Market by Russell Pearsall
  SHARE

Canadian home prices rose in February as prices continued to climb in the hot Toronto market, data showed on Tuesday in a report that was unlikely to alleviate concerns from ... More

Real Estate & Mortgage News

  3/6/2017 | Posted in Toronto Real Estate by Russell Pearsall
  SHARE

The government remains “very focused” on monitoring the Canadian housing market, Finance Minister Bill Morneau said. His remarks come amid rising prices in Toronto ... More

Real Estate & Mortgage News

  3/5/2017 | Posted in Toronto Real Estate by Russell Pearsall
  SHARE

Add Canada’s largest bank to the growing chorus of lenders worrying about unsustainable price growth in Toronto. Sparking speculation that further mortgage rule ... More

Real Estate & Mortgage News

  2/15/2017 | Posted in Real Estate Market by Russell Pearsall
  SHARE

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were down slightly in January 2017 on a month-over-month basis.

... More

Real Estate & Mortgage News

  2/4/2017 | Posted in GTA Real Estate by Russell Pearsall
  SHARE

Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 5,188 residential transactions through TREB's MLS® System in ... More

Real Estate & Mortgage News

  2/1/2017 | Posted in Toronto Real Estate by Russell Pearsall
  SHARE

Toronto’s housing market is in for another red-hot year, the area’s real estate board said in a new forecast.

... More

Real Estate & Mortgage News

  1/17/2017 | Posted in Ontario Real Estate by Russell Pearsall
  SHARE

As Vancouver smarted from its greatest 3-month decline in home prices since 2012, latest housing data suggested that Ontario is now the main contributor of strength and ... More

Real Estate & Mortgage News

  12/24/2016 | Posted in Ontario Real Estate by Russell Pearsall
  SHARE

The head of a realtor group in Canada’s largest province said he’d support a program that would lend first-time buyers cash to buy houses and get them out of their ... More

Real Estate & Mortgage News

  11/28/2016 | Posted in Toronto Real Estate by Russell Pearsall
  SHARE

Proposed changes to the Land Transfer Tax in Toronto have been criticized by the Toronto Real Estate Board for their impact on first-time buyers.

... More

Real Estate & Mortgage News

  11/26/2016 | Posted in Home Buyers by Russell Pearsall
  SHARE

The head of Canada Mortgage and Housing Corp. has opened the door to the possibility of increasing the minimum down payment needed to buy a house, though a change is not ... More

Real Estate & Mortgage News

  11/15/2016 | Posted in Real Estate Market by Russell Pearsall
  SHARE

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in October 2016.

... More

Real Estate & Mortgage News

  11/14/2016 | Posted in Ontario Real Estate by Russell Pearsall
  SHARE

Ontario is doubling the rebate on the land-transfer tax for first-time homebuyers to $4,000, but is increasing the same tax on homes that sell for over $2 million.

... More

Real Estate & Mortgage News

  11/9/2016 | Posted in Toronto Real Estate by Russell Pearsall
  SHARE

While 75 per cent of millennials intend to purchase real estate in the GTA, not enough lowrise homes are being built.

... More

Real Estate & Mortgage News

  11/7/2016 | Posted in Toronto Real Estate by Russell Pearsall
  SHARE

Some observers have suggested that domestic investors are partially responsible for driving up prices in Toronto, a housing market with a limited supply.

... More

Real Estate & Mortgage News

  11/7/2016 | Posted in Real Estate Market by Russell Pearsall
  SHARE

Over the course of two days, real-estate sales figures for the month of October suggested a continuing boom in Toronto with a correction fully underway in ... More

Real Estate & Mortgage News

  11/2/2016 | Posted in Real Estate Market by Russell Pearsall
  SHARE

In the wake of stricter federal mortgage rules intended to moderate the overworked pace of Canada’s real estate sector, Finance Minister Bill Morneau said that the ... More

Real Estate & Mortgage News

  11/1/2016 | Posted in Real Estate News by Russell Pearsall
  SHARE

Five housing markets have been identified as the ones to watch in the coming year but not all of them are listed for positive reasons.

... More

Real Estate & Mortgage News

  10/28/2016 | Posted in Industry Trends by Russell Pearsall
  SHARE

A recent report warned that the average size of Canadian homes will decrease in the next few years, even as affordability in Vancouver and Toronto won’t return to ... 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.