Canada Faces Real Estate ‘Grind’ + A Bank Governor Apologies — December Roundtable

As we head to the end of 2022, Urmi talks to John and Steve about top real estate stories in Canada & world right now - Canadians facing financial stress as interest rates rise and what's the outlook for 2023?

It's the December Roundtable! Urmi Desai, Move Smartly editor, once again talks to John Pasalis in Toronto (Realosophy Realty) and Steve Saretsky in Vancouver (Oakwin Realty) discussing the latest Canada and world real estate headlines and data.

We talk about the financial stress Canadians are expecting amidst rocketing mortgage interest rates, some guesses as to where the BoC would go last week, the spectre of unwise Central Bank pronouncements of the past and what we should expect to see in the new year.

Click on video above or watch on our Move Smartly YouTube channel here


About This Series

Each month, editor, Urmi Desai, talks to Steve Saretsky, Housing Analyst & Realtor at Oakwin Realty in Vancouver and John Pasalis, Housing Analyst, Broker and President, Realosophy Realty in Toronto about the latest data and on-the-ground insights in Canada's biggest residential RE markets.

Special thanks to Jessy Bains, who originated this series when he was with Yahoo Canada Finance. We are pleased to continue this important conversation at

Watch this series and more at our Move Smartly YouTube channel

Feedback or Questions? Connect with us on Twitter: @MoveSmartly, @JohnPasalis, @SteveSaretsky

Email the show at

Urmi Desai is Editor at Move Smartly, a leader in Toronto real estate news & analysis, and is Realosophy Realty's Chief Content Officer with responsibility for and all consumer education and tools.

Urmi holds a B.A. in Political Science and English from the University of Toronto and an M.A. from the Norman Paterson School of International Affairs (Trade Economics) at Carleton University (Ottawa, Canada).

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