Jessi Sandhu - Your Brampton Real Estate Agent
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Canadian home sales rise in February despite drop in new supply

3/15/2023 | Posted in Canadian Housing Market by Jessi Sandhu

crea-news-18.jpg - Real Estate News Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up on a month-over-month basis in February 2023. ... More


Bank of Canada keeping options open but could be done on hikes: CIBC's Tal

3/9/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

cibc-office-250.jpg - Real Estate News The central bank has left its policy rate untouched for the first time in over a year ... More


The end is nigh for Canada's housing market downturn, RBC reports

3/8/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

management-meeting-data-analysis-539.jpg - Real Estate News Royal Bank of Canada (RBC) has published its report and outlook on the country’s housing market and sees the market downturn headed towards its conclusion. ... More


'Record-high number' of Canadians don't think they'll ever afford a home: survey

3/7/2023 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

laptop-research-453.jpg - Real Estate News As home prices and interest rates remain elevated, a record number of non-homeowners think they’ll never afford a house, according to a new survey. ... More


Canada's housing market to see listings fall in first quarter, before rebounding: TD

2/10/2023 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

house-keys--home-sold-122.jpg - Real Estate News A new report says Canada's housing market will see new listings fall in the first quarter before rebounding later in the year and then, slowing to a more modest growth pace in ... More


What's next for fixed mortgage rates in Canada?

2/8/2023 | Posted in Real Estate News by Jessi Sandhu

mortgage-cloud-44.jpg - Real Estate News A recent dip in GoC bond yields has provided some welcome relief – but more twists and turns could be ahead ... More


Investors made up 20-30% of home purchases during the pandemic: StatCan

2/7/2023 | Posted in Canadian Housing Market by Jessi Sandhu

home-buyer-search-126.jpg - Real Estate News Investors made up between one-fifth and one-third of home purchases in 2020, according to new data from Statistics Canada. ... More


Canadian inflation set to ease amid rapid cooling of housing market

1/30/2023 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

financial-markets-report-272.jpg - Real Estate News But the Bank of Canada has a tricky balancing act that cannot decimate real estate. ... More


Canadian home sales edge up to end 2022

1/16/2023 | Posted in Canadian Housing Market by Jessi Sandhu

crea-news-18.jpg - Real Estate News Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up on a month-over-month basis in December 2022. ... More


Home prices are falling, but likely won't fall much further thanks to housing shortage: CMHC deputy chief economist

1/14/2023 | Posted in Canadian Housing Market by Jessi Sandhu

winter-home-for-sale-112.jpg - Real Estate News Home prices in Canada likely won't drop much further due to the country's ongoing shortage of new homes, even as rising interest rates curb some demand in the market, the ... More


Canada ends 2022 with modest decline in national aggregate home price; prices remain well above pre-pandemic levels

1/13/2023 | Posted in Canadian Housing Market by Jessi Sandhu

market-reports-on-business-271.jpg - Real Estate News National aggregate home price posts single-digit year-over-year decline in Q4 over 2021; double-digit growth compared to 2020 and 2019 ... More


What to Expect From Canadian Real Estate in 2023

1/3/2023 | Posted in Mortgages and Real Estate by Jessi Sandhu

canadian-real-estate-markets-62.jpg - Real Estate News Despite a strong start to the year, real estate in 2022 was largely defined by a lack of affordability, spurred by one of the most polarizing interest rate hike cycles in Bank of ... More


Canada's two-year housing ban on foreign homebuyers takes effect

1/4/2023 | Posted in Foreign Buyers by Jessi Sandhu

contract-real-estate-mortgage-102.jpg - Real Estate News Is federal policy the answer to the country's years-old housing affordability crisis? ... More


Regulations for ban on foreign homebuyers announced, law coming into effect Jan. 1

12/22/2022 | Posted in Foreign Buyers by Jessi Sandhu

business-data-reporting-274.jpg - Real Estate News Starting in the new year, foreign commercial enterprises and people will be prohibited from purchasing residential properties in Canada for two years. ... More


A $200,000+ income is now needed to qualify for an average mortgage in Toronto & Vancouver

12/20/2022 | Posted in Home Buyers by Jessi Sandhu

couple-managing-debt-449.jpg - Real Estate News High home prices and rising interest rates over the course of 2022 have made it significantly harder for buyers to qualify for the average mortgage. ... More


Canadian home sales edge down from October to November

12/15/2022 | Posted in Canadian Housing Market by Jessi Sandhu

crea-news-18.jpg - Real Estate News Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down on a month-over-month basis in November 2022. ... More


Long-term prospects for Canadian home prices are positive

12/13/2022 | Posted in Canadian Housing Market by Jessi Sandhu

business-report-ideas-275.jpg - Real Estate News The decline in national home prices this year will not turn into a prolonged downfall like the one that happened in the early 1990s. ... More


There have never been so many renters in Canada, RBC report says

12/7/2022 | Posted in Rental Market by Jessi Sandhu

own-or-rent-sign-120.jpg - Real Estate News Royal Bank of Canada economists say the country has reached a record number of renters as the number of people renting has increased at three times the rate of homeowners in the ... More


Despite price drop, is the Canadian housing market rebounding?

11/16/2022 | Posted in Canadian Housing Market by Jessi Sandhu

couple-outside-sold-home-268.jpg - Real Estate News Sales data shows some positive signs and Scotiabank believes the market could be on course for better days ahead. ... More


Canadian home sales edge up from September to October

11/15/2022 | Posted in Canadian Housing Market by Jessi Sandhu

crea-news-18.jpg - Real Estate News Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged a little higher in October 2022. ... More


Feds reveal plan to welcome 500,000 immigrants per year by 2025

11/1/2022 | Posted in Canada Living by Jessi Sandhu

airport-immigration-493.jpg - Real Estate News The federal government is planning a massive increase in the number of immigrants entering Canada, which will have a huge effect on the real estate market. ... More


Teranet-National Bank House Price Index sees another record monthly decline in September

10/20/2022 | Posted in Canadian Housing Market by Jessi Sandhu

teranet-national-bank-16.jpg - Real Estate News In September, the seasonally adjusted composite index fell by 2.0%, matching the previous month’s record decline and representing a fifth consecutive monthly contraction. ... More


Annual pace of housing starts up in September, hitting highest level since Nov. 2021

10/18/2022 | Posted in Canadian Housing Market by Jessi Sandhu

housing-starts--new-developments-454.jpg - Real Estate News Canada Mortgage and Housing Corp. says the annual pace of housing starts in September rose to the highest level since November 2021. ... More


Canadian home sales soften again from August to September

10/14/2022 | Posted in Canadian Housing Market by Jessi Sandhu

crea-news-18.jpg - Real Estate News Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in September 2022. ... More


CMHC makes huge house price drop prediction

10/14/2022 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

cmhc-news-7.jpg - Real Estate News Canada Mortgage and Housing Corp. is predicting housing prices will continue to drop in 2023, but is warning the fall will do little for affordability. ... More


TD expects steeper home price drop in early 2023 than initial forecast

10/11/2022 | Posted in Canadian Housing Market by Jessi Sandhu

td-canada-downtown-toronto-273.jpg - Real Estate News TD Economics has revised its housing forecast to account for even steeper price declines in early 2023 and then slower growth for the remainder of the year. ... More


Housing market correcting, not crashing: RBC economist

10/7/2022 | Posted in Canadian Housing Market by Jessi Sandhu

calculator--analysis--reporting-128.jpg - Real Estate News While home prices across Canada are projected to fall further into the early part of next year, the housing market is in the midst of a correction rather than a crash, according ... More


Nearly 1 in 5 Canadians putting off buying a home due to inflation, high interest rates: survey

10/4/2022 | Posted in Home Buyers by Jessi Sandhu

business-data-reporting-274.jpg - Real Estate News With high inflation and rising interest rates, a new survey has found nearly one in five Canadians say they're putting off buying a home. ... More


Canada cuts home price outlook

9/30/2022 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

cmhc-news-7.jpg - Real Estate News Canada’s national housing agency plans to revamp its forecasts to call for a drop of as much as 15% in home prices, as higher mortgage rates threaten to cause a protracted ... More


Foreign buyers' ban proposals: private lending association reacts

9/29/2022 | Posted in Foreign Buyers by Jessi Sandhu

make-a-winning-offer-in-a-competitive-market-116.jpg - Real Estate News Proposals by the federal government to restrict foreign access to the Canadian housing market run the risk of complicating mortgage financing while not adequately addressing the ... More


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