Jessi Sandhu - Your Brampton Real Estate Agent
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Home prices up 16% in June for largest 12-month gain on record

7/21/2021 | Posted in Canadian Housing Market by Jessi Sandhu

real-estate-market-growth-125.jpg - Real Estate News Canadian home prices increased in June to mark the largest 12-month gain on record as prices climbed in all 11 markets, says the Teranet National Bank composite price index. ... More


Housing market continues to moderate in June

7/15/2021 | 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 between May and June 2021. ... More


Canadian home price forecast revised upward to 16% as roaring spring market eases into summer

7/14/2021 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

laptop-research-453.jpg - Real Estate News Royal LePage is forecasting that the aggregate price of a home in Canada will increase 16 per cent to $771,500 in the fourth quarter of 2021, compared to the same quarter last ... More


BoC on Canadians' home purchase plans in the next 12 months

7/9/2021 | Posted in Canadian Housing Market by Jessi Sandhu

browse-homes-online-135.jpg - Real Estate News A growing number of Canadians, particularly renters, are planning to buy a home in the next 12 months amid the national economy’s steady recovery, according to a new ... More


RBC economist says immigration to serve as "safety net" to likely concerns about growing housing bubble

6/22/2021 | Posted in Canadian Housing Market by Jessi Sandhu

business-meeting-notes-105.jpg - Real Estate News The country plans to welcome more than 1.2 million newcomers over a three-year period starting in 2021. ... More


Housing market continues to moderate in May

6/15/2021 | 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 and new listings were both down between April and May 2021. ... More


No 'soft landing' coming for Canadian housing market until 2022: RBC

6/10/2021 | Posted in Canadian Housing Market by Jessi Sandhu

sold-remax-43.jpg - Real Estate News Canada's housing market has more firepower than some economists had imagined heading into 2021 and its performance through the first half of the year has Canada's biggest ... More


Bank of Canada says real estate is 'expected to moderate but remain elevated'

6/10/2021 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

market-reports-on-business-271.jpg - Real Estate News The Bank of Canada is cautiously optimistic about the country's economic recovery as vaccines continue to roll out and spending rebounds. ... More


What's happening with house price growth in Canada?

6/10/2021 | Posted in Canadian Housing Market by Jessi Sandhu

canadian-real-estate-markets-62.jpg - Real Estate News Canadian home prices are likely to grow by an average of 5% in the next half-year or so, but, surprisingly, the largest gains will not be in Toronto, nor in Vancouver, according ... More


Canada's home sales fall from record as COVID lockdowns bite

5/18/2021 | Posted in Canadian Housing Market by Jessi Sandhu

get-home-sold-real-estate-266.jpg - Real Estate News Canadian home sales fell from a record in April as a resurgence of COVID-19 cases and lockdown measures slowed the country’s red hot housing market. ... More


Canadian housing starts remained elevated in April

5/17/2021 | Posted in Canadian Housing Market by Jessi Sandhu

housing-starts--new-developments-454.jpg - Real Estate News The trend in housing starts was 279,055 units in April 2021, up from 272,164 units in March 2021, according to Canada Mortgage and Housing Corporation (CMHC). ... More


CMHC predicts what will happen to Canada house prices this year

5/8/2021 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

market-growth-103.jpg - Real Estate News Canada Mortgage and Housing Corp. says the average home price could rise by as much as 14% this year, but the pace of sales could moderate by the end of 2023 if broad immunity to ... More


Courts show little empathy for failed purchasers

5/4/2021 | Posted in Home Buyers by Jessi Sandhu

legal-real-estate-11.jpg - Real Estate News Unconditional offers are poor choices and our courts have shown little empathy for failed purchasers, repeatedly holding that vendors have no obligation to accommodate purchasers ... More


House Price Growth to Cool by End of Year: TD

5/1/2021 | Posted in Canadian Housing Market by Jessi Sandhu

business-data-reporting-274.jpg - Real Estate News TD Bank is forecasting that home prices have further to rise yet before finally starting to lose steam by the end of the year. ... More


First Time Home Buyer Incentive Program Expansion

4/27/2021 | Posted in First Time Home Buyers by Jessi Sandhu

middle-age-couple-visiting-house-263.jpg - Real Estate News Effective May 3, 2021, the Federal Government will be expanding the First Time Home Buyer Incentive program to enhance eligibility in Toronto, Vancouver and Victoria Census ... More


Canadian housing starts increased in March

4/19/2021 | Posted in Canadian Housing Market by Jessi Sandhu

housing-starts--new-developments-454.jpg - Real Estate News The trend in housing starts was 273,664 units in March 2021, up from 252,636 units in February 2021, according to Canada Mortgage and Housing Corporation (CMHC). ... More


Canadian housing market has hottest month ever

4/16/2021 | Posted in Canadian Housing Market by Jessi Sandhu

couple-outside-sold-home-268.jpg - Real Estate News The Canadian housing market hit a new record with more properties changing hands in March than any month in history, as sky-high prices lured more homeowners to try to cash in. ... More


Record home sales in March 2021, new supply increases

4/15/2021 | 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 set another all-time record in March 2021 as increased supply became available. ... More


Canadian home prices forecast to end year 13.5% higher than 2020

4/13/2021 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

real-estate-market-growth-259.jpg - Real Estate News The aggregate price of a home in Canada increased 14.1 per cent year-over-year to $749,165 in the first quarter of 2021, as strong demand continues to outpace supply in ... More


Here's how home prices compare to incomes across Canada

4/12/2021 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

housing-market-concept-image-262.jpg - Real Estate News In the pandemic-linked housing boom, average residential property values have become decoupled from average incomes over vast swathes of the country. ... More


Over one-fifth of Canadians hoping housing prices fall significantly

4/8/2021 | Posted in Home Buyers by Jessi Sandhu

couple-browsing-for-homes-444.jpg - Real Estate News One in five Canadians are hoping for a significant fall in housing prices, a sign of the mounting frustration felt by many people looking to get into the country's hot ... More


BoC's Macklem sees 'worrying' signs in housing market

3/31/2021 | Posted in Canadian Housing Market by Jessi Sandhu

bank-of-canada-governor-481.jpg - Real Estate News The Bank of Canada is seeing “worrying” signs that some Canadians are taking on too much debt to buy into the nation’s hot housing market. ... More


Three ways Ottawa could cool the housing market in the federal budget

4/5/2021 | Posted in Canadian Housing Market by Jessi Sandhu

financial-markets-report-272.jpg - Real Estate News Feds face pressure over hot housing market ahead of 2021 budget ... More


BMO warns policymakers could 'swing the hammer' on housing

3/30/2021 | Posted in Canadian Housing Market by Jessi Sandhu

real-estate-market-growth-259.jpg - Real Estate News BMO Economics isn’t ruling out the possibility of a policy response to cool rapidly overheating Canadian real estate markets. ... More


Policy interventions against market overheating needed now: RBC

3/30/2021 | Posted in Canadian Housing Market by Jessi Sandhu

housing-market-concept-image-262.jpg - Real Estate News Long-term risks to the economy are being exacerbated by outsized demand, shrinking inventory ... More


Canadian housing market sees imbalances increase in large cities and smaller centres

3/25/2021 | Posted in Canadian Housing Market by Jessi Sandhu

cmhc-news-7.jpg - Real Estate News Sustained housing price increases still outpacing the recovery in fundamental factors, such as labour income, means Canada's national housing market remains moderately ... More


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