Jessi Sandhu - Your Brampton Real Estate Agent
Canadian Home Sales News and Articles | My Blog

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


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


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


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


Housing market moderates in April compared to March

5/17/2021 | 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 from March to April 2021. ... 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


New housing measures risk "unintended consequences": TD

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

home-value-increase-443.jpg - Real Estate News In a report to clients Thursday, TD Senior Vice-President and Chief Economist Beata Caranci said that ultimately, rock-bottom interest rates are to blame and warned against any ... 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


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


Canadian recreational house prices forecast to increase 15% in 2021

3/23/2021 | Posted in Canadian Housing Market by Jessi Sandhu

real-estate-market-growth-125.jpg - Real Estate News The aggregate price of a house in Canada's recreational regions is forecast to increase 15 per cent in 2021 to $502,730, as demand continues to rapidly outpace ... More


BMO describes Canadian 'boiling' real estate market as 'The Wild North'

3/18/2021 | Posted in Canadian Housing Market by Jessi Sandhu

market-growth-103.jpg - Real Estate News Our national real estate market is now in full-on boiling mode, according to a major Canadian bank. ... More


Canadian home price growth accelerates again after 3 months of slowing: Teranet

3/18/2021 | Posted in Canadian Housing Market by Jessi Sandhu

home-purchase-contract-441.jpg - Real Estate News While home prices continued to increase between November and January, their rate of growth was declining on a monthly basis. That changed in February as monthly home price ... More


Rising mortgage rates yet to put a dent in exuberant housing market as policymakers take note

3/16/2021 | Posted in Mortgages and Real Estate by Jessi Sandhu

home-value-increase-443.jpg - Real Estate News If home prices continue shooting up, even in spite of rising rates, some economists say it may force policy action ... More


Record home sales expected this year, CREA says amid February increase

3/15/2021 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

get-home-sold-real-estate-266.jpg - Real Estate News The national average home price is forecast to rise by 16.5 per cent to just over $665,000 in 2021. The Canadian Real Estate Association said its outlook suggests home sales will ... More


Canadian housing markets set records again in February

3/15/2021 | 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 February 2021. ... More


Bank of Canada warns buyers of 'early signs' of overheating in housing market

2/24/2021 | Posted in Canadian Housing Market by Jessi Sandhu

get-home-sold-real-estate-266.jpg - Real Estate News Canada's top central banker said Tuesday that the economy would continue to need monetary stimulus, likely until 2023, even though there are already signs it could be ... More


Canadian housing markets set records again in January

2/16/2021 | 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 January 2021. ... More


Record December caps record year for Canadian home sales

1/15/2021 | 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 December 2020. ... More


Canada's housing market headed for soft landing by 2022: RBC

1/14/2021 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

business-data-reporting-274.jpg - Real Estate News Canada’s housing market may be heading for a soft landing at the end of the year after what could be a record-breaking 2021, a new report by RBC Economics said. ... More


Canadian home sales remain historically strong in November

12/16/2020 | 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 continued running at historically strong levels in November 2020. ... More


Canadian home prices forecast to rise in 2021

12/14/2020 | Posted in GTA Real Estate by Jessi Sandhu

real-estate-market-growth-259.jpg - Real Estate News 2021 Predictions: Aggregate price of a home in the Greater Toronto Area forecast to rise 5.75% according to a recent report by Royal LePage. ... More


Home sales in Canada drop for the first time since April in sign of cooling

11/18/2020 | Posted in Canadian Housing Market by Jessi Sandhu

housing-market-concept-image-262.jpg - Real Estate News Benchmark prices rose 1 per cent from a month earlier, bringing the gain since April to 7 per cent ... More


Canadian home sales remain historically strong in October

11/16/2020 | Posted in Canadian Housing Market by Jessi Sandhu

crea-news-18.jpg - Real Estate News National home sales continued running at historically strong levels in October 2020 ... More


Canada's House Prices Are Soaring Because Reality Doesn't Matter Anymore To Things Like That

11/1/2020 | Posted in Canadian Housing Market by Jessi Sandhu

real-estate-market-growth-259.jpg - Real Estate News Many people have been scratching their heads lately trying to understand how it is that Canada’s average house price jumped more than 17 per cent during the worst economic ... More


Canada's housing market has fully recovered from pandemic shock: RBC

10/29/2020 | Posted in Canadian Housing Market by Jessi Sandhu

mortgage-rates---interest-rates-48.jpg - Real Estate News After what RBC Senior Economist Robert Hogue calls a "spectacular rally," the market has fully recovered and then some. What comes next, however, is still shrouded in ... More


Moody's: Home prices to drop by as much as 7% early next year

10/15/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

business-data-reporting-274.jpg - Real Estate News Canadian home prices will fall by 7% in early 2021 before steadily recovering through the rest of the year, according to a new forecast by Moody’s Analytics. ... More


Is the CMHC's forecast of a major price drop this year still relevant?

10/22/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

worried-businessman-346.jpg - Real Estate News Some economists polled by Finder expressed scepticism towards the Crown corporation's market outlook ... More


Canadian home sales and prices set records again in September

10/15/2020 | 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 record in September 2020. ... More


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