Jessi Sandhu - Your Brampton Real Estate Agent
Canadian Housing Market News and Articles | My Blog

Housing affordability has improved but there's no quick fix, says RBC

9/29/2023 | Posted in Canada Living by Jessi Sandhu

couple-with-real-estate-agent-316.jpg - Real Estate News Millions of Canadians want to achieve their dream of homeownership, but affordability remains out of reach for many, and changing that will be a slow journey according to RBC. ... More


Canadian Home Sales Fall Back in August

9/15/2023 | 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 down on a month-over-month basis in August 2023. ... More


No end in sight to housing affordability crisis, says BMO's Guatieri

8/28/2023 | Posted in Canadian Housing Market by Jessi Sandhu

couple-browsing-for-homes-444.jpg - Real Estate News The Bank of Canada's June and July interest rate increases essentially put a stop to the housing market’s recovery, says analyst. ... More


What's next for home prices in Canada?

8/28/2023 | Posted in Canadian Housing Market by Jessi Sandhu

home-buying-financing-concept-261.jpg - Real Estate News Interest rates and borrowing costs may be surging - but Canadian home prices are continuing to rise at a rapid clip, according to new data. ... More


Real estate report: Second highest home price increase ever recorded in a single month

8/18/2023 | Posted in Real Estate Market by Jessi Sandhu

teranet-national-bank-16.jpg - Real Estate News Home prices posted the second-highest increase ever recorded in a single month after the one observed in July 2006, according to the latest Teranet-National Bank composite index. ... More


Canadian Home Sales See Little Change From June to July

8/15/2023 | 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 only slightly changed on a month-over-month basis in July 2023. ... More


The latest in mortgage news: record population growth to keep upward pressure on home prices

7/21/2023 | Posted in Canadian Housing Market by Jessi Sandhu

condo-market-46.jpg - Real Estate News Canada’s expected population growth will worsen the already limited housing supply and result in even higher home prices, according to a new report. ... More


Canadian Home Sales Showing Signs of Stabilization in June

7/14/2023 | 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 edged up slightly on a month-over-month basis in June 2023. ... More


CREA Downgrades Resale Housing Market Forecast

7/14/2023 | Posted in Canadian Housing Market by Jessi Sandhu

crea-forecast-update-97.jpg - Real Estate News The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity and average home prices via Multiple Listing Service® (MLS®) Systems of ... More


Canada's housing market recovery gains more traction

6/16/2023 | Posted in Canadian Housing Market by Jessi Sandhu

market-reports-on-business-271.jpg - Real Estate News Canada’s housing market is picking up steam. Both home resales and prices continued to rise at rapid clips in May. And odds are they will climb further in June with more ... More


Canadian home sales continue to pick up steam in May

6/15/2023 | 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 again on a month-over-month basis in May 2023. ... More


Home prices have some support despite sales slowdown

4/26/2020 | Posted in Canadian Housing Market by Jessi Sandhu

business-data-reporting-274.jpg - Real Estate News The national market can still provide some impetus for home price growth despite declining sales, according to Royal Bank of Canada Senior Economist Robert Hogue. ... More


Home prices could fall 5% amid pandemic

4/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu

home-for-sale-ontario-canada-131.jpg - Real Estate News Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by ... More


Canada braces for higher mortgage defaults

4/21/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

laptop-research-453.jpg - Real Estate News Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More


Pandemic Throws Housing Market off Course

4/16/2020 | Posted in Canadian Housing Market by Jessi Sandhu

business-meeting-notes-105.jpg - Real Estate News The outlook on the Canadian housing market: RBC ... More


Consumer confidence is suffering an unprecedented decline

4/15/2020 | Posted in Canada Living by Jessi Sandhu

worried-businessman-346.jpg - Real Estate News Nearly four-fifths of Canadians expect the economy to worsen over the next few months. ... More


Canadian home sales and listings down in March

4/15/2020 | 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 and listings were down sharply between February and March 2020. ... More


National Home Prices to Show Remarkable Resilience in 2020

4/14/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

housing-market-concept-image-262.jpg - Real Estate News According to the Royal LePage House Price Survey and Market Survey Forecast released today, the aggregate price of a home in Canada is expected to remain remarkably stable through ... More


Canadian housing starts declined in March

4/8/2020 | Posted in Canadian Housing Market by Jessi Sandhu

housing-starts--new-developments-454.jpg - Real Estate News The trend in housing starts was 204,717 units in March 2020, compared to 209,109 units in February 2020, according to Canada Mortgage and Housing Corporation (CMHC). ... More


Canadian Home Sales Brace for 30% Drop on Virus

4/2/2020 | Posted in Canadian Housing Market by Jessi Sandhu

real-estate-information-249.jpg - Real Estate News Real estate listings are drying up, open houses have been canceled, and buyers are staying home. ... More


Canada set for muted spring home-selling season as coronavirus saps sentiment

3/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu

real-estate-sign-27.jpg - Real Estate News Realtors across Canada are kicking off the busy spring selling season with the unprecedented step of cancelling open houses, moves that could contribute to slower-than-forecast ... More


Canadian consumer confidence takes unprecedented slump

3/19/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

worried-businessman-346.jpg - Real Estate News A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic. ... More


Is coronavirus about to prompt a house price crash?

3/17/2020 | Posted in Canadian Housing Market by Jessi Sandhu

finance-market-growth-127.jpg - Real Estate News RBC senior economist Robert Hogue gives his latest housing market assessment ... More


Canadian home sales up in February

3/16/2020 | 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 were up between January and February 2020. ... More


Canadian housing starts declined in February

3/9/2020 | Posted in Canadian Housing Market by Jessi Sandhu

housing-starts--new-developments-454.jpg - Real Estate News The trend in housing starts was 208,525 units in February 2020, compared to 211,153 units in January 2020, according to Canada Mortgage and Housing Corporation (CMHC). ... More


Coronavirus-driven rate cut could add kerosene to Canada's housing market

3/4/2020 | Posted in Canadian Housing Market by Jessi Sandhu

coronavirus-468.jpg - Real Estate News Lower mortgage rates likely to offset any major drag from a global outbreak ... More


CMHC says housing vulnerability moderate, Toronto and Hamilton overheating

2/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu

sold-home-for-sale-260.jpg - Real Estate News Canada’s housing market remains moderately vulnerable, while Toronto and Hamilton are seeing overheating and price acceleration, but that overvaluation seems to remain low ... More


Immigration continues to supercharge the engines of Canadian housing

2/19/2020 | Posted in Canadian Housing Market by Jessi Sandhu

home-purchase-contract-441.jpg - Real Estate News The pace of inbound immigration to Canada – cited as the fastest among the G7 nations – is driving an unprecedented housing boom. ... More


Canadian home sales down in January

2/15/2020 | 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 declined between December 2019 and January 2020. ... More


Rents in major cities spike

2/13/2020 | Posted in Rental Market by Jessi Sandhu

own-or-rent-sign-120.jpg - Real Estate News The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001. ... More


At Your Service

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and we'll get back to you promptly.

Security Question: 2 + 4 =