Jessi Sandhu - Your Brampton Real Estate Agent
Canadian Housing Market 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


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


Millennials vs. baby boomers: Why the cost of living has skyrocketed for young Canadians

6/28/2021 | Posted in Canada Living by Jessi Sandhu

home-value-increase-443.jpg - Real Estate News A look at why the hot housing market is out of reach for young Canadians ... More


Is Canada headed for a post-pandemic housing bubble?

6/23/2021 | Posted in Canadian Housing Market by Jessi Sandhu

sold-home-for-sale-260.jpg - Real Estate News Market observers are pointing to alarming trends that are stoking fears of Canada’s housing market entering a bubble in the near future. ... 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


Canada Household Net Worth Advances on Record Real-Estate Gain

6/11/2021 | Posted in Canada Living by Jessi Sandhu

market-growth-3.jpg - Real Estate News The net worth of Canadian households rose sharply in the first quarter, as the value of residential real estate accelerated by a record amount in the three-month period. ... 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


Bank of Canada warns of rising risks from household debt, and a hot housing market

5/21/2021 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

Bank-of-Canada-4.jpg - Real Estate News The Bank of Canada says its concerns are mounting that households are piling on too much debt and posing what the central bank says is a key vulnerability to the economy. ... 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


Freaked-out Canadians open to rate hikes to cool hot housing market

5/12/2021 | Posted in Home Buyers by Jessi Sandhu

worried-businessman-346.jpg - Real Estate News Canadians are so alarmed by the red-hot housing market that many say they’d like to see the central bank raise the cost of borrowing to dampen demand for real estate and ... 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


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


More supply needed to ease housing price crunch, but always more to do, Freeland says

4/23/2021 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

finance-minister-chrystia-freeland-550.jpg - Real Estate News Finance Minister Chrystia Freeland says the country needs a boost in the supply of housing to help make prices more affordable, but suggests there may be other steps governments ... More


High Home Prices a Growing Obstacle for First-Time Buyers

4/20/2021 | Posted in First Time Home Buyers by Jessi Sandhu

couple-managing-debt-449.jpg - Real Estate News The ongoing surge in home prices across the country is discouraging a large number of young non-homeowners, many of whom say they’re giving up on the dream of homeownership ... 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


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


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


CIBC CEO urges action on increasing rental housing supply

4/15/2021 | Posted in Rental Market by Jessi Sandhu

make-a-winning-offer-in-a-competitive-market-116.jpg - Real Estate News Canadian policy makers need to take steps to increase housing supply, particularly rental stock, according to the chief executive officer of Canadian Imperial Bank of Commerce. ... More


36% of young Canadian adults have given up on owning home: RBC survey

4/13/2021 | Posted in First Time Home Buyers by Jessi Sandhu

couple-managing-debt-449.jpg - Real Estate News Real estate prices in many Canadian cities have climbed to all-time highs during the pandemic, so it should come as no surprise that some Canadians appear ready to give up on ... 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


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: 5 + 4 =