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

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


Focus on housing supply, not the mortgage stress test, says Scotiabank CEO

2/5/2020 | Posted in Canadian Housing Market by Jessi Sandhu

single-house-new-build-framing-313.jpg - Real Estate News The chief executive of the Bank of Nova Scotia says Canada’s housing market needs more supply, not a major change to the mortgage stress test. ... More


Canadian home sales inch lower in December

1/15/2020 | 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 eased between November and December 2019. ... More


Canadian housing starts trended lower in December

1/10/2020 | Posted in Canadian Housing Market by Jessi Sandhu

housing-starts--new-developments-454.jpg - Real Estate News There was a decline in the 6-month moving trend in Canadian housing starts in December. ... More


CEO of Canada's biggest bank calls for caution as Ottawa considers adjusting mortgage stress test

1/8/2020 | Posted in Mortgages and Real Estate by Jessi Sandhu

big-6-banks-canada-317.jpg - Real Estate News Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More


Expect a seller's market this year

1/7/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

sold-home-for-sale-260.jpg - Real Estate News The lack of housing supply is expected to remain a pressing concern this year as Canada moves further to a seller's market, market watchers say. ... More


Canadian mortgage performance to remain stable in 2020

12/18/2019 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

mortgage-cloud-44.jpg - Real Estate News Canadian mortgage lenders shouldn’t worry too much about the performance of their loans in 2020 according to a new report from Fitch Ratings. ... More


Canadian home sales edge higher in November

12/16/2019 | 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 to edge higher in November 2019. ... More


Canadian housing starts were flat in November says CMHC

12/10/2019 | Posted in New Developments by Jessi Sandhu

housing-starts--new-developments-454.jpg - Real Estate News There were some slight increases but the 6-month trend was essentially unchanged ... More


Townhouses lead growth in rents

12/1/2019 | Posted in Rental Market by Jessi Sandhu

house-for-rent-87.jpg - Real Estate News The annual increase in Canadian rents was not consistent across property types. ... More


CMHC's Siddall Defends Policies, Provides Update on the FTHBI

11/22/2019 | Posted in Canadian Housing Market by Jessi Sandhu

calculator--analysis--reporting-128.jpg - Real Estate News Some fresh information on the status of the First-Time Home Buyer Incentive (FTHBI) and a possible increase on the $1M cap for insured ... More


2019 was a turning point for Canadian housing market says RBC

11/21/2019 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

market-reports-on-business-271.jpg - Real Estate News As the end of 2019 approaches, RBC Economics says the year will go down as “the turning point for Canada’s housing market.” ... More


Canadian home sales hold steady in October

11/15/2019 | 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 unchanged from September to October 2019. ... More


RBC: Canada's housing market is fairly robust despite some issues

11/7/2019 | Posted in Canadian Housing Market by Jessi Sandhu

home-for-sale-39.jpg - Real Estate News The Canadian housing market showed that it was “fairly robust” in October according to the latest market report from RBC Economics. ... More


Mortgage stress tests boosted Canada's financial stability: CMHC

11/6/2019 | Posted in Canadian Housing Market by Jessi Sandhu

home-purchase-contract-441.jpg - Real Estate News Tighter mortgage regulations are making Canada’s housing market less risky, according to the government agency responsible for its oversight. ... More


CMHC expects housing market to recover in next 2 years after declines

10/24/2019 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

sold-house-23.jpg - Real Estate News After sales, new builds declined this year and last, housing agency expects prices to exceed 2017 peak by 2020. ... More


Canadian home prices see modest gains in September

10/22/2019 | Posted in Canadian Housing Market by Jessi Sandhu

canadian-money-houses-53.jpg - Real Estate News Teranet-National Bank index shows prices slightly increased both on a monthly and annual basis. ... More


Ownership registry to help stamp out money laundering in housing

10/21/2019 | Posted in Canadian Housing Market by Jessi Sandhu

business-close-up-hand-269.jpg - Real Estate News This is the best place to start in fighting off the influence of illicit foreign money. ... More


CREA predicts stronger home sales for 2019 and 2020

10/2/2019 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

crea-forecast-update-97.jpg - Real Estate News Upward adjustments came amid a more relaxed B-20 stress test ... More


Low interest rates are the market's lifeline during tougher times

9/25/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu

mortgage-rates---interest-rates-48.jpg - Real Estate News Employment figures had a major influence on the market's dynamics. ... More


Home sales expected to rebound in 2019, 2020 but only to average

9/17/2019 | Posted in Canadian Housing Market by Jessi Sandhu

home-for-sale-39.jpg - Real Estate News Canada’s population and employment growth, coupled with an expectation of enduring low interest rates, means home sales are forecast to improve over the next year or so. ... More


Canadian home sales edge higher in August

9/16/2019 | 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 in August 2019. ... More


CMHC reports annual pace of housing starts climbed 1.9 per cent in August

9/10/2019 | Posted in Canadian Housing Market by Jessi Sandhu

cmhc-news-7.jpg - Real Estate News The pace of new housing starts in August climbed 1.9 per cent compared with July as the housing market rebounded from its recent slowdown. ... More


Soaring House Prices Could Return As Interest Rates Head To Zero: BMO

8/10/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu

couple-outside-sold-home-268.jpg - Real Estate News The recent slowdown in Canada’s hottest housing markets is turning a corner and a potential new price boom is threatening to frustrate would-be buyers’ hopes. ... More


Canada house prices to pick up from stand-still but risks aplenty

8/22/2019 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

market-reports-on-business-271.jpg - Real Estate News Canadian house prices will be flat this year, but will pick up in 2020, driven by lower mortgage rates and solid domestic economic conditions, according to economists and property ... More


Canadian home sales rise in July

8/15/2019 | 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 in July 2019 compared to June. ... More


Canadian housing starts trended higher in July

8/14/2019 | Posted in Canadian Housing Market by Jessi Sandhu

single-house-new-build-framing-313.jpg - Real Estate News The trend in housing starts was 208,970 units in July 2019, compared to 205,765 units in June 2019, according to Canada Mortgage and Housing Corporation (CMHC). ... More


Canada's Housing Market Now Well-Balanced

7/31/2019 | Posted in Canadian Housing Market by Jessi Sandhu

happy-couple-in-front-of-sold-home-123.jpg - Real Estate News Housing in Canada is in “well-balanced territory” after a government tightening of mortgage-lending rules intended to cool a market that had become overheated, Royal ... More


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