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

RBC: Housing affordability has slipped to its worst in 30 years

10/8/2021 | Posted in Canada Living by Jessi Sandhu

business-report-ideas-275.jpg - Real Estate News The bank's measure of affordability has seen the gains made pre-pandemic erased with all areas affected ... More


How new immigrants could help shape the Canadian mortgage market

8/20/2021 | Posted in Mortgages and Real Estate by Jessi Sandhu

airport-transportation-467.jpg - Real Estate News Among the factors that are likely to impact the Canadian mortgage market between now and the end of the year, one of the most significant could be immigration. ... More


Canadian home sales continue to normalize in July

8/16/2021 | 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 were down between June and July 2021. ... 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


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


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


Canadian housing starts trended higher in January

2/15/2021 | Posted in Canadian Housing Market by Jessi Sandhu

housing-starts--new-developments-454.jpg - Real Estate News Starts rebounded strongly from declines in December, says CMHC's chief economist. The trend in housing starts was 244,963 units in January 2021, up from 238,747 units in ... More


Despite Challenges, Majority of Canadians Plan to Buy a Home

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

middle-age-couple-visiting-house-263.jpg - Real Estate News Despite quickly rising home prices and the uncertainty unleashed by the COVID-19 pandemic, a majority (80%) of Canadians still believe home ownership is a good investment. ... 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


2021 will remain a seller's market: experts

1/13/2021 | Posted in Canadian Housing Market by Jessi Sandhu

couple-outside-sold-home-268.jpg - Real Estate News Plus, seven trends that could impact the real estate market ... More


Despite concerns about the economy, majority of Canadians continue to believe in the strength of the housing market

1/11/2021 | Posted in Canadian Housing Market by Jessi Sandhu

handing-over-keys-to-home-buyers-124.jpg - Real Estate News Affordability and space limitations continue to impact purchase decisions as only 14% of Canadians polled would consider buying a home in a major metropolitan area. ... 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


RBC stands by its pessimistic home price predictions

12/10/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

property-prices-down-71.jpg - Real Estate News The bank is expecting home prices to fall by 8% and remain muted until well into 2023. ... More


Downtown condos are "weak spot" in Canada's housing picture: RBC

11/24/2020 | Posted in Canadian Housing Market by Jessi Sandhu

condo-market-46.jpg - Real Estate News But even with a bumpy road ahead, there are reasons to be optimistic. ... 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


Housing market slowdown looming amid economic malaise

11/9/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

real-estate-information-249.jpg - Real Estate News Optimism towards the Canadian housing sector’s prospects has been mounting, but the market should not count out the impact of the lingering economic lethargy brought about ... More


How will the Liberals' new immigration targets affect real estate activity in Canada

11/9/2020 | Posted in Canadian Housing Market by Jessi Sandhu

airport-transportation-467.jpg - Real Estate News The ambitious targets are an attempt to compensate for 2020's abysmal immigration numbers ... 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


Where are Canada's most taxed residential and commercial properties?

10/27/2020 | Posted in Real Estate News by Jessi Sandhu

financial-markets-report-272.jpg - Real Estate News Altus Group says the commercial-to-residential tax ratio threatens businesses in several markets ... More


What could a lack of elderly downsizers mean for Canada's housing market?

10/23/2020 | Posted in Canadian Housing Market by Jessi Sandhu

real-estate-328.jpg - Real Estate News Instead of downsizing, the majority of Canada's seniors are planning to live in their own homes for as long as possible ... 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


Emerging trends for Canadian real estate in 2021

10/15/2020 | Posted in Real Estate Market by Jessi Sandhu

home-buyer-search-126.jpg - Real Estate News PwC's annual report dropped on October 15 ... 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


Canada's housing market remains at moderate degree of vulnerability

9/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu

cmhc-news-7.jpg - Real Estate News The latest analysis from Canada Mortgage and Housing Corporation (CMHC) indicates that weakening housing market fundamentals and an increase in average overvaluation estimates in ... More


Major banks anticipating resumption of most mortgage payments

9/18/2020 | Posted in Mortgages and Real Estate by Jessi Sandhu

cheque-debt-bills-signature-96.jpg - Real Estate News A "vast majority" of borrowers who took on payment deferrals will be able to fulfill their balances before year-end. ... More


Tal forecasts stable housing sector, slower rental market

9/16/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

cibc-office-250.jpg - Real Estate News The next six months will be more difficult economically than the past quarter, but the Canadian housing market is expected to continue its V-shaped recovery. ... More


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