Jessi Sandhu - Your Brampton Real Estate Agent
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Economists see Bank of Canada holding on rates after surprise GDP contraction

9/1/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

statistics-canada-80.jpg - Real Estate News Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada's rate hiking campaign may be coming to an end. ... More


Bank of Canada says coronavirus to trigger biggest slump ever, drops forecasts

4/15/2020 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

bank-of-canada-84.jpg - Real Estate News The Bank of Canada on Wednesday said the coronavirus outbreak was set to trigger the biggest ever near-term Canadian downturn but suspended its regular economic forecasts, citing ... More


Bank of Canada: Key interest rate cut to lowest level

3/27/2020 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Bank-of-Canada-4.jpg - Real Estate News The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement. ... 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


Bank of Canada slashes policy rate to 0.75 per cent in surprise cut

3/13/2020 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

bank-of-canada-84.jpg - Real Estate News The Bank of Canada cut its trend-setting interest rate by half a percentage point to 0.75 per cent from 1.25 per cent in a surprise move on Friday aimed at softening the economic ... More


Bank of Canada Holds Rates, Shows Less Confidence in Outlook

1/22/2020 | Posted in Mortgages and Real Estate by Jessi Sandhu

mortgage-cloud-44.jpg - Real Estate News The Bank of Canada held interest rates steady but expressed heightened concern about a slowing economy. ... More


No recession in 2020 says Conference Board of Canada

12/18/2019 | Posted in Canada Living by Jessi Sandhu

finance-market-growth-127.jpg - Real Estate News There will be growth for the Canadian economy in the next two years as the country avoids recession. ... More


Christies International chief expects global downturn in 2021

11/25/2019 | Posted in Global Real Estate Markets by Jessi Sandhu

business-data-reporting-274.jpg - Real Estate News A global recession would bring challenges for the global real estate market but it is unlikely next year according to one major firm’s leader. ... More


Real estate will thrive in cities that adapt to new economic models

9/23/2019 | Posted in Commercial Real Estate by Jessi Sandhu

business-report-ideas-275.jpg - Real Estate News The cities where commercial real estate will thrive will be those that can adapt to the emerging demands of corporates and investors according to a new report. ... More


Bank of Canada reveals latest interest rate decision

9/4/2019 | Posted in Interest Rates by Jessi Sandhu

bank-of-canada-84.jpg - Real Estate News The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy. ... More


5 ways the U.S. Fed's rate cut affects Canadians

8/2/2019 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

us--canada-121.jpg - Real Estate News Here’s a look at how lower rates south of the border could ripple through our country, according to five experts. ... More


Inflation surges to highest in seven years, giving Bank of Canada room to hold rates

6/20/2019 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

finance-market-growth-127.jpg - Real Estate News Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold interest ... More


IMF urges Canada not to change policy despite calls to ease mortgage stress test

5/22/2019 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

sold-home-for-sale-260.jpg - Real Estate News Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More


Poloz expects rates to rise 'a bit' but unsure on timing

5/21/2019 | Posted in Interest Rates by Jessi Sandhu

stephen-poloz-bank-of-canada-45.jpg - Real Estate News Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t know ... More


Latest stats make interest rate hikes highly unlikely in 2019

5/1/2019 | Posted in Interest Rates by Jessi Sandhu

finance-market-growth-127.jpg - Real Estate News The latest reading of Canada’s economy brings both good and bad news for the housing market. ... More


First growth for construction sector in 8 months, best since 2013

4/1/2019 | Posted in Real Estate Market by Jessi Sandhu

finance-market-growth-127.jpg - Real Estate News The start of 2019 saw an uptick for Canada’s construction sector as both residential and non-residential posted gains; and a stronger showing for real estate brokerages. ... More


4 Alarming Records

3/12/2019 | Posted in Canadian Housing Market by Jessi Sandhu

market-reports-on-business-271.jpg - Real Estate News Here are four record-breaking phenomena that suggest we have reached a real turning point in Canadian real estate. ... More


Canadian Housing Market This Bad Normally Means Recession: BMO

3/10/2019 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

real-estate-market-growth-125.jpg - Real Estate News Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says. ... More


Toronto: Canada's tech hub is literally booming

3/7/2019 | Posted in Toronto News by Jessi Sandhu

toronto-aerial-view-384.jpg - Real Estate News Toronto has broken into North America’s top-five cities for tech talent as the city undergoes an economic boom. ... More


Bank of Canada maintains overnight rate target at 1.75%

3/6/2019 | Posted in Interest Rates by Jessi Sandhu

bank-of-canada-84.jpg - Real Estate News The Bank of Canada (BoC) is keeping its key interest rate target on hold at 1.75 per cent on Wednesday, citing concerns about the global economy and Canada’s own recent ... More


Bank of Canada to cut rates before the end of 2019

2/28/2019 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

financial-markets-report-272.jpg - Real Estate News Capital Economics predicts that The Bank of Canada will cut its key lending rate in December as a weakening housing market and oil sector headwinds drag GDP growth back below ... More


Interest rates low enough to stimulate economy: BoC

2/22/2019 | Posted in Interest Rates by Jessi Sandhu

stephen-poloz-bank-of-canada-45.jpg - Real Estate News Stephen Poloz says the upward path for interest rates is 'uncertain'. ... More


Toronto recognized among world's leading tech cities

2/20/2019 | Posted in Toronto News by Jessi Sandhu

toronto-skyline-93.jpg - Real Estate News Savills ranks Toronto among the world's leading tech cities, acknowledging the access to a deep talent pool and the city’s reputation as a global centre. ... More


Economists renew prediction for lower interest rates for Canada in 2019

1/5/2019 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

financial-markets-report-272.jpg - Real Estate News Ahead of the Bank of Canada’s first policy meeting of the year, scheduled for next week, Capital Economics is back at it again. ... More


High debt levels, rising interest rates among challenges for 2019

12/19/2018 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

calculator--analysis--reporting-128.jpg - Real Estate News Canada’s economy will slow down in 2019 with consumer spending impacted by weaker employment, cooling house prices, high levels of debt, and rising interest rates. ... More


CIBC economists question BoC's view of housing market

12/18/2018 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

cibc-office-250.jpg - Real Estate News The slowdown in Canada’s housing market is likely to weigh on the economy according to a new report from CIBC Economics. ... More


Rate rises may be reshaped by oil production cuts says CIBC

12/4/2018 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

cibc-office-250.jpg - Real Estate News The Bank of Canada will announce its December interest rates decision Wednesday and few are expecting a Grinch-like pre-Christmas shock. ... More


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