Jessi Sandhu - Your Brampton Real Estate Agent
Home Prices News and Articles | My Blog

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


Scrapping Mortgage Rules Would Boost Canadian Home Prices, TD Says

5/1/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu

business-report-ideas-275.jpg - Real Estate News The Canadian government should consider being flexible on its new mortgage lending rules because the impact has been longer-lasting and more significant than expected, ... More


Why house prices are unlikely to rise any time soon

4/11/2019 | Posted in Canadian Housing Market by Jessi Sandhu

real-estate-agent-showing-floor-plan-to-buyers-111.jpg - Real Estate News While this season usually brings a wave of interested buyers, economists wonder if we’ll see a spring thaw in the market this year. ... More


Luxury home prices "relatively resilient" despite lower sales in GTA and Greater Vancouver

5/14/2018 | Posted in Luxury Real Estate by Jessi Sandhu

make-a-winning-offer-in-a-competitive-market-116.jpg - Real Estate News Luxury home prices across Canada have remained “relatively resilient” this year so far despite lower sales in the Greater Toronto Area (GTA) and Greater Vancouver, ... More


Canada's new home prices stall for first time since 2015

2/8/2018 | Posted in Real Estate Market by Jessi Sandhu

cmhc-reports-2.jpg - Real Estate News New Canadian home prices stalled for the first time in almost three years, another signal that the boom in Toronto has been slowed by higher interest rates and tougher rules for ... More


No new regulations, drastic home price increases in 2018

1/4/2018 | Posted in Mortgages and Real Estate by Jessi Sandhu

cheerful-home-buyers-129.jpg - Real Estate News By all indications, 2017 has proven to be a tumultuous period in the mortgage and real estate spheres, but a markets observer argued that this year will offer a measure of respite ... More


Among Canada's housing markets, Toronto remains the most 'puzzling'

10/10/2017 | Posted in Real Estate Market by Jessi Sandhu

canadian-money-houses-53.jpg - Real Estate News Conventional economic factors including population, incomes and borrowing costs accounted for less than half of the 40% surge in Toronto home prices between 2010 and 2016, ... More


GTA sellers face a refresher course in economics

8/25/2017 | Posted in GTA Real Estate by Jessi Sandhu

handing-over-keys-to-home-buyers-124.jpg - Real Estate News The basic lesson: A property is worth what a buyer is willing to pay ... More


The darker side of low rates

8/22/2017 | Posted in Mortgages and Real Estate by Jessi Sandhu

marketing-analysys-104.jpg - Real Estate News Canadians have qualified for much larger mortgages over the past two decades due to record-low interest rates, and that has impacted affordability according to the Fraser ... More


The Facts Behind Toronto's Most Recent Real-Estate Frenzy

7/6/2017 | Posted in Toronto Real Estate by Jessi Sandhu

sold-remax-43.jpg - Real Estate News New statistics released by the Toronto Real Estate Board once again confirm everyone didn't just wake up to a shortage of land overnight. ... More


Realtors' internal numbers show Toronto home prices fell more than 6% in two weeks

6/21/2017 | Posted in GTA Real Estate by Jessi Sandhu

property-prices-down-71.jpg - Real Estate News Internal mid-month statistics for June from the Toronto Real Estate Board show average prices in the Greater Toronto Area shed almost 6.4 per cent in just two weeks with sales ... More


Home Prices Up a Record 2.2% in May

6/14/2017 | Posted in Real Estate Market by Jessi Sandhu

teranet-national-bank-16.jpg - Real Estate News In May, the Teranet–National Bank National Composite House Price Index™ was up 2.2% from the previous month, the largest May gain in the 19-year history of the index. ... More


Canada home prices not coming down yet thanks to low rates: Reuters poll

5/25/2017 | Posted in Real Estate Market by Jessi Sandhu

business-meeting-notes-105.jpg - Real Estate News Efforts to rein in Toronto's hot housing market and recent problems at mortgage lender Home Capital are unlikely to hurt Canada's national real estate market as low ... More


GTA REALTORS® Release Resale Housing Market Figures

4/5/2017 | Posted in GTA Real Estate by Jessi Sandhu

treb-news-8.jpg - Real Estate News Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 12,077 residential sales through TREB’s MLS® System in March ... More


Toronto house prices may jump 25% this year: Report

3/27/2017 | Posted in Toronto Real Estate by Jessi Sandhu

home-for-sale-ontario-canada-131.jpg - Real Estate News Toronto’s housing market is likely to stay strong for the rest of the year, with home prices jumping as much as 25 per cent, amid hints that speculators are fuelling demand ... More


Toronto house price surge down to speculators

3/22/2017 | Posted in Toronto Real Estate by Jessi Sandhu

sold-remax-43.jpg - Real Estate News The ever-rising home prices in Toronto are set to gather pace and require policy measures to curb speculation according to economists. ... More


$1 million GTA homes have almost doubled

3/22/2017 | Posted in GTA Real Estate by Jessi Sandhu

canadian-money-houses-53.jpg - Real Estate News In the first two months of 2017 there were 2,876 such sales, up from 1,548 in the same period of 2016, a top real estate brokerage reports. ... More


Ontario urging Ottawa to change tax rules in bid to curb real estate speculation

3/20/2017 | Posted in Real Estate News by Jessi Sandhu

real-estate-market-growth-125.jpg - Real Estate News Ontario Finance Minister Charles Sousa is urging Ottawa to address speculative investing in the country's housing markets by changing how such profits are taxed. ... More


Canadian home prices climb another 1% in biggest February increase on record as Toronto stays strong

3/14/2017 | Posted in Real Estate Market by Jessi Sandhu

teranet-national-bank-16.jpg - Real Estate News Canadian home prices rose in February as prices continued to climb in the hot Toronto market, data showed on Tuesday in a report that was unlikely to alleviate concerns from some ... More


Canada's red hot real estate heats up apartment market to heights not seen in 30 years

3/7/2017 | Posted in Real Estate Market by Jessi Sandhu

sold-house-23.jpg - Real Estate News Vacancy rates are tight across Canada as residents find themselves priced out of the housing market. ... More


Prices soar 30 per cent in this Ontario market

3/6/2017 | Posted in Ontario Real Estate by Jessi Sandhu

market-growth-103.jpg - Real Estate News The continued boom in the housing market in the Greater Toronto Area continues to push other Ontario markets higher. ... More


Government "very focused" on monitoring housing market: Finance Minister

3/6/2017 | Posted in Toronto Real Estate by Jessi Sandhu

real-estate-67.jpg - Real Estate News The government remains “very focused” on monitoring the Canadian housing market, Finance Minister Bill Morneau said. His remarks come amid rising prices in Toronto and ... More


Big banks are freaking out about Toronto real estate

3/5/2017 | Posted in Toronto Real Estate by Jessi Sandhu

toronto-vancouver-real-estate-90.jpg - Real Estate News Add Canada’s largest bank to the growing chorus of lenders worrying about unsustainable price growth in Toronto. Sparking speculation that further mortgage rule changes ... More


Single-family homes in GTA average above $1 million

2/24/2017 | Posted in GTA Real Estate by Jessi Sandhu

bild-report-83.png - Real Estate News A new record has been set in the Greater Toronto Area with the average single-family ground-oriented home now surpassing $1 million, the Building Industry and Land Development ... More


Big bank increasingly bearish

2/17/2017 | Posted in GTA Real Estate by Jessi Sandhu

sold-house-23.jpg - Real Estate News Well, this may be the first time in recent memory a big bank economist has used the feared B-word in relation to real estate. Bubble. ... More


Home Prices Up 0.5% in January

2/14/2017 | Posted in Real Estate Market by Jessi Sandhu

teranet-national-bank-16.jpg - Real Estate News In January, the Teranet–National Bank National Composite House Price Index™ was up 0.5% from the previous month, matching the largest January increases in the 18-year ... More


GO expansion could boost GTA property values

2/9/2017 | Posted in GTA Real Estate by Jessi Sandhu

go-transit-114.jpg - Real Estate News A study commissioned by the Toronto Real Estate Board considered the impact of GO’s Regional Express Rail expansion on Toronto region housing prices and affordability. ... More


Toronto's new home prices hit fresh record as housing shortage nears 'crisis levels'

1/29/2017 | Posted in Toronto Real Estate by Jessi Sandhu

home-for-sale-39.jpg - Real Estate News Supply of new low-rise homes in the city have declined so dramatically in the past decade that some projects are selling out just hours after launching, builders say. ... More


Greater Toronto Area booms with $1 million plus home sales

1/11/2017 | Posted in Toronto Real Estate by Jessi Sandhu

toronto-skyline-93.jpg - Real Estate News The $1-million club isn’t so exclusive any longer, as a record number of homes sold for at least that much in the Greater Toronto Area last year. ... More


Canadian housing prices saw the sharpest rise in 10 years

1/4/2017 | Posted in Real Estate Market by Jessi Sandhu

market-growth-103.jpg - Real Estate News Amid crucial political developments worldwide and the passage of federal measures intended to improve affordability, 2016 has proven to be a year of flux for the Canadian housing ... More


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