Jessi Sandhu - Your Brampton Real Estate Agent
Housing Affordability 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


Top Risks and Trends in Canada's Mortgage Market

9/15/2021 | Posted in Mortgages and Real Estate by Jessi Sandhu

marketing-analysys-104.jpg - Real Estate News From rising inflation and falling consumer confidence to changing real estate preferences, Canada’s mortgage market could be impacted on multiple fronts. ... More


Here are 5 ways the feds could fix Canada's housing crisis

9/8/2021 | Posted in Canadian Housing Market by Jessi Sandhu

real-estate-information-249.jpg - Real Estate News Every major party platform offers proposals for reining in what has become a nationwide affordability crisis. ... More


What the parties are promising for homebuyers

8/23/2021 | Posted in First Time Home Buyers by Jessi Sandhu

home-buyer-search-126.jpg - Real Estate News Politicians are zeroing in on ways that just might make the dream of owning a home that much easier. ... More


Housing affordability shaping up to be a top issue in the 2021 federal election: Nanos

8/20/2021 | Posted in Canadian Housing Market by Jessi Sandhu

canada-elections-439.jpg - Real Estate News As party leaders close out their first week of campaigning, it is no surprise that affordable housing has become a top issue in the 2021 federal election. ... 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


Five ways to ease the pain of Toronto housing affordability crisis

5/17/2021 | Posted in Toronto Real Estate by Jessi Sandhu

condos-cn-tower-20.jpg - Real Estate News First-time homebuyers are getting more anxious about the market. ... More


NDP Promises New Foreign Buyers Tax

5/14/2021 | Posted in Home Buyers by Jessi Sandhu

calculator--analysis--reporting-128.jpg - Real Estate News An NDP government would implement a 20% levy on home purchases made by non-residents. ... 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


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


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


Here's how home prices compare to incomes across Canada

4/12/2021 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

housing-market-concept-image-262.jpg - Real Estate News In the pandemic-linked housing boom, average residential property values have become decoupled from average incomes over vast swathes of the country. ... More


Policy interventions against market overheating needed now: RBC

3/30/2021 | Posted in Canadian Housing Market by Jessi Sandhu

housing-market-concept-image-262.jpg - Real Estate News Long-term risks to the economy are being exacerbated by outsized demand, shrinking inventory ... More


RBC wants to cool Canada's housing market

3/25/2021 | Posted in Canadian Housing Market by Jessi Sandhu

sold-remax-43.jpg - Real Estate News The Canadian housing market is “overheating” and policy makers need to take steps to cool it down, according to an economist at Royal Bank of Canada, the ... More


More Canadians than ever before are expecting higher home prices: Nanos

3/22/2021 | Posted in Real Estate Market by Jessi Sandhu

canadian-real-estate-markets-62.jpg - Real Estate News A record share of Canadians expect home prices will continue hitting new highs, an exuberance that adds to concern the housing market is entering a speculative bubble. ... More


Toronto real estate trends point to pandemic's unequal impact: CMHC

2/28/2021 | Posted in Toronto Real Estate by Jessi Sandhu

sold-home-for-sale-260.jpg - Real Estate News Demand for expensive homes in Toronto real estate is the result of the pandemic's economic impact ... More


The World's Least Affordable Cities to Buy a Home

2/20/2021 | Posted in Global Real Estate Markets by Jessi Sandhu

real-estate-information-249.jpg - Real Estate News Two Canadian cities made the Top 10 list, while Hong Kong ranks as the least affordable city for the 10th consecutive year. ... More


"Saving For A Down Payment Has Never Been Worse", Says National Bank Of Canada

2/4/2021 | Posted in Home Buyers by Jessi Sandhu

couple-managing-debt-449.jpg - Real Estate News Got 34 years to save up for a house? The threshold every buyer has to meet to own a home ― the minimum down payment ― has reached Canada’s highest level on ... More


New Data Has Just Revealed That These 16 Canadian Cities Are "Unaffordable"

1/27/2021 | Posted in Canada Living by Jessi Sandhu

business-data-reporting-274.jpg - Real Estate News There are also 10 cities that have been deemed the most affordable. ... More


National foreign buyer tax may have unintended consequences: Experts

12/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu

laptop-research-453.jpg - Real Estate News When the Liberal government proposed the foreign homebuyer tax in its fiscal update last month as part of a plan to lower home prices, it drew skepticism from observers who say ... More


Canada cannot tax its way to housing affordability

8/18/2020 | Posted in Canada Living by Jessi Sandhu

business-data-reporting-274.jpg - Real Estate News "A home equity tax would be unfair and hurtful to Canadians during the best of times, but at this very moment – during a global pandemic – it is reckless", ... 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


Home ownership 'impossible' in Toronto, Vancouver: RBC

6/28/2019 | Posted in Canadian Housing Market by Jessi Sandhu

business-report-ideas-275.jpg - Real Estate News Affordability may be improving but home ownership in Toronto and Vancouver is still an “impossible obstacle” for most potential buyers, Royal Bank of Canada warns. ... More


Regulator defends mortgage stress test in face of pushback from industry

6/11/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu

mortgage-rates---interest-rates-48.jpg - Real Estate News Canada’s top federal banking regulator says a stress-test for uninsured mortgages is “working,” but that it is still keeping an eye on lending practices. ... More


Where to buy real estate in 2019: The Best Deals in Metro Toronto

6/6/2019 | Posted in Toronto Real Estate by Jessi Sandhu

real-estate-information-249.jpg - Real Estate News Due to strong economic fundamentals Toronto’s housing market remains expensive. That’s one reason why this year’s list is dominated by neighbourhoods once ... More


Canadian House Price Forecast

6/4/2019 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

market-reports-on-business-271.jpg - Real Estate News  What The Next 5 Years Will Look Like In 33 Canadian Cities ... More


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