Jessi Sandhu - Your Brampton Real Estate Agent
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Canadians more likely to be homeowners, have a mortgage

8/9/2019 | Posted in Canadian Housing Market by Jessi Sandhu

happy-couple-in-front-of-sold-home-123.jpg - Real Estate News Homeownership rates are higher now than they were two decades ago according to a new analysis from Statistics Canada. ... More


Investment in multifamily construction reaches new heights

6/24/2019 | Posted in Canadian Housing Market by Jessi Sandhu

new-construction-w-supervisors-285.jpg - Real Estate News The residential construction sector led the gains for overall Canadian construction investment in April, the latest month of figures released by Statistics Canada. ... 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


Multifamily building permits hit a record high in December

2/11/2019 | Posted in Commercial Real Estate by Jessi Sandhu

property-search-ontario-133.jpg - Real Estate News The total value of building permits issued by Canadian municipalities was up 6% (month-over-month) in December to $8.8 billion, with multifamily and commercial intentions taking ... More


Canadian retail will be a great investment destination in 2019

11/28/2018 | Posted in Commercial Real Estate by Jessi Sandhu

retail-shopping-319.jpg - Real Estate News Canadian commercial property sales activity will remain robust over the near term, against a backdrop of positive overall sector performance. ... More


Multifamily sector leads investment in construction

11/26/2018 | Posted in Real Estate Investments by Jessi Sandhu

new-construction-w-supervisors-285.jpg - Real Estate News Investment in Canada’s building construction edged 0.3% higher in September compared to the previous month. ... More


Mortgage growth slowed in Q2 says StatsCan

9/13/2018 | Posted in Real Estate News by Jessi Sandhu

mortgage-button-248.jpg - Real Estate News Canada’s mortgage industry saw slowing growth in the second quarter of 2018 as stress tests and rising interest rates made an impact. ... More


Canada building permits fall in June on weak residential sector

8/8/2018 | Posted in Canadian Housing Market by Jessi Sandhu

new-construction-w-supervisors-285.jpg - Real Estate News The value of Canadian building permits unexpectedly dropped by 2.3 percent in June from May on weakness in the residential sector, Statistics Canada data indicated on Wednesday. ... More


Majority of Canadians blame foreigners for price spikes

7/4/2018 | Posted in Foreign Buyers by Jessi Sandhu

real-estate-market-growth-125.jpg - Real Estate News Foreign ownership, speculation perceived to be the most influential factors according to a recent report by CMHC. ... More


Mortgage borrowing slides to lowest since 2014

6/14/2018 | Posted in Mortgages and Real Estate by Jessi Sandhu

home-buying-financing-concept-261.jpg - Real Estate News Mortgage borrowing fell $2 billion to $13.7 billion in the first quarter of this year, the lowest level since the second quarter of 2014 according to Statistics Canada ... More


Non-residential permits up 4.5%

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

market-reports-on-business-271.jpg - Real Estate News The value of permits issued for non-residential structures was $3.0 billion in March, up 4.5% from February (which had posted a 6.4% decline) according to Statistics Canada. ... More


Mortgage interest costs see biggest growth since 2009

4/27/2018 | Posted in Mortgages and Real Estate by Jessi Sandhu

home-buying-financing-concept-261.jpg - Real Estate News Latest data from Statistics Canada showed that mortgage interest costs increased by 2.8% in March, representing the biggest rise since April 2009. ... More


Canadian non-residential construction up 3% in Q1

4/20/2018 | Posted in Commercial Real Estate by Jessi Sandhu

commercial-real-estate-industrial-warehouse-231.jpg - Real Estate News First quarter investment in non-residential construction gained 3.1% compared to the previous quarter, Statistics Canada reported Thursday. ... More


Home values boost Canadian family net worth

12/8/2017 | Posted in Financial Health by Jessi Sandhu

property-value-108.jpg - Real Estate News Canadian families increased their net worth by 14.7% in the four years from 2012-2016 according to new data from Statistics Canada. ... More


Largest Cohort of Millennials Changing Canadian Real Estate, Despite Constraints of Affordability and Mortgage Regulation

8/17/2017 | Posted in Real Estate Market by Jessi Sandhu

couple-laptop-106.jpg - Real Estate News 'Peak Millennials' (aged 25 to 30) to create strong wave of demandNational survey shows while the peak millennial dream to own property is very strong, ... More


Canadian household debt hits another record in fourth quarter

3/15/2017 | Posted in Financial Health by Jessi Sandhu

household-debt-canada-89.jpg - Real Estate News The amount Canadians owe compared with how much they earn hit another record high last year. Statistics Canada said the amount of household ... More


Statistics Canada releases new housing price index

9/8/2016 | Posted in Real Estate News by Jessi Sandhu

statistics-canada-80.jpg - Real Estate News Statistics Canada says its new housing price index rose 0.4 per cent in July compared with June. ... More


Household debt eases but mortgages remain strong

6/15/2016 | Posted in Home Owners by Jessi Sandhu

statistics-canada-80.jpg - Real Estate News Canadians owe $1.65 for each dollar of disposable income according to Statistics Canada with an increase in debt levels driven by mortgage borrowing. ... More


New home prices up by 0.2 per cent in February

4/18/2016 | Posted in Real Estate Market by Jessi Sandhu

new-housing-price-index-61.jpg - Real Estate News February 2016 saw the prices of new homes in Canada grow by 0.2 per cent on a month-by-month basis, according to the latest report by Statistics Canada. ... More


Canada growth jumps in January, dimming chances of rate cut

3/31/2016 | Posted in Mortgage Interest Rates by Jessi Sandhu

statistics-canada-80.jpg - Real Estate News Canada's economy grew by a much larger-than-expected 0.6 percent in January, Statistics Canada data indicated on Thursday, reducing the odds that the Bank of Canada will need ... More


Mortgage debt behind rise in household debt

3/15/2016 | Posted in Home Owners by Jessi Sandhu

mortgage-cloud-44.jpg - Real Estate News Canadian’s household debt continued its upward trajectory in the fourth quarter of 2015. The latest data from Statistics Canada shows that average debt rose by 1.5 per cent ... More


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