Jessi Sandhu - Your Brampton Real Estate Agent
Canadian Housing Market News and Articles | My Blog
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Ontario's pace of new home construction slows to 2018 levels

5/22/2024 | Posted in Canadian Housing Market by Jessi Sandhu

Interest rates for builders and buyers playing into slowdown, putting dozens of housing projects on pause.

... More


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Teranet-National Bank composite house price index held steady in April

5/21/2024 | Posted in Canadian Housing Market by Jessi Sandhu

The Teranet-National Bank composite house price index which tracks home prices in 11 of Canada's largest cities remained stable from March to April.

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Home Buyers Remain Cautious Amid Increasing Spring Listings

5/15/2024 | Posted in Canadian Housing Market by Jessi Sandhu

Canadian home sales dipped in April 2024 when compared to March, even as the number of properties available for sale rose to kick off the spring market.

... More


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Housing starts down seven per cent in March from February: CMHC

4/16/2024 | Posted in Canadian Housing Market by Jessi Sandhu

Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.

... More


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Hints of Active Spring Market in March Housing Data

4/12/2024 | Posted in Canadian Housing Market by Jessi Sandhu

While there are expectations the Canadian housing market will pick up on some level this year, home sales and prices were mostly unchanged on a month-over-month basis in March ... More


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Home prices could hit peak levels by next year, set new highs in 2026: CMHC report

4/5/2024 | Posted in Canadian Housing Market by Jessi Sandhu

The Canada Mortgage and Housing Corp. is forecasting home prices could match peak levels seen in early 2022 by next year and reach new highs by 2026.

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Canada homebuilding down for third year, housing agency predicts

4/4/2024 | Posted in Canadian Housing Market by Jessi Sandhu

Canadian homebuilders are expected to dial back new construction for a third straight year in 2024 as elevated borrowing costs reduce the appeal of starting projects, ... More


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Housing starts increase in February

3/18/2024 | Posted in Canadian Housing Market by Jessi Sandhu

Canada Mortgage and Housing Corporation (CMHC) has reported an increase in the pace of home construction across the country.

... More


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Canadian Home Prices See Sudden End to Declines in Advance of Spring Market

3/18/2024 | Posted in Canadian Housing Market by Jessi Sandhu

Canadian home prices as measured by the seasonally adjusted Aggregate Composite MLS® Home Price Index (HPI) were flat on a month-over-month basis in February 2024, ending a ... More


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How much does $1 million buy you in Canada's housing market?

2/22/2024 | Posted in Canadian Housing Market by Jessi Sandhu

The purchasing power of buyers with a $1 million budget searching for a home in Canada will widely vary depending on the city they are shopping in with those in Toronto getting ... More


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Canadian Home Sales Showing Signs of Recovery

2/14/2024 | Posted in Canadian Housing Market by Jessi Sandhu

Following a weak second half of 2023, home sales over the last two months are showing signs of recovery, according to the latest data from the Canadian Real Estate Association ... More


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Canada's housing market to stabilize, but don't expect return to "rollicking" price gains, BMO says

1/29/2024 | Posted in Canadian Housing Market by Jessi Sandhu

Stability is expected to return to the country’s housing market this year as interest rates ease, but homeowners shouldn’t expect a return to the ... More


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Canadian Home Sales See Unexpected Surge to Close Out 2023

1/15/2024 | Posted in Canadian Housing Market by Jessi Sandhu

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up noticeably on a month-over-month basis in December 2023.

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National home prices close out 2023 above prior year, despite continued slowdown in market activity

1/15/2024 | Posted in Canadian Housing Market by Jessi Sandhu

Royal LePage expects sidelined buyers to re-engage this quarter ahead of expected rate cuts by the Bank of Canada,

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'A buyers' market with no buyers': CIBC economist on housing market

12/13/2023 | Posted in Canadian Housing Market by Jessi Sandhu

Some home sellers are struggling to find buyers amid high mortgage costs, according to an economist who says Canada’s housing market is in the midst of “a very ... More


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Home prices will return to pandemic peak by end of 2024: report

12/14/2023 | Posted in Canadian Housing Market by Jessi Sandhu

Home prices across Canada are expected to climb next year with expected Bank of Canada rate cuts poised to reinvigorate the housing market, according to a new report.

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Canadian Home Sellers Joining Buyers on the Sidelines

12/15/2023 | Posted in Canadian Housing Market by Jessi Sandhu

The latest statistics released by the Canadian Real Estate Association (CREA) show national home sales were little changed on a month-over-month basis in November 2023.

... More


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Canadian Home Sales See Downward Trend Continue in October

11/15/2023 | Posted in Canadian Housing Market by Jessi Sandhu

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined on a month-over-month basis in October 2023.

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Home resales fall by 1.9 per cent across Canada, new listings on the rise: RBC

10/17/2023 | Posted in Canadian Housing Market by Jessi Sandhu

Home resales fell by 1.9 per cent across Canada in September, the third month in a row that resale rates have dropped, according to a new report by RBC.

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Canadian Home Sales Ease Again in September

10/13/2023 | Posted in Canadian Housing Market by Jessi Sandhu

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down on a month-over-month basis in September 2023.

... More


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