Jessi Sandhu - Your Brampton Real Estate Agent
Economic Growth News and Articles | My Blog

Bank of Canada makes interest rate decision

3/9/2024 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

bank-of-canada-84.jpg - Real Estate News The Bank of Canada elected to hold interest rates steady at 5 per cent. ... More


2024 rate-cut forecasts being revised following today's mixed-bag jobs report

2/9/2024 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

statistics-canada-80.jpg - Real Estate News Today's employment report for January, in which the unemployment rate ticked down, has caused bond markets and economist to further reel-in their rate-cut forecasts for the ... More


Bank of Canada's rate-cut timing uncertain as economic growth beats expectations

1/31/2024 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

statistics-canada-80.jpg - Real Estate News Canada’s economy outperformed growth expectations to end the year, which means the Bank of Canada could feel less pressure to start cutting rates in the near term, ... More


Interest rate cuts, return to growth on economic horizon, Deloitte says

1/4/2024 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

Bank-of-Canada-4.jpg - Real Estate News The Canadian economy will return to growth in the second half of 2024, with interest rate cuts as early as this spring, according to a new forecast by Deloitte Canada. ... More


Bank of Canada's Macklem says 'too early' to consider rate cuts

12/15/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

bank-of-canada-governor-481.jpg - Real Estate News The Bank of Canada’s top official said policymakers will consider cutting interest rates when inflation is “clearly” on a path to the two per cent target, but ... More


No more rate hikes expected as unemployment rate rises to 21-month high

11/3/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

business-data-reporting-274.jpg - Real Estate News Canada’s unemployment rate ticked up two basis points to 5.7% in October, suggesting the Bank of Canada can now remain “firmly on the sidelines,” economists ... More


Bank of Canada delivers rate hold, but maintains hawkish bias

10/25/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

bank-of-canada-84.jpg - Real Estate News The Bank of Canada delivered its second straight rate hold today, but signalled that it remains concerned about inflationary risks and price pressures. ... More


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


At Your Service

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and 'll get back to you promptly.