Jessi Sandhu - Your Brampton Real Estate Agent
New Homes News and Articles | My Blog

New legislation includes 10-day 'cooling-off' period for new home purchases

5/30/2024 | Posted in Government and Regulation by Jessi Sandhu

ontario-government-146.jpg - Real Estate News The Ontario government has introduced legislation that includes a new 10-day cooling-off period for purchases of new freehold homes. ... More


Ontario's pace of new home construction slows to 2018 levels

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

housing-starts--new-developments-454.jpg - Real Estate News Interest rates for builders and buyers playing into slowdown, putting dozens of housing projects on pause. ... More


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

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

housing-starts--new-developments-454.jpg - Real Estate News Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February. ... More


Ottawa to allow 30-year amortization for first-time buyers' mortgages on new homes

4/11/2024 | Posted in Government and Regulation by Jessi Sandhu

home-buying-financing-concept-261.jpg - Real Estate News Some advocates are praising Ottawa’s move to lengthen the amortization period on insured mortgages for certain homebuyers, but say expanding the policy to all Canadians ... More


Canada homebuilding down for third year, housing agency predicts

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

new-construction-w-supervisors-285.jpg - Real Estate News 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, Canada's ... More


Trudeau offers billions to boost homebuilding - with strings attached

4/2/2024 | Posted in Government and Regulation by Jessi Sandhu

single-house-new-build-framing-313.jpg - Real Estate News Prime Minister Justin Trudeau is pressuring Canada’s provinces to remove barriers to building more housing, including requiring them to freeze municipal development charges ... More


Housing starts increase in February

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

housing-starts--new-developments-454.jpg - Real Estate News Canada Mortgage and Housing Corporation (CMHC) has reported an increase in the pace of home construction across the country. ... More


Canada witnesses decline in home construction rates, falling below pandemic-era numbers: report

10/6/2023 | Posted in Canadian Housing Market by Jessi Sandhu

single-house-new-build-framing-313.jpg - Real Estate News A recent report from the Canadian Centre for Policy Alternative(opens in a new tab) shows that new housing construction is at a lower level today than it was at the worst point of ... More


GTA new home sales activity hovers near-record lows

9/22/2023 | Posted in New Developments by Jessi Sandhu

single-house-new-build-framing-313.jpg - Real Estate News August activity at more than 60% below the region's 10-year average sales level ... More


1 in 5 homebuilders are nixing projects amid high rates. Here are your rights

8/18/2023 | Posted in New Developments by Jessi Sandhu

new-construction-w-supervisors-285.jpg - Real Estate News Many Canadian homebuyers waiting patiently for construction to finish on their pre-sale unit are being met with cancellation notices from developers. The building environment is ... More


Canadian housing starts unchanged in January

2/10/2020 | Posted in Canadian Housing Market by Jessi Sandhu

housing-starts--new-developments-454.jpg - Real Estate News The national trend in housing starts essentially held steady in January. ... More


Canadian housing starts trended lower in December

1/10/2020 | Posted in Canadian Housing Market by Jessi Sandhu

housing-starts--new-developments-454.jpg - Real Estate News There was a decline in the 6-month moving trend in Canadian housing starts in December. ... More


GTA new homes market busier than normal: BILD

1/7/2020 | Posted in New Developments by Jessi Sandhu

couple-with-real-estate-agent-316.jpg - Real Estate News There was strong demand for newly built homes in the Greater Toronto Area in November, the latest month of data released by Altus Group. ... More


No signs of overheating in the GTA's new home market

11/5/2019 | Posted in New Developments by Jessi Sandhu

single-house-new-build-framing-313.jpg - Real Estate News New single-family home sales in the Greater Toronto Area increase a whopping 283% ... More


Buyers of new GTA homes face $222K in government charges

9/18/2019 | Posted in GTA Real Estate by Jessi Sandhu

middle-age-couple-visiting-house-263.jpg - Real Estate News According to a recent BILD report, these charges make a significant impact on affordability. ... More


Canadian Housing Starts Jump To Highest Level Since 2007

7/11/2019 | Posted in Canadian Housing Market by Jessi Sandhu

single-house-new-build-framing-313.jpg - Real Estate News Canadian housing starts trended higher in June, primarily due to higher trending row and apartment starts, in urban areas. ... More


New GTA home sales jumped 94% in May compared to a year earlier

6/27/2019 | Posted in New Developments by Jessi Sandhu

real-estate-market-growth-259.jpg - Real Estate News There was strong activity in the Greater Toronto Area’s new homes market in May: 4,794 new homes were sold in the month, up 94% from ... More


GTA new home sales jumped 123% in April

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

bild-report-83.png - Real Estate News There was some better news for the new homes market in the Greater Toronto Area in April as sales jumped 123% year-over-year. ... More


How Much Does It Cost to Build a House?

4/30/2019 | Posted in Home Buyers by Jessi Sandhu

single-house-new-build-framing-313.jpg - Real Estate News If you’re considering a custom-built home, here’s everything you need to know. ... More


Last-minute amendment saves construction industry

4/22/2019 | Posted in Toronto Real Estate by Jessi Sandhu

new-condos--new-highrise-condos-136.jpg - Real Estate News Toronto’s construction industry may have just averted a calamity. ... More


GTA new single-family home sales jumped 147% in February

3/27/2019 | Posted in New Developments by Jessi Sandhu

bild-report-83.png - Real Estate News Yet sales were still well below the 10-year average, while benchmark prices showed slight moderation from the previous month. ... More


New home construction to decline for next two years, says report

3/20/2019 | Posted in Canadian Housing Market by Jessi Sandhu

real-estate-information-249.jpg - Real Estate News The construction of new homes in Canada will continue to decline for the next two years as the economy slows and higher interest rates weigh on consumers, according to a new ... More


GTA sees new home sales begin on a good note this year

2/27/2019 | Posted in GTA Real Estate by Jessi Sandhu

home-buyers---client-handshake-130.jpg - Real Estate News BILD announced earlier this week that GTA new home sales volume increased by 14% annually in January, reaching 1,362 transactions. ... More


GTA new homes sales plunge 40 per cent in 2018: Altus

2/1/2019 | Posted in GTA Real Estate by Jessi Sandhu

get-home-sold-real-estate-266.jpg - Real Estate News Investment property sales in the GTA had their second-highest year ever at $21.1 billion, but the figure drawing the most attention in Altus Group’s Flash Greater ... More


'No more detached homes for you' economist tells Canada

1/17/2019 | Posted in Canadian Housing Market by Jessi Sandhu

single-house-new-build-framing-313.jpg - Real Estate News In the not so distant past, Canadian contractors were building more single-family homes than multi-family homes, such as condo apartments. ... More


GGH region forecast to lead growth in new home sales

1/10/2019 | Posted in Ontario Real Estate by Jessi Sandhu

real-estate-market-growth-259.jpg - Real Estate News Sales of new homes should be positive in 2019 despite the challenges of affordability and interest rates. ... More


GTA's new home market activity back to moderate level

1/2/2019 | Posted in GTA Real Estate by Jessi Sandhu

single-house-new-build-framing-313.jpg - Real Estate News The Greater Toronto Area (GTA) new-home sales and new project openings’ activities were back to typical levels in November after posting relatively strong results in ... More


Canadian Housing Starts Trend Increases in November

12/12/2018 | Posted in Canadian Housing Market by Jessi Sandhu

cmhc-news-7.jpg - Real Estate News The trend in housing starts was 210,038 units in November 2018, compared to 206,460 units in October 2018, according to Canada Mortgage and Housing Corporation (CMHC). ... More


Toronto region risks deficit of 165,000 new homes by 2041

12/12/2018 | Posted in Toronto Real Estate by Jessi Sandhu

real-estate-market-growth-125.jpg - Real Estate News The Greater Toronto and Hamilton Area (GTHA) is at risk of missing provincial population targets, according to a report released today. This would potentially result in ... More


GTA new home sales post best month of 2018 so far

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

bild-report-83.png - Real Estate News October brought some positives for the new homes market in the Greater Toronto Area with sales and openings gaining. ... 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.