Jessi Sandhu - Your Brampton Real Estate Agent
Canadian Housing Market News and Articles | My Blog

Canada's housing market remains at moderate degree of vulnerability

9/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu

cmhc-news-7.jpg - Real Estate News The latest analysis from Canada Mortgage and Housing Corporation (CMHC) indicates that weakening housing market fundamentals and an increase in average overvaluation estimates in ... More


Tal forecasts stable housing sector, slower rental market

9/16/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

cibc-office-250.jpg - Real Estate News The next six months will be more difficult economically than the past quarter, but the Canadian housing market is expected to continue its V-shaped recovery. ... More


August 2020 another record-setting month for many Canadian housing markets

9/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu

crea-news-18.jpg - Real Estate News Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings continued to climb in August 2020. ... More


Housing inventory could swell when deferral period ends

8/27/2020 | Posted in Real Estate Market by Jessi Sandhu

real-estate-sign-27.jpg - Real Estate News A housing inventory surge will likely precede a predicted arrears spike once payment deferrals end, according to a recent analysis. ... More


Canadian housing markets set multiple records in July 2020

8/17/2020 | Posted in Canadian Housing Market by Jessi Sandhu

crea-news-18.jpg - Real Estate News Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings continued to rebound in July 2020, with new listings hitting ... More


Canadian housing starts increased in July

8/11/2020 | Posted in Canadian Housing Market by Jessi Sandhu

housing-starts--new-developments-454.jpg - Real Estate News The trend in housing starts was 204,376 units in July 2020, up from 199,778 units in June 2020, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is ... More


Teranet-National Bank data points to decline in home prices

7/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu

teranet-national-bank-16.jpg - Real Estate News Despite prices swelling in a number of Canadian markets, the most recent Teranet-National Bank National Composite House Price Index claims Canada’s housing market has ... More


Housing starts stay strong, but 'confusing' fall ahead: CIBC

7/14/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

cibc-office-250.jpg - Real Estate News While Canadian housing starts have gained momentum and are on pace for more than 200,000 this year, CIBC World Markets managing director and deputy chief economist Benjamin Tal ... More


Canadian home sales and new listings up again in June

7/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu

crea-news-18.jpg - Real Estate News Statistics released today by the Canadian Real Estate Association (CREA) reveal national home sales and new listings continued to rebound in June 2020. ... More


House prices in Canada's largest cities expected to drop: CMHC

6/24/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

sold-home-for-sale-260.jpg - Real Estate News Canada Mortgage and Housing Corp. expects a drop in home prices in the country’s biggest cities amid “severe declines” in home sales and construction. ... More


Canadian home sales and new listings on the rise in May

6/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu

crea-news-18.jpg - Real Estate News Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings were up noticeably in May 2020 compared to April, though still ... More


Canadian home sales and listings post record declines in April 2020

5/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu

crea-news-18.jpg - Real Estate News Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings fell by more than half in April 2020 compared to March. ... More


Defying COVID-19 pressures, average prices might climb

5/8/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

real-estate-market-growth-259.jpg - Real Estate News The housing market can expect some recovery towards the end of the year according to Altus Group. ... More


Forced selling may be headed for Canada's housing market

5/2/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

home-for-sale-ontario-canada-131.jpg - Real Estate News A sharp rise in joblessness, combined with the bust-out of the short-term rental market, will send Canadian house prices down in the short term, some market experts are saying. ... More


Home prices have some support despite sales slowdown

4/26/2020 | Posted in Canadian Housing Market by Jessi Sandhu

business-data-reporting-274.jpg - Real Estate News The national market can still provide some impetus for home price growth despite declining sales, according to Royal Bank of Canada Senior Economist Robert Hogue. ... More


Home prices could fall 5% amid pandemic

4/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu

home-for-sale-ontario-canada-131.jpg - Real Estate News Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by ... More


Canada braces for higher mortgage defaults

4/21/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

laptop-research-453.jpg - Real Estate News Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More


Pandemic Throws Housing Market off Course

4/16/2020 | Posted in Canadian Housing Market by Jessi Sandhu

business-meeting-notes-105.jpg - Real Estate News The outlook on the Canadian housing market: RBC ... More


Consumer confidence is suffering an unprecedented decline

4/15/2020 | Posted in Canada Living by Jessi Sandhu

worried-businessman-346.jpg - Real Estate News Nearly four-fifths of Canadians expect the economy to worsen over the next few months. ... More


Canadian home sales and listings down in March

4/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu

crea-news-18.jpg - Real Estate News Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and listings were down sharply between February and March 2020. ... More


National Home Prices to Show Remarkable Resilience in 2020

4/14/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

housing-market-concept-image-262.jpg - Real Estate News According to the Royal LePage House Price Survey and Market Survey Forecast released today, the aggregate price of a home in Canada is expected to remain remarkably stable through ... More


Canadian housing starts declined in March

4/8/2020 | Posted in Canadian Housing Market by Jessi Sandhu

housing-starts--new-developments-454.jpg - Real Estate News The trend in housing starts was 204,717 units in March 2020, compared to 209,109 units in February 2020, according to Canada Mortgage and Housing Corporation (CMHC). ... More


Canadian Home Sales Brace for 30% Drop on Virus

4/2/2020 | Posted in Canadian Housing Market by Jessi Sandhu

real-estate-information-249.jpg - Real Estate News Real estate listings are drying up, open houses have been canceled, and buyers are staying home. ... More


Canada set for muted spring home-selling season as coronavirus saps sentiment

3/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu

real-estate-sign-27.jpg - Real Estate News Realtors across Canada are kicking off the busy spring selling season with the unprecedented step of cancelling open houses, moves that could contribute to slower-than-forecast ... 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


Is coronavirus about to prompt a house price crash?

3/17/2020 | Posted in Canadian Housing Market by Jessi Sandhu

finance-market-growth-127.jpg - Real Estate News RBC senior economist Robert Hogue gives his latest housing market assessment ... More


Canadian home sales up in February

3/16/2020 | Posted in Canadian Housing Market by Jessi Sandhu

crea-news-18.jpg - Real Estate News Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up between January and February 2020. ... More


Canadian housing starts declined in February

3/9/2020 | Posted in Canadian Housing Market by Jessi Sandhu

housing-starts--new-developments-454.jpg - Real Estate News The trend in housing starts was 208,525 units in February 2020, compared to 211,153 units in January 2020, according to Canada Mortgage and Housing Corporation (CMHC). ... 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 we'll get back to you promptly.

Security Question: 1 + 1 =