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

Desjardins predicts housing downturn would address 'unhealthy' market

6/16/2022 | Posted in Canadian Housing Market by Jessi Sandhu

sold-home-for-sale-260.jpg - Real Estate News Bouts of pain in property prices could help wake market up to economic and wage realities, economist says ... More


Canadian home sales slow again in May

6/15/2022 | 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 down in May 2022. ... More


A Canada housing crash? Don't count on it, says RBC economist

5/25/2022 | Posted in Canadian Housing Market by Jessi Sandhu

sold-home-for-sale-260.jpg - Real Estate News "This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown" ... More


Residential Market - Lingering heat in the housing market

5/19/2022 | Posted in Canadian Housing Market by Jessi Sandhu

cmhc-news-7.jpg - Real Estate News Canada’s housing market is cooling down but it is still hotter than the long-term average and will likely stay that way for the next couple of years. ... More


Home prices fall for the second straight month to an average of $746,146

5/17/2022 | Posted in Canadian Housing Market by Jessi Sandhu

sold-home-for-sale-260.jpg - Real Estate News The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline from March. ... 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


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


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


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


What the Bank of Canada rate cut means for mortgages

3/5/2020 | Posted in Mortgages and Real Estate by Jessi Sandhu

marketing-analysys-104.jpg - Real Estate News Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that. ... More


Coronavirus-driven rate cut could add kerosene to Canada's housing market

3/4/2020 | Posted in Canadian Housing Market by Jessi Sandhu

coronavirus-468.jpg - Real Estate News Lower mortgage rates likely to offset any major drag from a global outbreak ... More


Immigration continues to supercharge the engines of Canadian housing

2/19/2020 | Posted in Canadian Housing Market by Jessi Sandhu

home-purchase-contract-441.jpg - Real Estate News The pace of inbound immigration to Canada – cited as the fastest among the G7 nations – is driving an unprecedented housing boom. ... More


Canadian home sales down in January

2/15/2020 | 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 declined between December 2019 and January 2020. ... More


Canadian home prices accelerated in 2019 says Statistics Canada

1/30/2020 | Posted in Canadian Housing Market by Jessi Sandhu

real-estate-market-growth-259.jpg - Real Estate News Quarterly price trend report shows most major markets posted gains. ... More


Canadian home sales inch lower in December

1/15/2020 | 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 eased between November and December 2019. ... 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


CEO of Canada's biggest bank calls for caution as Ottawa considers adjusting mortgage stress test

1/8/2020 | Posted in Mortgages and Real Estate by Jessi Sandhu

big-6-banks-canada-317.jpg - Real Estate News Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More


Expect a seller's market this year

1/7/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

sold-home-for-sale-260.jpg - Real Estate News The lack of housing supply is expected to remain a pressing concern this year as Canada moves further to a seller's market, market watchers say. ... More


Canadian mortgage performance to remain stable in 2020

12/18/2019 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

mortgage-cloud-44.jpg - Real Estate News Canadian mortgage lenders shouldn’t worry too much about the performance of their loans in 2020 according to a new report from Fitch Ratings. ... More


Canadian home sales edge higher in November

12/16/2019 | 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 continued to edge higher in November 2019. ... More


Owning a home is a pipedream for many Canadian millennials

12/13/2019 | Posted in Home Buyers by Jessi Sandhu

couple-browsing-for-homes-444.jpg - Real Estate News Millions of Canadian millennials feel they may never be able to follow previous generations into homeownership according to a new survey. ... More


Canadian housing starts were flat in November says CMHC

12/10/2019 | Posted in New Developments by Jessi Sandhu

housing-starts--new-developments-454.jpg - Real Estate News There were some slight increases but the 6-month trend was essentially unchanged ... More


Townhouses lead growth in rents

12/1/2019 | Posted in Rental Market by Jessi Sandhu

house-for-rent-87.jpg - Real Estate News The annual increase in Canadian rents was not consistent across property types. ... More


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