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

Canada's COVID-19 Economic Response Plan: Support for Canadians and Businesses

3/18/2020 | Posted in Canada Living by Jessi Sandhu

canadian-real-estate-markets-62.jpg - Real Estate News The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak. ... More


What to know about the Liberals' new housing-incentive promise

9/16/2019 | Posted in Home Buyers by Jessi Sandhu

sold-home-for-sale-260.jpg - Real Estate News In an election announcement on Thursday, Liberal Party Leader Justin Trudeau promised to turbocharge the First-Time Home Buyer Incentive (FTHBI) for Canadians who live in ... More


Commercial cap rate compression around the corner

8/27/2019 | Posted in Commercial Real Estate by Jessi Sandhu

modern-business-building-256.jpg - Real Estate News Declining bond yields are putting downward pressure on cap rates and creating opportunity for investment in Canada’s commercial sector. ... More


Calgary, Vancouver, Toronto remain among world's most liveable cities

9/5/2019 | Posted in Most Livable by Jessi Sandhu

group-of-young-adults-338.jpg - Real Estate News The Economist Intelligence Unit (EIU) unveiled its 2019 Global Liveability Index on Tuesday, listing the top 10 most livable cities in the world. ... More


Average Canadian household spent more on taxes than living costs in 2018, report finds

8/2/2019 | Posted in Financial Health by Jessi Sandhu

cra-70.jpg - Real Estate News The average Canadian household paid nearly $40,000 in taxes last year, more than the combined cost of clothing, food and shelter, according to a new report. ... 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


Investment in multifamily construction reaches new heights

6/24/2019 | Posted in Canadian Housing Market by Jessi Sandhu

new-construction-w-supervisors-285.jpg - Real Estate News The residential construction sector led the gains for overall Canadian construction investment in April, the latest month of figures released by Statistics Canada. ... More


Despite new details, First-Time Home Buyer Incentive is flawed

6/18/2019 | Posted in First Time Home Buyers by Jessi Sandhu

middle-age-couple-visiting-house-263.jpg - Real Estate News While more details about the First-Time Home Buyer Incentive were released this week, there remains a glaring problem. ... More


First-Time Home Buyer Incentive To Launch In September

6/18/2019 | Posted in Home Buyers by Jessi Sandhu

new-home-plans-246.jpg - Real Estate News The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a ... More


Canadian housing starts trend decreased in May

6/11/2019 | Posted in Canadian Housing Market by Jessi Sandhu

cmhc-reports-2.jpg - Real Estate News The trend in housing starts was 201,983 units in May 2019, compared to 205,717 units in April 2019, according to Canada Mortgage and Housing Corporation (CMHC). ... More


Market collapse appears less likely says RBC

6/10/2019 | Posted in Canadian Housing Market by Jessi Sandhu

real-estate-market-growth-259.jpg - Real Estate News Last week’s market reports from real estate boards across Canada indicate there is recovery underway with even the tough market conditions in Vancouver suggesting a ... More


Canadian mortgage rates falling to their lowest level in 2 years

6/7/2019 | Posted in Interest Rates by Jessi Sandhu

mortgage-cloud-44.jpg - Real Estate News Spring is typically a busy time for home sales, so lenders are competing fiercely right now for new business — and that's adding up to record low rates for borrowers. ... More


Industrial vacancy levels across Canada reach record lows

6/5/2019 | Posted in Commercial Real Estate by Jessi Sandhu

commercial-real-estate-industrial-warehouse-231.jpg - Real Estate News Canada’s vacancy rate for industrial properties stood at a historic low of 3% during the first quarter of 2019, pointing to highly positive prospects for the asset class ... More


Homeowners' spending on renovations falls to 6-year low

6/5/2019 | Posted in Home Owners by Jessi Sandhu

home-maintenance--repairs-99.jpg - Real Estate News Canadian homeowners continue to cut back on home renovation spending in 2019: CIBC Poll ... More


Canadian hotels investment set for a bumper year

5/14/2019 | Posted in Commercial Real Estate by Jessi Sandhu

condos-highrises-101.jpg - Real Estate News A report from CBRE forecasts rising demand from domestic and international investors which will boost investment in the sector beyond 2018’s $1.5 billion and the 10-year ... More


Canadian Bankruptcies Jump At Fastest Pace Since Financial Crisis

5/14/2019 | Posted in Financial Health by Jessi Sandhu

stressed-couple-244.jpg - Real Estate News Higher interest rates and a record-large debt burden are taking their toll on Canadians, with the number of households filing for insolvency hitting an eight-year high in the ... More


Household debt to have knock-on effect upon banks, economy

4/29/2019 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

financial-markets-report-272.jpg - Real Estate News Canadians now owe an average of $1.79 for every dollar of disposable income. ... More


Self-employed increasingly turning to private lenders for mortgages

4/25/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu

contract-real-estate-mortgage-102.jpg - Real Estate News The self-employed are among the growing number of Canadians turning to private lenders in order to obtain a mortgage. ... More


48% of Canadians on brink of insolvency: Survey

4/22/2019 | Posted in Financial Health by Jessi Sandhu

worried-businessman-346.jpg - Real Estate News Sign of deteriorating financial stability for many people in the country. ... 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


Canadian homeownership rates still among highest globally

3/6/2019 | Posted in Canadian Housing Market by Jessi Sandhu

sold-home-for-sale-260.jpg - Real Estate News Homeownership rates in Canada remain among the highest in the world despite housing affordability concerns across the country, according to the Royal Bank of Canada (RBC). ... More


Why Canadians are suffering a bankruptcy spike

2/25/2019 | Posted in Interest Rates by Jessi Sandhu

business-report-ideas-275.jpg - Real Estate News The Bank of Canada began raising its key overnight lending rate in July 2017 and it’s now at the highest level in a decade. Accustomed to historically low and even negative ... More


Economists renew prediction for lower interest rates for Canada in 2019

1/5/2019 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

financial-markets-report-272.jpg - Real Estate News Ahead of the Bank of Canada’s first policy meeting of the year, scheduled for next week, Capital Economics is back at it again. ... More


High debt levels, rising interest rates among challenges for 2019

12/19/2018 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

calculator--analysis--reporting-128.jpg - Real Estate News Canada’s economy will slow down in 2019 with consumer spending impacted by weaker employment, cooling house prices, high levels of debt, and rising interest rates. ... 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


TFSA Limit Rises to $6,000 for 2019

12/6/2018 | Posted in Financial Health by Jessi Sandhu

mortgage-rates---interest-rates-48.jpg - Real Estate News The TFSA contribution limit for 2019 is $6,000, up from $5,500 in 2018. ... More


More homebuyers opted for variable rates in Q3 says CMHC

11/30/2018 | Posted in Home Buyers by Jessi Sandhu

real-estate-transaction--mortgage-application-134.jpg - Real Estate News CMHC has published its financial report for the third quarter of 2018 which also reveals insights into this year’s homebuyers. ... More


Canadian retail will be a great investment destination in 2019

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

retail-shopping-319.jpg - Real Estate News Canadian commercial property sales activity will remain robust over the near term, against a backdrop of positive overall sector performance. ... More


Rental vacancy rate dips to 2.4% across Canada, CMHC says

11/28/2018 | Posted in Rental Market by Jessi Sandhu

house-for-rent-87.jpg - Real Estate News Canada added 37,000 apartments this year, but demand rose by even more to 50,000 units. ... More


Multifamily sector leads investment in construction

11/26/2018 | Posted in Real Estate Investments by Jessi Sandhu

new-construction-w-supervisors-285.jpg - Real Estate News Investment in Canada’s building construction edged 0.3% higher in September compared to the previous month. ... More


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