Real Estate News, Articles & Corporate Announcements

8/22/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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A new report reveals Canadian sentiment about homebuying in Canada – including just how impactful the stress test might be.

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8/22/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Finance Minister Bill Morneau says last October’s sweeping mortgage rule changes aimed at cooling Canada’s housing market have successfully dampened high-risk ... More

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8/22/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Canadians have qualified for much larger mortgages over the past two decades due to record-low interest rates, and that has impacted affordability according to the Fraser ... More

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8/21/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Economists say the Canadian housing bubble — long feared to be vulnerable to a dangerous pop — is now officially dead.

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8/21/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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Cause and effect; supply and demand – the reasons for record-high new home prices in the GTA are a matter of government actions and simple economics.

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8/20/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Mortgage rates are going up, according to a panel of experts. ... More

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8/18/2017 | Posted in Most Livable by Forest Hill Real Estate Signature
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The annual rankings of the world’s most liveable cities has been revealed and three of the top ten are in Canada.

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8/18/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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A prolonged regime of low-interest rates along with a steady trend of rising incomes have more than doubled the amount that Canadians are able ... More

Real Estate & Mortgage News

8/17/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Outdoor living is becoming increasingly popular and a new poll shows that homebuyers are willing to have less indoor space if that means more room outside.

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8/17/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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'Peak Millennials' (aged 25 to 30) to create strong wave of demandNational survey shows while the peak millennial dream to own property is very strong, ... More

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8/16/2017 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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Home sales in the Greater Golden Horseshoe just saw the smallest decline since Ontario’s housing clampdown, suggesting the market may be stabilizing.

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8/16/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The latest forecast from CIBC Capital Markets is for Canadian interest rates to increase again in December this year.

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8/15/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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While various quarters have cited supply scarcity as a central driver in Toronto’s long-running housing affordability issues, latest census data actually belies that ... More

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8/15/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined further in July 2017.

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8/14/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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New mortgages continue to grow in Canada, according to a new report. There were just over 1 million new mortgage loans funded in Canada last year — up 1.4% ... More

Real Estate & Mortgage News

8/14/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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In July, the national composite rise was significantly driven by a 2.1% increase in the market with the largest aggregate property value: Toronto. While this looks strong given ... More

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8/11/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Toronto in mid-August feels like a city waiting with bated breath. The real estate market is drowsy and buyers and sellers are anxious to ... More

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8/11/2017 | Posted in Commercial Real Estate by Forest Hill Real Estate Signature
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Office vacancy rates in some of Canada’s biggest cities are set to be among the lowest in the Americas within the next two years as demand makes the markets among the ... More

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8/10/2017 | Posted in New Developments by Forest Hill Real Estate Signature
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The federal housing agency says home construction picked up last month. The annual pace of urban home construction increased by 5.5 per cent to 206,122 units, driven by a ... More

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8/9/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Should Poloz and his policy team sit on their hands for now or entertain at least one more rate increase in the coming months?

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Real Estate & Mortgage News

8/9/2017 | Posted in Mortgage News by Forest Hill Real Estate Signature
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The number of new mortgages continued higher in 2016 but the share of first-time buyers slipped, CMHC says. The crown corporation reports that there were just over 1 ... More

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8/8/2017 | Posted in Industry Trends by Forest Hill Real Estate Signature
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New technologies are transforming the way people in Canada and across the globe are buying a home, with significant implications for consumers and the property ... More

Real Estate & Mortgage News

8/7/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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Housing trends show clear evidence that the Places to Grow intensification policy introduced a decade ago has now come into full effect.

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Real Estate & Mortgage News

8/6/2017 | Posted in Home Owners by Forest Hill Real Estate Signature
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A rental suite is a great way to help homeowners meet their mortgage payments at a time when home prices are creeping ever upward in some parts of Canada.

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Real Estate & Mortgage News

8/6/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Home buyers in Toronto and some of the surrounding areas appear to be testing their mettle again after spending a few weeks on the sidelines. It’s too soon to tell ... More

Real Estate & Mortgage News

8/3/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Home sales in the Greater Toronto Area tanked last month and prices continued to recede, the city's real estate board said Thursday, further evidence that provincial ... More

Real Estate & Mortgage News

8/3/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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For the second consecutive quarter, new condo apartment sales in the Greater Toronto Area have reached a new high.

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Real Estate & Mortgage News

8/1/2017 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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Names of Ontario condominium directors will be listed in a public database under new regulations unveiled this month, as the province begins to implement a new law to protect ... More

Real Estate & Mortgage News

8/1/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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A new record has been set for Greater Toronto Area’s commercial investment property sales.

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Real Estate & Mortgage News

7/31/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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If the federal government forces mortgage lenders to carry more of the risk for delinquencies it could have a negative impact on the housing market and lead to an increase in ... More

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