Real Estate News, Articles & Corporate Announcements

12/8/2017 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
SHARE

With reduced buying power, house hunters will scoop these properties up

... More

Real Estate & Mortgage News

12/8/2017 | Posted in Financial Health by Forest Hill Real Estate Signature
SHARE

Canadian families increased their net worth by 14.7% in the four years from 2012-2016 according to new data from Statistics Canada.

... More

Real Estate & Mortgage News

12/6/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
SHARE

Consumers looking to consolidate debt currently have more buying power than they will next month, therefore rushing to refinance their mortgages before the new mortgage ... More

Real Estate & Mortgage News

12/6/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE

The Bank of Canada stuck with its trend-setting interest rate, but it offered fresh, yet cautious, warnings to Canadians that increases are likely on the way.

... More

Real Estate & Mortgage News

12/5/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
SHARE

Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 7,374 transactions through TREB’s MLS® System in November ... More

Real Estate & Mortgage News

12/4/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
SHARE

The Bank of Canada has released its latest assessment of the financial system and has once again highlighted risk from mortgages.

... More

Real Estate & Mortgage News

11/29/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
SHARE

Pen up demand in the Greater Toronto Area is going to be unleashed next year, according to one bank's chief economist.

... More

Real Estate & Mortgage News

11/26/2017 | Posted in Real Estate News by Forest Hill Real Estate Signature
SHARE

Real estate agents want to know if you've grown pot in your home.

... More

Real Estate & Mortgage News

11/25/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
SHARE

The Building Industry and Land Development Association says the GTA's supply of newly constructed condos last month hit its highest level since it began tracking that data ... More

Real Estate & Mortgage News

11/24/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
SHARE

More than half of Canadians say they have good knowledge of debt management, yet many Canadians who hold a mortgage don’t believe they’re in debt at all.

... More

Real Estate & Mortgage News

11/22/2017 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
SHARE

Few could have predicted the roller coaster that was the Canadian housing market in 2017. Here are 6 predictions for 2017 that ended up falling seriously short.

... More

Real Estate & Mortgage News

11/19/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
SHARE

It will be more difficult to qualify for a mortgage in 2018, with experts saying it will slow the growth of housing in Canada.

... More

Real Estate & Mortgage News

11/16/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
SHARE

Canada’s housing agency is seeking more data on home loans from shadow lenders, amid concern rising levels of debt aren’t being adequately tracked and may increase ... More

Real Estate & Mortgage News

11/15/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
SHARE

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a modest monthly increase in October but remain below levels ... More

Real Estate & Mortgage News

11/15/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
SHARE

In October the Teranet–National Bank National Composite House Price Index™ was down 1.0% from the previous month, a second consecutive monthly decline and the ... More

Real Estate & Mortgage News

11/14/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
SHARE

With the expectation that first-time homebuyers will be shuttered out of the housing market, thereby reducing the number of people to whom seniors can sell their homes, reverse ... More

Real Estate & Mortgage News

11/14/2017 | Posted in Commercial Real Estate by Forest Hill Real Estate Signature
SHARE

Commercial leasing slipped in October but the city’s real estate board says the market is still buoyant and the outlook is good.

... More

Real Estate & Mortgage News

11/11/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
SHARE

Did you know that it’s actually less expensive to buy a home compared to a condo.

... More

Real Estate & Mortgage News

11/8/2017 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
SHARE

Ontario's new condo tribunal is accessible but will only mediate and adjudicate one kind of dispute to begin.

... More

Real Estate & Mortgage News

11/8/2017 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
SHARE

Canada Mortgage and Housing Corp. said 2,438 new housing units were launched in the Greater Toronto Area in October, a 42-per-cent drop from 4,204 units in the same month last ... More

Real Estate & Mortgage News

11/6/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
SHARE

After a slow summer following the introduction of the province’s Fair Housing Plan, Toronto’s housing market could be balancing out.

... More

Real Estate & Mortgage News

11/2/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
SHARE

Toronto Real Estate Board President Tim Syrianos reported 7,118 residential sales through TREB’s MLS® System in October 2017. This result represented ... More

Real Estate & Mortgage News

11/1/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
SHARE

The unsold inventory of new condo units in the Greater Toronto Area has increased for the first time since the end of 2015.

... More

Real Estate & Mortgage News

10/31/2017 | Posted in Real Estate News by Forest Hill Real Estate Signature
SHARE

Ontario and B.C.'s finance ministers say they are open to the idea of a registry of pre- construction condominium sales as the Canada Revenue Agency ramps up efforts to ... More

Real Estate & Mortgage News

10/30/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
SHARE

Sales of new homes were down 48% in the Greater Toronto Area compared to a year earlier as low- and high- rise sectors saw large declines.

... More

Real Estate & Mortgage News

10/27/2017 | Posted in Foreign Buyers by Forest Hill Real Estate Signature
SHARE

Educational opportunities are driving Chinese homebuyer inquiries for Canadian properties, despite foreign-buyer taxes in two of the nation’s hottest housing ... More

Real Estate & Mortgage News

10/27/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
SHARE

This week’s census data revealed Canadians’ changing living habits – and the trickle-down effect that’s affecting the rental market and its existing ... More

Real Estate & Mortgage News

10/27/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
SHARE

Moderate overvaluation and price acceleration continue to concern the CMHC which said Thursday that the Canadian housing market remains “highly vulnerable”.

... More

Real Estate & Mortgage News

10/26/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
SHARE

A nationwide study by Century 21 reveals Canada's 10 priciest neighbourhoods.

... More

Real Estate & Mortgage News

10/25/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
SHARE

Condos in Toronto were selling at 22% more in the third quarter of 2017 compared to a year earlier.

... More

Real Estate & Mortgage News