Real Estate News, Articles & Corporate Announcements

11/14/2018 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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Condo affordability is fuelling the rise of vertical growth, with resale condominium apartments and townhomes in the Greater Toronto Area (GTA) now representing almost 37 per ... More

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11/13/2018 | Posted in New Developments by Forest Hill Real Estate Signature
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The increase came as the annual pace of urban starts climbed by 8.6 per cent in October to 191,964 units.

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11/12/2018 | Posted in Community by Forest Hill Real Estate Signature
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Lest We Forget – The Brave, The Fallen And Our Freedom.

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11/7/2018 | Posted in Commercial Real Estate by Forest Hill Real Estate Signature
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The moderation of the single-family housing market in the Greater Toronto Area has not dampened the market for residential land.

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11/7/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Bank of Canada governor Stephen Poloz says the eventual destination range for his key interest rate target — estimated by his team at between 2.5 and ... More

Real Estate & Mortgage News

11/7/2018 | Posted in Canadian Housing Market Predictions by Forest Hill Real Estate Signature
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Income, employment support demand for housing, but they're expected to slow, agency says. Rising mortgage rates are also expected to affect housing demand and the ... More

Real Estate & Mortgage News

11/6/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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As Canadian mortgages come up for renewal, many households are starting to experience what TD Economics has dubbed a “completely new phenomenon” – higher ... More

Real Estate & Mortgage News

11/5/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Updated numbers from the Bank of Canada showed that the balance of insured mortgage debt suffered its largest decline in history.

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Real Estate & Mortgage News

11/5/2018 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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Toronto Real Estate Board President Garry Bhaura announced year-over-year increases in home sales and average sale prices reported through TREB's MLS® System in October ... More

Real Estate & Mortgage News

11/2/2018 | Posted in Canadian Economy and Housing Market by Forest Hill Real Estate Signature
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The benchmark rate set by the central bank is called the overnight rate and it’s now at 1.75 per cent, up from 0.5 per cent in the summer of 2017.

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Real Estate & Mortgage News

11/1/2018 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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Condo prices continue to rise in the Greater Toronto Area even as new supply eases inventory pressures.

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Real Estate & Mortgage News

10/31/2018 | Posted in Rental Market by Forest Hill Real Estate Signature
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In a keynote speech delivered at the National Mortgage Conference in Montreal this week, Benjamin Tal warned that instituting rent control could spell disaster.

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Real Estate & Mortgage News

10/31/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Bank of Canada governor Stephen Poloz wants Canadians to get used to the idea of three per cent interest rates as the new normal, now that the era of rock-bottom ... More

Real Estate & Mortgage News

10/29/2018 | Posted in Commercial Real Estate by Forest Hill Real Estate Signature
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With demand for the asset class showing no signs of stopping, industrial properties in Canada’s hottest markets yielded a record-breaking $6.1 billion in sales during Q2 ... More

Real Estate & Mortgage News

10/28/2018 | Posted in Commercial Real Estate by Forest Hill Real Estate Signature
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Owners of commercial real estate are carrying a disproportionate property tax burden across Canada according to a new report.

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Real Estate & Mortgage News

10/28/2018 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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There was an improvement in sales of newly-built homes in the Greater Toronto Area last month.

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Real Estate & Mortgage News

10/26/2018 | Posted in Luxury Real Estate by Forest Hill Real Estate Signature
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Toronto and Vancouver condo units in the $1-2 million price range have attracted a healthy proportion of buyers over the past few years, according to the2018 RE/MAX Spotlight ... More

Real Estate & Mortgage News

10/24/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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CIBC, TD, Royal Bank and BMO all hike their prime rates too

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Real Estate & Mortgage News

10/22/2018 | Posted in Canadian Economy and Housing Market by Forest Hill Real Estate Signature
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By 2023, the number of millionaires in Canada is expected to rise 54% to nearly 2 million people

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Real Estate & Mortgage News

10/21/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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A slowing economy and rising borrowing costs will probably push Canadian delinquency rates higher in coming months, according to the country’s largest credit reporting ... More

Real Estate & Mortgage News

10/17/2018 | Posted in Toronto News by Forest Hill Real Estate Signature
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Toronto has seen a dramatic fall from the top in a global ranking of the best performing residential housing markets.

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Real Estate & Mortgage News

10/16/2018 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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In its latest market survey and forecast, Royal LePage reported a 0.4% year-over-year decrease in the sale price of a home in the Greater Toronto Area as of Q3 2018, slightly ... More

Real Estate & Mortgage News

10/15/2018 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Canadian home sales weakened by 0.4% in September compared to the previous month.

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Real Estate & Mortgage News

10/12/2018 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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The Ontario Real Estate Association is making more than three dozen recommendations to the provincial government on how it should update the rules governing realtors, including ... More

Real Estate & Mortgage News

10/11/2018 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Toronto condo rents jump 7.6% to $2,385 per month in third quarter.

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Real Estate & Mortgage News

10/10/2018 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Fewer homes for sale and growing demand means upward pressure on prices, once again.

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Real Estate & Mortgage News

10/9/2018 | Posted in Commercial Real Estate by Forest Hill Real Estate Signature
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The third quarter of 2018 was a good one for the commercial real estate sector in the GTA.

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Real Estate & Mortgage News

10/7/2018 | Posted in Anouncements by Forest Hill Real Estate Signature
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Hope Your Thanksgiving is filled with peace, love and great joy!

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Real Estate & Mortgage News

10/5/2018 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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A rise in interest rates (and more to come) is putting the squeeze on housing affordability.

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Real Estate & Mortgage News