Real Estate News, Articles & Corporate Announcements

5/22/2019 | Posted in Canadian Economy and Housing Market by Forest Hill Real Estate Signature
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Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More

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5/21/2019 | Posted in Interest Rates by Forest Hill Real Estate Signature
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Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t ... More

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5/19/2019 | Posted in Holidays and Traditions by Forest Hill Real Estate Signature
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Wishing You a Happy and Safe Victoria Day Holiday!

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Real Estate & Mortgage News

5/17/2019 | Posted in Home Buyers by Forest Hill Real Estate Signature
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The Conservative Party leader says he's "absolutely committed" to reviewing the rule.

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Real Estate & Mortgage News

5/17/2019 | Posted in Commercial Real Estate by Forest Hill Real Estate Signature
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The technology sector has had a profound impact on commercial assets in Toronto’s 416 and 905 regions, according to a new study by Avison Young.

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Real Estate & Mortgage News

5/15/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales climbed in April 2019.

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Real Estate & Mortgage News

5/15/2019 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Canada needs to be building more homes to meet demand which is greater than official figures suggest.

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Real Estate & Mortgage News

5/14/2019 | Posted in Commercial Real Estate by Forest Hill Real Estate Signature
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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

Real Estate & Mortgage News

5/14/2019 | Posted in Financial Health by Forest Hill Real Estate Signature
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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

Real Estate & Mortgage News

5/13/2019 | Posted in Commercial Real Estate by Forest Hill Real Estate Signature
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Sales activity in the Greater Toronto Area investment market considerably slowed down in Q1 2019, according to a new quarterly analysis by Altus Group.

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Real Estate & Mortgage News

5/12/2019 | Posted in Anouncements by Forest Hill Real Estate Signature
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Celebrating Moms Everywhere - Happy Mother's Day!

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Real Estate & Mortgage News

5/11/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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The head of the Canada Mortgage and Housing Corporation (CMHC) gave a candid assessment of the country’s housing market, saying the “party” of homeownership ... More

Real Estate & Mortgage News

5/10/2019 | Posted in First Time Home Buyers by Forest Hill Real Estate Signature
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Having a sufficient down payment to afford the home they want is the largest concern of first-time buyers according to a new survey.

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Real Estate & Mortgage News

5/9/2019 | Posted in Commercial Real Estate by Forest Hill Real Estate Signature
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A robust 2018 will serve as the foundation of the Canadian commercial/industrial property market’s strength for the foreseeable future, according to Avison ... More

Real Estate & Mortgage News

5/9/2019 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Bank of Canada Governor Stephen Poloz suggested that lenders should encourage mortgage products with longer terms as a means of distributing risk more evenly and insulating the ... More

Real Estate & Mortgage News

5/9/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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On the national level, the housing starts trend went up in April, according to the Canada Mortgage and Housing Corporation’s latest report.

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Real Estate & Mortgage News

5/7/2019 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Young families in particular want strong transit links, short commute

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Real Estate & Mortgage News

5/6/2019 | Posted in Canadian Economy and Interest Rates by Forest Hill Real Estate Signature
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Goodbye, variable-rate mortgage. Everyone’s going fixed these days, and for good reason.

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Real Estate & Mortgage News

5/6/2019 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a substantial year-over-year increase in home sales in April 2019. ... More

Real Estate & Mortgage News

5/4/2019 | Posted in Toronto News by Forest Hill Real Estate Signature
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It took more than a decade to acquire the land, but the developers of a massive proposed Crosstown mixed-use project on a 60-acre site at Toronto’s Eglinton Avenue East ... More

Real Estate & Mortgage News

5/3/2019 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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A report issued yesterday by market analysis experts Urbanation shows a continued decline in Greater Toronto Area (GTA) new development launches and sales, occurring at the ... More

Real Estate & Mortgage News

5/2/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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For 1st time in 2.5 years, Canada Mortgage and Housing Corporation rates market as only moderately vulnerable

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Real Estate & Mortgage News

5/1/2019 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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The Canadian government should consider being flexible on its new mortgage lending rules because the impact has been longer-lasting and more significant than expected, ... More

Real Estate & Mortgage News

5/1/2019 | Posted in Interest Rates by Forest Hill Real Estate Signature
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The latest reading of Canada’s economy brings both good and bad news for the housing market.

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Real Estate & Mortgage News

4/30/2019 | Posted in Home Buyers by Forest Hill Real Estate Signature
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If you’re considering a custom-built home, here’s everything you need to know.

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Real Estate & Mortgage News

4/30/2019 | Posted in Home Sellers by Forest Hill Real Estate Signature
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Homeowners wanting to maximize the appraisal value of their home should think about outside space.

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Real Estate & Mortgage News

4/30/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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For the foreseeable future, immigration will continue stoking the need for housing in Canada’s largest cities, according to RBC Economic Research.

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Real Estate & Mortgage News

4/29/2019 | Posted in Commercial Real Estate by Forest Hill Real Estate Signature
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Downtown Toronto’s extremely low office vacancy rate could climb to “just south of 6%” within four years and curb rapid rent escalation.

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Real Estate & Mortgage News

4/29/2019 | Posted in Canadian Economy and Interest Rates by Forest Hill Real Estate Signature
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Canadians now owe an average of $1.79 for every dollar of disposable income.

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Real Estate & Mortgage News