2/24/2021 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Canada's top central banker said Tuesday that the economy would continue to need monetary stimulus, likely until 2023, even though there are already signs it could be ... More

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  2/16/2021 | 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 set another all-time record in January 2021.

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  2/15/2021 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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The suburbs surrounding Toronto, Montreal and Vancouver's are fueling an uptick in homes beginning construction and properties ready for occupancy, says Canada Mortgage and ... More

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  2/15/2021 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Starts rebounded strongly from declines in December, says CMHC's chief economist. The trend in housing starts was 244,963 units in January 2021, up from 238,747 units in ... More

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  2/4/2021 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Big cities in Canada will come back to life once the pandemic is over and so will demand for homes in them, according to a new paper by economists at Canadian Imperial Bank of ... More

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  2/2/2021 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Despite quickly rising home prices and the uncertainty unleashed by the COVID-19 pandemic, a majority (80%) of Canadians still believe home ownership is a good investment.

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  1/20/2021 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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e annual pace of housing starts in December fell compared with November, according to Canada Mortgage and Housing Corp. (CMHC).

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  1/15/2021 | 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 set another all-time record in December 2020.

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  1/13/2021 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Plus, seven trends that could impact the real estate market

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  1/11/2021 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Affordability and space limitations continue to impact purchase decisions as only 14% of Canadians polled would consider buying a home in a major metropolitan area.

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  1/5/2021 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Canadians are feeling more confident about the continued rise in home prices now than at any point in the previous three years, a trend Bloomberg and Nanos Research called a ... More

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  12/21/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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When the Liberal government proposed the foreign homebuyer tax in its fiscal update last month as part of a plan to lower home prices, it drew skepticism from observers who say ... More

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  12/21/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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The upward trend in Canadian housing starts continued in November, according to the Canada Mortgage and Housing Corporation.

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  12/16/2020 | 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 continued running at historically strong levels in November 2020.

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  12/11/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Townhouse activity has been especially rabid in Canada's largest markets.

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  11/25/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Almost all households with expired debt referrals have resumed payments

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  11/24/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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But even with a bumpy road ahead, there are reasons to be optimistic.

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  11/19/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Accelerated building in two major cities is largely responsible for the rebound in construction

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  11/18/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Benchmark prices rose 1 per cent from a month earlier, bringing the gain since April to 7 per cent

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Real Estate & Mortgage News

  11/16/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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National home sales continued running at historically strong levels in October 2020

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  11/15/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Between 2009 and September 2020, home prices in Toronto and Vancouver have soared 150% and 100%, respectively.

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  11/9/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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The ambitious targets are an attempt to compensate for 2020's abysmal immigration numbers

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  11/1/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Many people have been scratching their heads lately trying to understand how it is that Canada’s average house price jumped more than 17 per cent during the worst ... More

Real Estate & Mortgage News

  10/29/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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After what RBC Senior Economist Robert Hogue calls a "spectacular rally," the market has fully recovered and then some. What comes next, however, is still shrouded in ... More

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  10/23/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Instead of downsizing, the majority of Canada's seniors are planning to live in their own homes for as long as possible

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Real Estate & Mortgage News

  10/15/2020 | 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 set another record in September 2020.

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Real Estate & Mortgage News

  10/3/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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The strength of the Canadian real estate market has proven itself time and again during the pandemic

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  9/24/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Supply/demand struggles and higher building costs are adding pressure to the market.

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Real Estate & Mortgage News

  9/21/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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The latest analysis from Canada Mortgage and Housing Corporation (CMHC) indicates that weakening housing market fundamentals and an increase in average overvaluation estimates ... More

Real Estate & Mortgage News

  9/15/2020 | 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 and new listings continued to climb in August 2020.

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