10/10/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Conventional economic factors including population, incomes and borrowing costs accounted for less than half of the 40% surge in Toronto home prices between 2010 and 2016, ... More

Real Estate & Mortgage News

  10/2/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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The national housing agency is exploring ways to make it easier for entrepreneurs and new immigrants to buy a home by cutting some of the red tape required to prove they can ... More

Real Estate & Mortgage News

  10/2/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Individuals who take out a mortgage tend to have higher credit scores, according to a recent report by the Canada Mortgage Housing Corporation.

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  9/11/2017 | Posted in Real Estate News by Forest Hill Real Estate Signature
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in August increased compared with July

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  8/30/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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The market for insured mortgages has decreased due to new regulations introduced at the end of 2016.

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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

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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 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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  7/27/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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The recent downturn in Toronto's real estate market is expected to be brief, the federal housing agency said Wednesday.

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Real Estate & Mortgage News

  7/11/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in Canada picked up in June.

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Real Estate & Mortgage News

  6/14/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Mortgage delinquency rates were low in Toronto and Vancouver during the fourth quarter of 2016, despite hot housing markets that have sent prices soaring, according to a new ... More

Real Estate & Mortgage News

  6/9/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Canadian housing starts fell 8.6 per cent in May from April, a decline fuelled by a massive pullback in new home construction since Ontario moved to cool the housing market in ... More

Real Estate & Mortgage News

  6/7/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Even after getting family help to make a down payment on a home, first-time buyers still worry about their financial situation, according to a new survey from ... More

Real Estate & Mortgage News

  5/30/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Canada's housing agency saw a sharp decline in the number of home buyers who qualified for mortgage insurance under tougher rules implemented last fall.

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  4/10/2017 | Posted in Real Estate News by Forest Hill Real Estate Signature
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The annual pace of housing starts increased more than expected in March and hit their highest level since September 2007. The Canada ... More

Real Estate & Mortgage News

  3/8/2017 | Posted in Real Estate News by Forest Hill Real Estate Signature
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The pace of home construction in Canada picked up last month and a lot of the push came from Ontario, the federal housing agency said Wednesday, offering the latest evidence ... More

Real Estate & Mortgage News

  2/12/2017 | Posted in Real Estate News by Forest Hill Real Estate Signature
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Canadian housing starts unexpectedly rose in January as Ontario saw a strong increase on ground breaking of new homes, suggesting home construction got off to a ... More

Real Estate & Mortgage News

  1/29/2017 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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CMHC data shows sky-high prices in the Greater Toronto Area are pushing homebuyers further afield. Spillover from the red-hot GTA real estate market is driving demand and ... More

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  1/17/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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CMHC announced early Tuesday it is increasing its loan insurance premiums effective March 17.

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Real Estate & Mortgage News

  12/7/2016 | Posted in Real Estate News by Forest Hill Real Estate Signature
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Foreign ownership of existing Canadian condominium units in Canada's three biggest cities has declined in 2016 compared with the previous two years, according to ... More

Real Estate & Mortgage News

  11/30/2016 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Canada Mortgage and Housing Corp., the Crown corporation that controls about half of the mortgage default insurance market in the country, continues to shrink its ... More

Real Estate & Mortgage News

  11/26/2016 | Posted in Home Buyers by Forest Hill Real Estate Signature
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The head of Canada Mortgage and Housing Corp. has opened the door to the possibility of increasing the minimum down payment needed to buy a house, though a change is not ... More

Real Estate & Mortgage News

  11/17/2016 | Posted in Mortgage News by Forest Hill Real Estate Signature
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Canada Mortgage and Housing Corp. says its stress testing shows it will be able to withstand even the most extreme economic scenarios.

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Real Estate & Mortgage News

  11/8/2016 | Posted in Real Estate News by Forest Hill Real Estate Signature
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Canada Mortgage and Housing Corp. says the pace of housing starts in October slowed compared with September.

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Real Estate & Mortgage News

  10/27/2016 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Canada’s housing agency is warning that prices are soaring in smaller communities in British Columbia and Ontario as the real estate boom in Vancouver and Toronto spreads ... More

Real Estate & Mortgage News

  10/24/2016 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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The federal government formally launched consultations Friday to explore potential changes that would shift some of the financial risk tied to ... More

Real Estate & Mortgage News

  8/16/2016 | Posted in Mortgage News by Forest Hill Real Estate Signature
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The federal government may require banks and other mortgage lenders to pay a deductible to protect taxpayers from risky hot housing markets.

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Real Estate & Mortgage News

  7/12/2016 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Canada Mortgage and Housing Corp. says the pace of home construction picked up last month, boosted by work beginning on apartments in Ontario and especially condominiums in ... More

Real Estate & Mortgage News

  6/7/2016 | Posted in Mortgage News by Forest Hill Real Estate Signature
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The Canada Mortgage and Housing Corporation released its annual Mortgage Consumer Survey ... More

Real Estate & Mortgage News

  5/19/2016 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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The Crown Corporation released its long-term economic and housing forecast Wednesday morning. It expects housing starts to slowly decrease over the coming years.

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