6/15/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The U.S. Federal Reserve raised its trend-setting interest rate on Wednesday for the third time in six months to the highest level since the global financial crisis hit in the ... More

Real Estate & Mortgage News

  6/15/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a sizeable decline in May 2017.

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  6/15/2017 | Posted in Real Estate News by Forest Hill Real Estate Signature
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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate ... More

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  6/14/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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In May, the Teranet–National Bank National Composite House Price Index™ was up 2.2% from the previous month, the largest May gain in the 19-year history of the ... More

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  6/12/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada offered its strongest signal yet that it’s ready to raise interest rates as the economy gathers steam, in surprise comments that sent the Canadian ... More

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  6/12/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The latest jobs performance could put pressure on the Bank of Canada to increase interest rates, according to one veteran.

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  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

  5/30/2017 | Posted in Home Maintenance by Forest Hill Real Estate Signature
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With average household debt and housing prices at record highs across Canada, a new poll by CIBC finds that a growing number of Canadian homeowners (48 per cent) are choosing ... More

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  5/25/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Efforts to rein in Toronto's hot housing market and recent problems at mortgage lender Home Capital are unlikely to hurt Canada's national real estate market as low ... More

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  5/18/2017 | Posted in Financial Health by Forest Hill Real Estate Signature
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Around 10 million Canadians say they have experienced moderate to high levels of income volatility in the past year.

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Real Estate & Mortgage News

  5/15/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined in April 2017. ... More

Real Estate & Mortgage News

  5/3/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The current troubles of Home Capital Group might lead to higher mortgage rates for less credit-worthy borrowers if concerns about the sector trigger an increase in funding ... More

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  4/28/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Here’s the least surprising news you’ll hear all day: Interest rates are not doing what most experts predicted.

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  4/25/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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"Move-over" buyers from Toronto and Vancouver turning to surrounding areas to find a balance of affordability, square footage, and access to ... More

Real Estate & Mortgage News

  4/18/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in March 2017.

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Real Estate & Mortgage News

  4/12/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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In March, the Teranet–National Bank National Composite House Price Index™ was up 0.9% from the previous month, the largest March rise in 10 years. This increase is ... More

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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

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  4/7/2017 | Posted in Home Sellers by Forest Hill Real Estate Signature
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Canadians who have sold their homes last year have been mandated to report the transaction to the Canada Revenue Agency.

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  4/4/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Homebuyers can now view their potential broker’s regulatory record in a now online portal, which allows consumers to search broker and company names to view disciplinary ... More

Real Estate & Mortgage News

  4/2/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Animal spirits still rule Canada’s real estate scene, working urban markets into a froth. But there are ways to tame them.

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  3/24/2017 | Posted in Real Estate Investments by Forest Hill Real Estate Signature
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Finance Minister Bill Morneau said in an interview with The Globe and Mail that he wants to move quickly this year with tax changes focused on high-income Canadians, but ... More

Real Estate & Mortgage News

  3/17/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The possible impacts of the U.S. Federal Reserve’s decision on March 15 (Wednesday) to raise its key interest rate from 0.75 per cent to 1 per cent should not be ... More

Real Estate & Mortgage News

  3/15/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Federal Reserve has raised its benchmark interest rate for the second time in three months and signalled that any further hikes this year will be gradual. Higher rates ... More

Real Estate & Mortgage News

  3/15/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in February 2017.

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Real Estate & Mortgage News

  3/15/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate ... More

Real Estate & Mortgage News

  3/14/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Canadian home prices rose in February as prices continued to climb in the hot Toronto market, data showed on Tuesday in a report that was unlikely to alleviate concerns from ... More

Real Estate & Mortgage News

  3/14/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Locking in a rate before mortgages become more expensive is the best choice at present, as recent developments have pointed at a possible U.S. Federal Reserve rate hike in ... More

Real Estate & Mortgage News

  3/1/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada is holding its trend-setting interest rate at 0.5 per cent but it's keeping a watchful eye on "significant uncertainties'' that it warns ... More

Real Estate & Mortgage News

  2/24/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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In the wake of its report on the unsustainability of the Canadian housing market, Fitch Ratings predicted that mortgage rates will remain at record-low levels for the first six ... More

Real Estate & Mortgage News

  2/15/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Sales of Canada’s office, hotel, and retail properties have reached record-breaking heights last year, fuelled by a strong influx of foreign capital into the ... More

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