8/22/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Canadians have qualified for much larger mortgages over the past two decades due to record-low interest rates, and that has impacted affordability according to the Fraser ... More

Real Estate & Mortgage News

  8/21/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Economists say the Canadian housing bubble — long feared to be vulnerable to a dangerous pop — is now officially dead.

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Real Estate & Mortgage News

  8/17/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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'Peak Millennials' (aged 25 to 30) to create strong wave of demandNational survey shows while the peak millennial dream to own property is very strong, ... More

Real Estate & Mortgage News

  8/15/2017 | 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 further in July 2017.

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Real Estate & Mortgage News

  8/14/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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In July, the national composite rise was significantly driven by a 2.1% increase in the market with the largest aggregate property value: Toronto. While this looks strong given ... More

Real Estate & Mortgage News

  8/8/2017 | Posted in Industry Trends by Forest Hill Real Estate Signature
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New technologies are transforming the way people in Canada and across the globe are buying a home, with significant implications for consumers and the property ... More

Real Estate & Mortgage News

  7/19/2017 | Posted in Real Estate News by Forest Hill Real Estate Signature
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The federal finance minister says steps taken to tame Canada's hottest housing markets have already helped slow down a sector he believes was moving at an unsustainable ... More

Real Estate & Mortgage News

  7/17/2017 | 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 cooled further in June 2017.

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Real Estate & Mortgage News

  7/12/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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In June the Teranet–National Bank National Composite House Price Index™ was up 2.6% from the previous month. As with May, it was the largest June rise in the ... More

Real Estate & Mortgage News

  6/26/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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The dramatic rise in Canadian house prices has been making headlines almost daily. But Canada isn’t the only country experiencing skyrocketing home prices.

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Real Estate & Mortgage News

  6/23/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Turns out housing may be affordable, acording to Bank of Canada (BoC) Housing Affordability Index which shows that the cost of housing across Canada is below historic norms. We ... More

Real Estate & Mortgage News

  6/22/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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We all know about Canada’s ballooning household debt. Guessing who else has gone on a debt binge to buy up real estate? Canadian corporations.

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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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Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  6/9/2017 | Posted in Financial Health by Forest Hill Real Estate Signature
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A federal agency is warning consumers addicted to home equity lines of credit — a product increasingly driving debt — could find themselves at increased risk ... More

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  5/18/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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For the last three years, analysts have been predicting a Canadian housing crash and ensuing recession, yet the economy continues to chug along and house prices are still ... More

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

  5/12/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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In April, the Teranet–National Bank National Composite House Price Index™ was up 1.2% from the previous month. This gain is similar to that reported for April of ... More

Real Estate & Mortgage News

  5/11/2017 | Posted in Financial Health by Forest Hill Real Estate Signature
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Moody’s has downgraded its ratings for six Canadian banks due to their exposure to risk from high house prices and household debt.

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Real Estate & Mortgage News

  5/9/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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The 6-month trend of Canadian housing starts was up in April, reaching 213,768 units compared to 210,702 in March.

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Real Estate & Mortgage News

  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 Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the ... More

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

Real Estate & Mortgage News

  4/4/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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The fourth quarter of 2016 saw Canadian housing costs remain at overheated levels despite the imposition of various federal and provincial measures to address the prevalent ... More

Real Estate & Mortgage News

  3/20/2017 | Posted in Real Estate News by Forest Hill Real Estate Signature
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Ontario Finance Minister Charles Sousa is urging Ottawa to address speculative investing in the country's housing markets by changing how such profits are taxed.

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Real Estate & Mortgage News

  3/20/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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With mortgage insurance premiums rising, homebuyers whose down payments are just shy of 20 per cent may be considering whether to tap extra sources of credit in order to avoid ... 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