11/22/2017 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Few could have predicted the roller coaster that was the Canadian housing market in 2017. Here are 6 predictions for 2017 that ended up falling seriously short.

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Real Estate & Mortgage News

  11/19/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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It will be more difficult to qualify for a mortgage in 2018, with experts saying it will slow the growth of housing in Canada.

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  11/15/2017 | 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 modest monthly increase in October but remain below levels ... More

Real Estate & Mortgage News

  11/15/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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In October the Teranet–National Bank National Composite House Price Index™ was down 1.0% from the previous month, a second consecutive monthly decline and the ... More

Real Estate & Mortgage News

  10/27/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Moderate overvaluation and price acceleration continue to concern the CMHC which said Thursday that the Canadian housing market remains “highly vulnerable”.

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  10/26/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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A nationwide study by Century 21 reveals Canada's 10 priciest neighbourhoods.

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  10/14/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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The number of homes sold in September climbed for the second month in a row after a slowdown earlier this year that was led by a cooling in the Toronto market.

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Real Estate & Mortgage News

  10/13/2017 | 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 in September rose modestly from the previous month but remained down ... More

Real Estate & Mortgage News

  10/12/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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In September the Teranet–National Bank National Composite House Price Index™ was down 0.8% from the previous month, the largest monthly decline since ... More

Real Estate & Mortgage News

  10/11/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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A new stress test for all uninsured mortgages is unnecessary and could increase costs for homebuyers, a report by the Fraser Institute said Wednesday.

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  10/8/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Home affordability is bad in Canada. It's about to get worse. ... More

Real Estate & Mortgage News

  9/29/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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While plenty of homeowners, potential homeowners, and experts will disagree, Canada’s homes are not as expensive as we may think.

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Real Estate & Mortgage News

  9/27/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Demand for luxury properties is up in Victoria, Calgary, and Oakville, while the urban hubs of Vancouver and the GTA saw decreased demand for luxury ... More

Real Estate & Mortgage News

  9/26/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Despite rising interest rates and various policy measures implemented to slow down pricing growth, the Canadian housing market is not on track for a sharp decline. It ... More

Real Estate & Mortgage News

  9/22/2017 | Posted in Foreign Buyers by Forest Hill Real Estate Signature
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Some media outlets recently reported that interest in Canadian real estate among Chinese buyers increased 30 per cent in the first half of this year, compared to a ... More

Real Estate & Mortgage News

  9/22/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Vancouver and Toronto luxury property sales should accelerate this fall after a period of relative sluggishness, according to a new report from Sotheby’s International ... More

Real Estate & Mortgage News

  9/19/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Last year’s mortgage rule changes placed roadblocks in front of millions of would-be buyers, but increased rates and future regulatory action may prove even more ... More

Real Estate & Mortgage News

  9/18/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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There was a small increase in national home sales in August, reversing a four-month trend of decline, as the GTA rebounded.

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Real Estate & Mortgage News

  9/18/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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A housing market outlook from RBC Economics is calling for a decline in resales for 2017 and 2018 and a deceleration of price rises.

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Real Estate & Mortgage News

  9/15/2017 | 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

  9/15/2017 | 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 small gain in August 2017.

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Real Estate & Mortgage News

  9/14/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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National housing market to see no more than 1.3% annual price gains but Toronto may buck the trend because of strong demand than flies in the face of affordability.

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Real Estate & Mortgage News

  9/14/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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In August the Teranet-National Bank National Composite House Price Index™  was up 0.6% from the previous month, less than the average 0.7% gain for ... More

Real Estate & Mortgage News

  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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Real Estate & Mortgage News

  9/6/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada forged ahead with another interest rate hike in a nod to the country’s surging economy, while signaling its appetite for further tightening may be ... More

Real Estate & Mortgage News

  9/1/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Canada has seen the fastest house-price growth among the major economies of the G20, a new report says. But with Toronto's housing market entering a slowdown, it's ... More

Real Estate & Mortgage News

  8/30/2017 | Posted in Foreign Buyers by Forest Hill Real Estate Signature
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The government has perhaps its best understanding of just how influential foreign buyers are on Canada’s hottest markets, according to one big bank.

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Real Estate & Mortgage News

  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