6/19/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Looming rate hikes by the Bank of Canada will put financial stress on indebted Canadians and potentially exacerbate a slowdown in the nation's long housing boom, credit ... 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

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

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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

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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 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

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  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

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  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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  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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  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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  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 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

  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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  3/20/2017 | 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

  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

  3/8/2017 | Posted in Foreign Buyers by Forest Hill Real Estate Signature
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The top reason why foreign buyers from China want to get into the Canadian housing market is education, not investment, according to data from a popular global real estate ... More

Real Estate & Mortgage News

  3/7/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Vacancy rates are tight across Canada as residents find themselves priced out of the housing market.

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  3/6/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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The government remains “very focused” on monitoring the Canadian housing market, Finance Minister Bill Morneau said. His remarks come amid rising prices in Toronto ... More

Real Estate & Mortgage News

  2/27/2017 | Posted in Foreign Buyers by Forest Hill Real Estate Signature
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One puzzle around the run-up in Canadian home prices is the extent to which foreign money is the driver. The idea is that rich people from places like China are buying up homes ... More

Real Estate & Mortgage News

  2/19/2017 | Posted in Foreign Buyers by Forest Hill Real Estate Signature
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Chinese influence on Canada’s real estate market may be coming to an abrupt end due to new rules that lock their funds.

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Real Estate & Mortgage News

  2/15/2017 | 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 down slightly in January 2017 on a month-over-month basis.

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Real Estate & Mortgage News

  2/14/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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In January, the Teranet–National Bank National Composite House Price Index™ was up 0.5% from the previous month, matching the largest January increases in the ... More

Real Estate & Mortgage News