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

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  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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  8/18/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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A prolonged regime of low-interest rates along with a steady trend of rising incomes have more than doubled the amount that Canadians are able ... More

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

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  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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  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

  7/31/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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If the federal government forces mortgage lenders to carry more of the risk for delinquencies it could have a negative impact on the housing market and lead to an increase in ... 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

  6/19/2017 | 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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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 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

  5/25/2017 | 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

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 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

  4/10/2017 | 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

  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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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

  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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Real Estate & Mortgage News