8/22/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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A new report reveals Canadian sentiment about homebuying in Canada – including just how impactful the stress test might be.

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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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Finance Minister Bill Morneau says last October’s sweeping mortgage rule changes aimed at cooling Canada’s housing market have successfully dampened high-risk ... More

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  8/21/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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Cause and effect; supply and demand – the reasons for record-high new home prices in the GTA are a matter of government actions and simple economics.

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  8/20/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Mortgage rates are going up, according to a panel of experts. ... More

Real Estate & Mortgage News

  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 Home Buyers by Forest Hill Real Estate Signature
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Outdoor living is becoming increasingly popular and a new poll shows that homebuyers are willing to have less indoor space if that means more room outside.

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  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

  8/11/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Toronto in mid-August feels like a city waiting with bated breath. The real estate market is drowsy and buyers and sellers are anxious to ... More

Real Estate & Mortgage News

  8/9/2017 | Posted in Mortgage News by Forest Hill Real Estate Signature
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The number of new mortgages continued higher in 2016 but the share of first-time buyers slipped, CMHC says. The crown corporation reports that there were just over 1 ... More

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  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

  8/6/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Home buyers in Toronto and some of the surrounding areas appear to be testing their mettle again after spending a few weeks on the sidelines. It’s too soon to tell ... More

Real Estate & Mortgage News

  7/31/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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A home is the largest purchase most people will make in their lives. That should reinforce the importance of planning ahead, doing your ... More

Real Estate & Mortgage News

  7/28/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Canada’s economy accelerated far more than expected in May amid growth in the energy and manufacturing sectors, pointing to solid momentum in the second quarter ... More

Real Estate & Mortgage News

  7/12/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Central Bank raised its new target for the overnight rate to ¾% today, citing a confident financial outlook and above-potential ... More

Real Estate & Mortgage News

  7/6/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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Toronto Real Estate Board President Tim Syrianos, in his first release as TREB President, announced TREB residential MLS® sales, listings and price statistics for ... More

Real Estate & Mortgage News

  7/6/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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New statistics released by the Toronto Real Estate Board once again confirm everyone didn't just wake up to a shortage of land overnight.

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Real Estate & Mortgage News

  6/30/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Canada’s economy grew for a sixth consecutive month with gains in a majority of industries, underlining the central bank’s view a durable recovery from an oil shock ... More

Real Estate & Mortgage News

  6/22/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Homeowners with variable rate mortgages losing sleep over the increased chatter about a potential interest rate hike by the Bank of Canada should consider locking their rates ... More

Real Estate & Mortgage News

  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

  6/7/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Is that for real? Toronto may soon become a buyer's market, according to RBC.

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Real Estate & Mortgage News

  6/7/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Even after getting family help to make a down payment on a home, first-time buyers still worry about their financial situation, according to a new survey from ... More

Real Estate & Mortgage News

  5/30/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Costly repairs could be awaiting homebuyers as a new survey shows that owners may be missing some important factors when renovating or carrying out maintenance.

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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

  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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Real Estate & Mortgage News

  4/27/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Toronto real estate buyers scrambling to get in the market are increasingly taking out high-ratio mortgages, with far too little income.

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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

  4/24/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Many millennials face the understandable apprehension that they may never be able to afford a home in a market that’s continually surging to new heights.

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Real Estate & Mortgage News

  4/13/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Almost 1 in 4 homebuyers is buying on their own, often due to unexpected life changes. A new survey from TD found that 69 per cent of divorced and 35 per cent of widowed ... More

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