10/10/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Conventional economic factors including population, incomes and borrowing costs accounted for less than half of the 40% surge in Toronto home prices between 2010 and 2016, ... More

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  8/25/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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The basic lesson: A property is worth what a buyer is willing to pay

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  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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  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

  6/21/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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Internal mid-month statistics for June from the Toronto Real Estate Board show average prices in the Greater Toronto Area shed almost 6.4 per cent in just two weeks with sales ... 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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  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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  4/5/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 12,077 residential sales through TREB’s MLS® System in ... More

Real Estate & Mortgage News

  3/27/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Toronto’s housing market is likely to stay strong for the rest of the year, with home prices jumping as much as 25 per cent, amid hints that speculators are fuelling ... More

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  3/22/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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The ever-rising home prices in Toronto are set to gather pace and require policy measures to curb speculation according to economists.

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  3/22/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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In the first two months of 2017 there were 2,876 such sales, up from 1,548 in the same period of 2016, a top real estate brokerage reports.

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  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

  3/14/2017 | 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

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  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 Ontario Real Estate by Forest Hill Real Estate Signature
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The continued boom in the housing market in the Greater Toronto Area continues to push other Ontario markets higher.

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Real Estate & Mortgage News

  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

  3/5/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Add Canada’s largest bank to the growing chorus of lenders worrying about unsustainable price growth in Toronto. Sparking speculation that further mortgage rule ... More

Real Estate & Mortgage News

  2/24/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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A new record has been set in the Greater Toronto Area with the average single-family ground-oriented home now surpassing $1 million, the Building Industry and Land Development ... More

Real Estate & Mortgage News

  2/17/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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Well, this may be the first time in recent memory a big bank economist has used the feared B-word in relation to real estate. Bubble.

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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

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  2/9/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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A study commissioned by the Toronto Real Estate Board considered the impact of GO’s Regional Express Rail expansion on Toronto region housing prices and ... More

Real Estate & Mortgage News

  1/29/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Supply of new low-rise homes in the city have declined so dramatically in the past decade that some projects are selling out just hours after launching, builders say.

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Real Estate & Mortgage News

  1/11/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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The $1-million club isn’t so exclusive any longer, as a record number of homes sold for at least that much in the Greater Toronto Area last year.

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Real Estate & Mortgage News

  1/4/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Amid crucial political developments worldwide and the passage of federal measures intended to improve affordability, 2016 has proven to be a year of flux for the Canadian ... More

Real Estate & Mortgage News

  1/3/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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A number of critics would have us believe that Ontario’s land-use legislation is the top culprit for rising house prices in the Greater Toronto Area – namely the ... More

Real Estate & Mortgage News

  12/30/2016 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Whether you are looking to buy or deciding if this is the year to sell, the question on many minds both at home and abroad is, "Will Canadian real estate keep ... More

Real Estate & Mortgage News

  12/23/2016 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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Home prices in the Greater Toronto Area continued to rise to unprecedented levels in November, the Building Industry and Land Development Association (BILD) says.

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Real Estate & Mortgage News

  12/14/2016 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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In November, the Teranet–National Bank National Composite House Price Index™ was up 0.2% from the previous month, slightly more than the average November rise of ... More

Real Estate & Mortgage News

  12/8/2016 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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High demand and low supply continued to characterize Vancouver's and Toronto's housing markets throughout 2016 as competition from buyers for limited inventory of ... More

Real Estate & Mortgage News

  12/2/2016 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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House hunters in the Toronto region paid about $144,000 more - about 23 per cent more - to purchase a home this November than those who bought the same month last year, ... More

Real Estate & Mortgage News