11/11/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Did you know that it’s actually less expensive to buy a home compared to a condo.

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Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

  10/2/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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The national housing agency is exploring ways to make it easier for entrepreneurs and new immigrants to buy a home by cutting some of the red tape required to prove they can ... More

Real Estate & Mortgage News

  9/13/2017 | Posted in Toronto News by Forest Hill Real Estate Signature
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The Ontario government has addressed the province’s housing supply issue by vowing to unlock provincial land for the use of housing.

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  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

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

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  8/15/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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While various quarters have cited supply scarcity as a central driver in Toronto’s long-running housing affordability issues, latest census data actually belies that ... More

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

  5/23/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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The Toronto area will need up to $150 billion in new home construction in the coming decade and most of that should be rental units, says a report from the Canadian Centre for ... More

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  5/16/2017 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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Toronto’s trying to make it more affordable to rent in one of the world’s hottest housing markets. New measures may have the opposite effect.

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  4/14/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Bank of Canada Governor Stephen Poloz has issued a warning about “unsustainable” speculation in the Toronto region’s housing market but says an interest-rate ... More

Real Estate & Mortgage News

  4/12/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Jack Mintz: If Premier Kathleen Wynne wants to score a big win with home-buying voters, why not get rid of the land-transfer tax altogether?

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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

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

  3/28/2017 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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Attention hard-pressed homebuyers: Finance Minister Charles Sousa is promising help in his spring budget to make houses and condos more affordable.

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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

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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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

  2/7/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Priced out of detached houses and other low-rise products, Toronto buyers poured into condominiums units last year to create a 10-year low in inventory, according to a recent ... More

Real Estate & Mortgage News

  1/30/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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In a report released last week, the Royal Bank of Canada cautioned that the trends and conditions in Toronto real estate point to the growing possibility of government ... More

Real Estate & Mortgage News

  1/9/2017 | Posted in First Time Home Buyers by Forest Hill Real Estate Signature
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The tightened mortgage rules introduced by the federal government last year are having a negative effect on the homebuying plans of first-time buyers.

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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

  11/23/2016 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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Over the past year, the average price of homes in Ontario has swelled by more than $88,000, translating to a growth rate of around $2,000 every 8 or 9 days.

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Real Estate & Mortgage News

  11/10/2016 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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Toronto’s hot housing market is driving residents to seek more affordable options outside Canada’s largest city, pushing demand for new properties to new highs in ... More

Real Estate & Mortgage News