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 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

  6/12/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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The Bank of Montreal's CEO is downplaying the consequences that would come from a possible correction in house prices, saying the real estate market "essentially heals ... 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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  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

  5/11/2017 | 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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  5/11/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Toronto and Victoria, B.C. are the world’s “hottest” markets for luxury homes as investors flock to Canada for its political and economic stability, according ... More

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  5/2/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Early data suggests homebuyers in Canada’s largest city sat on the sidelines as they awaited new market cooling measures, but jumped backed into the market — albeit ... More

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

  4/19/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Three levels of government facing a red-hot housing market in the Greater Toronto Area agreed Tuesday not to introduce any measures that would further boost demand and drive ... 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

  4/8/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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From a personal finance point of view, Toronto real estate makes your head spin. Monthly price increases for resale houses in the city are amazing enough in their own ... More

Real Estate & Mortgage News

  4/8/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Interest rates, lack of supply, speculators and foreign buyers may all be contributing to rapid price growth.

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Real Estate & Mortgage News

  4/6/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Royal Bank's CEO said he's "increasingly concerned" about the Toronto and Vancouver housing markets and would welcome government intervention in the ... 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

  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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  3/31/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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With Toronto housing getting harder and harder to afford, governments are under pressure to “do something” – always a dangerous moment. Several ideas are ... 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

Real Estate & Mortgage News

  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

  3/15/2017 | 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.

... More

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

  3/7/2017 | 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

  3/6/2017 | 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

  3/3/2017 | 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 8,014 residential sales through TREB’s MLS® System in ... More

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

  2/12/2017 | Posted in Real Estate News by Forest Hill Real Estate Signature
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Canadian housing starts unexpectedly rose in January as Ontario saw a strong increase on ground breaking of new homes, suggesting home construction got off to a ... More

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