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

  8/17/2017 | 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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  8/16/2017 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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Home sales in the Greater Golden Horseshoe just saw the smallest decline since Ontario’s housing clampdown, suggesting the market may be stabilizing.

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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

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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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  8/8/2017 | 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

  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

  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

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  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

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  6/14/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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The chief economist of the Canadian Real Estate Association says homeowners in the Greater Toronto Area should brace themselves for a possible tax on speculative home ... 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

  6/12/2017 | 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

Real Estate & Mortgage News

  6/8/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Why sales and prices seem likely to continue to fall for at least the next two or three months.

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  6/6/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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Sales of existing homes across the Greater Toronto Area dropped a whopping 20.3 per cent in May from a year ago, while the average home price in the region fell about six per ... More

Real Estate & Mortgage News

  6/5/2017 | 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 10,196 sales through TREB’s MLS® System in May 2017 ... More

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  6/3/2017 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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The only thing increasing faster than GTA home prices is the complexity of the market. Lesser-known but very important changes are already underway that will significantly ... More

Real Estate & Mortgage News

  5/25/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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On April 20th 2017 the Ontario government introduced their Fair Housing Plan which included a 15% tax on homes purchased by foreign (non-resident) buyers. The provincial ... More

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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

  5/9/2017 | 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

  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

  4/18/2017 | 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

  4/18/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Apprehension grows over the region's steep price gains, causing many to search for property in regions beyond the GTA.

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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 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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