Real Estate News, Articles & Corporate Announcements

10/19/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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In its latest Metropolitan Outlook, The Conference Board of Canada noted that Toronto’s housing market will experience further cooling in 2018, after the moderation that ... More

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10/18/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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OSFI has published its update for the tightening of mortgage lending regulations known as Guideline B-20 and set the date that it will apply. 

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Real Estate & Mortgage News

10/14/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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The number of homes sold in September climbed for the second month in a row after a slowdown earlier this year that was led by a cooling in the Toronto market.

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10/13/2017 | Posted in Rental Market by Forest Hill Real Estate Signature
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Competition in Toronto's condo rental market has become so fierce that bidding wars are on the ... More

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10/13/2017 | 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 in September rose modestly from the previous month but remained down ... More

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10/12/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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In September the Teranet–National Bank National Composite House Price Index™ was down 0.8% from the previous month, the largest monthly decline since ... More

Real Estate & Mortgage News

10/11/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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A new stress test for all uninsured mortgages is unnecessary and could increase costs for homebuyers, a report by the Fraser Institute said Wednesday.

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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

10/10/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Amid steadily rising mortgage costs, prospective home buyers should brace themselves for a less friendly purchasing environment in a few months’ time, although current ... 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

10/6/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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Find out which city surrounding Toronto has the hottest real estate market that is poised for a boom.

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Real Estate & Mortgage News

10/4/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 6,379 sales through TREB’s MLS® System in September ... 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

10/2/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Individuals who take out a mortgage tend to have higher credit scores, according to a recent report by the Canada Mortgage Housing Corporation.

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Real Estate & Mortgage News

9/29/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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The latest poll by Forum Research Inc., which was conducted right after the Bank of Canada’s decision to increase its benchmark overnight rate to 1% earlier this month, ... More

Real Estate & Mortgage News

9/29/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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While plenty of homeowners, potential homeowners, and experts will disagree, Canada’s homes are not as expensive as we may think.

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Real Estate & Mortgage News

9/29/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Sixty percent of Canadian homebuyers would exceed their budget to buy a home with more than half willing to smash it by $50K!

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9/29/2017 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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In an announcement earlier this week, the government of Ontario stated that it has established a new team tasked with removing the multiple barriers to housing construction and ... More

Real Estate & Mortgage News

9/28/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Bank of Canada Governor Stephen Poloz could pause monetary tightening this year over concerns about the impact of higher interest rates for consumers holding record debts, ... More

Real Estate & Mortgage News

9/27/2017 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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In spite of recent scares regarding their values, detached houses remain the strongest real estate investment to be had in the GTA.

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Real Estate & Mortgage News

9/27/2017 | Posted in Ontario News by Forest Hill Real Estate Signature
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A large share of homeowners in Ontario are counting on home values increasing to ensure they have sufficient retirement funds.

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Real Estate & Mortgage News

9/27/2017 | Posted in Commercial Real Estate by Forest Hill Real Estate Signature
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The first half of 2017 saw a 29% increase in investment in Canada’s commercial real estate sector, a new survey from Avison Young reveals.

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Real Estate & Mortgage News

9/27/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Demand for luxury properties is up in Victoria, Calgary, and Oakville, while the urban hubs of Vancouver and the GTA saw decreased demand for luxury ... More

Real Estate & Mortgage News

9/26/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Despite rising interest rates and various policy measures implemented to slow down pricing growth, the Canadian housing market is not on track for a sharp decline. It ... More

Real Estate & Mortgage News

9/24/2017 | Posted in Financial Health by Forest Hill Real Estate Signature
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Up to a million Canadians would struggle to cope with a 1 per cent rise in interest rates with 700,000 at risk from even a 0.25 per cent rise.

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Real Estate & Mortgage News

9/26/2017 | Posted in GTA Real Estate by Forest Hill Real Estate Signature
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August may have been quiet but 2017 so far has been a strong year for new home sales in the GTA, especially for the high-rise sector.

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Real Estate & Mortgage News

9/26/2017 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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The tight Ontario rental market will worsen without increasing the units available by around 6,250 a year for a decade.

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Real Estate & Mortgage News

9/22/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate Signature
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Toronto’s condo boom is surprising many observers with its resilience even as prices of detached homes slump. However, recent interest rate hikes and rent control ... More

Real Estate & Mortgage News

9/22/2017 | Posted in Foreign Buyers by Forest Hill Real Estate Signature
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Some media outlets recently reported that interest in Canadian real estate among Chinese buyers increased 30 per cent in the first half of this year, compared to a ... More

Real Estate & Mortgage News

9/22/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Vancouver and Toronto luxury property sales should accelerate this fall after a period of relative sluggishness, according to a new report from Sotheby’s International ... More

Real Estate & Mortgage News