Real Estate News, Articles & Corporate Announcements

9/20/2018 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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Toronto Home Buyers - Are You Waiting For A House Price Crash? You’ll Be ‘Disappointed,' RBC Says

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9/20/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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With new mortgage rules and higher interest rates putting the squeeze on Canadian homebuyers, some have found a new approach: Get the parents (or grandparents) to bankroll your ... More

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9/19/2018 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
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Residents in the Greater Toronto Area want more new homes and a review of zoning rules to help ease housing affordability.

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9/19/2018 | Posted in Ontario Real Estate by Forest Hill Real Estate CENTRAL
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Condominium lawyers are waiting to see how the jurisdiction of the online Condominium Authority Tribunal expands, while mediators say online dispute resolution will become more ... More

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9/18/2018 | Posted in Financial Health by Forest Hill Real Estate CENTRAL
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Data showing that interest rates are rising faster than income provide a wake-up call to Canadian consumers who are taking on unsustainable amounts of debt.

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9/10/2018 | Posted in Commercial Real Estate by Forest Hill Real Estate CENTRAL
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Investment in Canadian commercial real estate has reached a new record high, beating the previous record set in Q1 2017.

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9/17/2018 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Statistics released today by The Canadian Real Estate Association (CREA) show a small increase in national home sales between July and August 2018.

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9/13/2018 | Posted in Real Estate News by Forest Hill Real Estate CENTRAL
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Canada’s mortgage industry saw slowing growth in the second quarter of 2018 as stress tests and rising interest rates made an impact.

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9/13/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
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Rising rents is making homeownership the affordable alternative according to a new report.

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Real Estate & Mortgage News

9/9/2018 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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The Greater Toronto Area housing market continued to rebound last month with an 8.5 per cent increase in sales compared with a year ago, following a slow-down during the first ... More

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9/6/2018 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
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Toronto Real Estate Board President Garry Bhaura announced sales and price increases on a year-over-year basis in August.  Greater Toronto Area REALTORS® reported ... More

Real Estate & Mortgage News

9/6/2018 | Posted in Canadian Economy and Housing Market by Forest Hill Real Estate CENTRAL
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Moody's revises its outlook for the Canadian banking system to stable from negative, as the ratings company now sees the Canadian government less likely ... More

Real Estate & Mortgage News

9/5/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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The Bank of Canada (BoC) kept its trend-setting interest rate steady at 1.5 per cent on Wednesday but appeared to keep the door open to a possible rate hike at its ... More

Real Estate & Mortgage News

9/5/2018 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
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New condo prices are rising, a good amount of GTA residents are apparently “miserable,” and some renters are “seriously considering” moving out of the ... More

Real Estate & Mortgage News

9/4/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
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Here are some interesting data about Gen Zers and their homeownership plans and goals.

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Real Estate & Mortgage News

9/4/2018 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
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More than a quarter of properties listed for sale in the Greater Toronto Area are advertised as being vacant, up 17 per cent year-over-year.

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Real Estate & Mortgage News

8/31/2018 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Toronto is still the nation's priciest rental market, while rental rates are soaring in half of Canada's largest cities. The year-over-year numbers paint an even ... More

Real Estate & Mortgage News

8/27/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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Bank of Canada Governor Stephen Poloz has put an early stop to the debate over whether he might be persuaded to raise interest rates in a couple of weeks.

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8/24/2018 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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The Supreme Court of Canada says it won't hear an appeal from the Toronto Real Estate Board, which was trying to prevent realtors from posting home sales data on ... More

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8/21/2018 | Posted in Toronto News by Forest Hill Real Estate CENTRAL
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Toronto’s tech scene is so hot the city created more jobs than the San Francisco Bay area, Seattle and Washington, D.C., combined last year, while ... More

Real Estate & Mortgage News

8/21/2018 | Posted in Canadian Economy and Housing Market by Forest Hill Real Estate CENTRAL
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Canadians are becoming more confident in the outlook for the economy, real estate prices, and their finances.

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Real Estate & Mortgage News

8/20/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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With an economy beating expectations and a range of indicators pointing to limited excess capacity, maintaining stable inflation is likely to require further rate hikes by the ... More

Real Estate & Mortgage News

8/18/2018 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
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Home sales in The Greater Toronto Area led the increase in July, while more than half of all local housing markets reported an increase in sales from June to July.

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Real Estate & Mortgage News

8/16/2018 | Posted in Financial Health by Forest Hill Real Estate CENTRAL
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Despite rising mortgage costs, rents, and grocery bills, these were not the biggest drain on the average Canadian household income last year.

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Real Estate & Mortgage News

8/15/2018 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Statistics released today by The Canadian Real Estate Association (CREA) show national home sales were up from June to July 2018.

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Real Estate & Mortgage News

8/15/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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There was a slight decline in the volume of new mortgage loans in 2017 according to an analysis of consumer credit data from CMHC.

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Real Estate & Mortgage News

8/14/2018 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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Signs are appearing in the Greater Toronto Area that the worst of the housing correction is now over.

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Real Estate & Mortgage News

8/13/2018 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Canada is experiencing an acceleration in population growth, and that's boosting the housing market, according to a new study from Bank of Montreal.

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Real Estate & Mortgage News

8/10/2018 | Posted in Ontario Real Estate by Forest Hill Real Estate CENTRAL
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Unaffordability isn’t expected to abate in the Greater Toronto Area any time soon, but as more and more people are discovering, there are cheaper places to live slightly ... More

Real Estate & Mortgage News

8/8/2018 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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The value of Canadian building permits unexpectedly dropped by 2.3 percent in June from May on weakness in the residential sector, Statistics Canada data indicated on ... More

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