Real Estate News, Articles & Corporate Announcements

4/18/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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The Bank of Canada is maintaining its trend-setting interest rate as its careful assessment of the timing of future hikes continues amid a backdrop of moderating growth.

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4/17/2018 | Posted in Financial Health by Forest Hill Real Estate CENTRAL
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Upward trend in rates would negatively impact Canadians' ability to service their debts.

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4/17/2018 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
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Sales were down almost 30%, new listings were down 11%, but the measure of GTA condos that was higher in the first quarter of 2018 was the selling price.

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4/15/2018 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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Average monthly rents in Canada’s biggest city surged 10.7% year-over-year in Q1 2018 to $2,206, according to a new report from Urbanation Inc.

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4/15/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
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A recent survey conducted found that a growing proportion of Canadian homebuyers reported feeling pinched by the stress tests which came into effect January 2018.

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4/15/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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The Bank of Canada is likely to raise interest rates twice more this year as the economy regains momentum in the current quarter but will hold them steady at its April 18 ... More

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4/14/2018 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
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Sales activity and price appreciation across the Greater Toronto Area continued to slow in the first quarter of 2018 compared to the heightened pace witnessed during ... More

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4/12/2018 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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The Teranet–National Bank National Composite House Price Index™  was unchanged in March – the first time outside a recession when the March composite ... More

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4/11/2018 | Posted in Real Estate Investments by Forest Hill Real Estate CENTRAL
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A survey of international real estate markets has put Canada in the top 5 for investors.

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4/10/2018 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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The trend in housing starts was 226,842 units in March 2018, compared to 225,804 units in February 2018, according to Canada Mortgage and Housing Corporation (CMHC). This ... More

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4/6/2018 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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The high-end of Toronto’s housing market is bearing the brunt of declines from last year’s dizzying growth, with prices falling and unit sales slumping by almost ... More

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4/6/2018 | Posted in Commercial Real Estate by Forest Hill Real Estate CENTRAL
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Commercial activity in the Greater Toronto Area increased in the first quarter of 2018.

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4/5/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
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The results of a fresh study conducted by Royal Bank of Canada showed that fully 32% of Canadians are likely to buy a home in the next two years (up by 7% from last ... More

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4/4/2018 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 7,228 residential transactions through TREB’s MLS® System ... More

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4/3/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
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The still-rising prices of homes in many Canadian markets are making homeownership increasingly unaffordable and mortgages harder to secure.

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3/26/2018 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Multiple factors including new mortgage rules and increasing interest rates made themselves felt in the Canadian housing market in February as prices declined in 7 out of 11 ... More

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3/23/2018 | Posted in Canadian Economy and Housing Market by Forest Hill Real Estate CENTRAL
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Mortgage Consumers Brace Yourselves - Chances of a hike in May rose to 82% after the data came out today.

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3/25/2018 | Posted in Canadian Housing Market Predictions by Forest Hill Real Estate CENTRAL
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Canada's housing market is getting a big helping hand from house-hungry millennials, but that will come to an end in the next several years, bringing with it an era of ... More

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3/19/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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Canada’s uninsured mortgage market reached an eight-year high in January as government steps to reduce taxpayer exposure to the housing market gain traction, according to ... More

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3/16/2018 | Posted in Commercial Real Estate by Forest Hill Real Estate CENTRAL
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Investing in commercial real estate is widely considered more trouble than it’s worth, but according to some, not only is it vastly more lucrative than ... More

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3/15/2018 | 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 declined further in February 2018.

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3/14/2018 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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The Royal Bank of Canada (RBC) expects economic growth to slow down this year amid looming interest rates hikes and lower consumer spending. Its latest economic outlook pegs ... More

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3/13/2018 | Posted in Commercial Real Estate by Forest Hill Real Estate CENTRAL
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Nine years into a bull run for the Canadian commercial real estate industry, underlying fundamentals remain so strong the end of the market cycle still doesn’t appear to ... More

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3/13/2018 | Posted in Ontario Real Estate by Forest Hill Real Estate CENTRAL
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There has been a sharp drop in sales of luxury properties in the Toronto area, but real estate agents are optimistic of improvement. This is according to a report released ... More

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3/12/2018 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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Toronto developers had one of their busiest months on record in February in another sign the condo market is alive and well in Canada’s biggest real estate market, even ... More

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3/12/2018 | Posted in Financial Health by Forest Hill Real Estate CENTRAL
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Canadians' collective household debt has climbed to $1.8 trillion as Bank of International Settlements sounds an early warning that the country's banking system is at ... More

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3/12/2018 | Posted in Ontario Real Estate by Forest Hill Real Estate CENTRAL
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A new report ranked Ontario’s largest metropolitan areas by real estate market performance and suitability for investment over the next 5 years.

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3/9/2018 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Toronto and Vancouver’s real estate markets have responded to surging prices and a growing demand for homes with a supply of new housing that is “significantly ... More

Real Estate & Mortgage News

3/9/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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The impact of the tightened mortgage rules introduced at the start of the year appears to be rising according to a recent report from RBC.

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3/7/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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The Bank of Canada maintained its target for the overnight rate at 1 1/4 per cent as expected. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 ... More

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