Real Estate News, Articles & Corporate Announcements

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

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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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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

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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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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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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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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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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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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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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

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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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8/8/2018 | Posted in Ontario Real Estate by Forest Hill Real Estate CENTRAL
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Parents re-entering the market after their children stayed home longer than normal, survey says.

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8/3/2018 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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Toronto Real Estate Board President Garry Bhaura announced strong growth in the number of home sales and the average selling price reported by Greater Toronto Area ... More

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7/30/2018 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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Haider-Moranis Bulletin: For Canadian homebuyers, the only numbers that matter are local.

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7/30/2018 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
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The GTA new homes market is still all about condos even as prices rise while single-family home prices ease.

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7/27/2018 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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Canadians spent nearly $78bln on renovations last year, but a slower sales cycle could impact that figure.

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7/27/2018 | Posted in Toronto News by Forest Hill Real Estate CENTRAL
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Toronto has added the most technology jobs in the past five years and has the fourth best technology talent market in Canada and the U.S., according to a new report.

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7/26/2018 | Posted in Commercial Real Estate by Forest Hill Real Estate CENTRAL
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Toronto’s industrial sector has a vacancy rate of 0.7%, according to Colliers International, bespeaking a thriving economy.

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7/25/2018 | Posted in Ontario Real Estate by Forest Hill Real Estate CENTRAL
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While the Toronto residential market has seen the median cost of its housing shrink in Q2 2018, price growth accelerated in other major Ontario locales such as Kitchener, ... More

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7/20/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
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With detached family homes few and far between in Canada's major housing markets, these trends may leave new homebuyers in a lurch.

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7/19/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
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Canada Mortgage and Housing Corp. is making changes intended to make it easier for the self-employed to qualify for a mortgage

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7/18/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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A reverse mortgage can be a solution for some cash-strapped retirees, but it comes at a steep cost.

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7/16/2018 | Posted in Commercial Real Estate by Forest Hill Real Estate CENTRAL
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Investors seem unruffled by anxieties over the global economy and cross-border trade wars.

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7/16/2018 | 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 May to June 2018.

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7/16/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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Canadians divided, even as interest rates appear set to rise according to a recent CIBC poll.

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7/14/2018 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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The headlines about Toronto’s real estate market might not be favourable these days, yet they’re a little misleading.

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7/13/2018 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
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Condo investors in the Greater Toronto Area are seeing strong gains in rents according to a new report.

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7/12/2018 | Posted in Canadian Economy and Housing Market by Forest Hill Real Estate CENTRAL
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With debt levels disconcertingly high, there could be ramifications to yesterday’s interest rate hike.

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7/12/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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As the Bank of Canada raised key interest rates to 1.5 per cent (up from 1.25 per cent) Wednesday morning, mortgage rates are already rising as well.

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7/11/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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The Bank of Canada today increased its target for the overnight rate to 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ... More

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