6/1/2018 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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Spending drops as much as 25 per cent in some provinces as more homeowners focus on wear and tear.

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  8/6/2017 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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A rental suite is a great way to help homeowners meet their mortgage payments at a time when home prices are creeping ever upward in some parts of Canada.

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  10/8/2016 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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Earlier this week, Finance Minister Bill Morneau introduced tax changes that were aimed primarily at foreign investors in Canadian real estate to ensure they abide by our ... More

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  10/4/2016 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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For most people, buying a first house or condo is exciting and a big leap into adulthood. But it doesn’t take long for the cold hard reality of mortgage payments, taxes ... More

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  9/15/2016 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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Canadian household debt ratios hit a record high over the spring, according to new figures released Thursday by Statistics Canada.

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  9/15/2016 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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Good news and bad news for homeowners; low interest rates are set to be around for a while but the Canadian economy is likely to remain sluggish.

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  9/13/2016 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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A room’s size is sometimes a matter of perception, and the paint color on the walls has a lot to with that perception. Some colors can actually make a room appear ... More

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  8/25/2016 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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Canadians are borrowing more as low interest rates help drive a thirst for credit. Non-mortgage loans increased in the second quarter of 2016 according to RBC, especially auto ... More

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  6/24/2016 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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Canadian homeowners are projected to spend an average of $13,017 per household on renovations and home improvements this year, according to the latest poll by CIBC.

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  6/15/2016 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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Canadians owe $1.65 for each dollar of disposable income according to Statistics Canada with an increase in debt levels driven by mortgage borrowing.

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  5/25/2016 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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The ambitious climate change initiative proposed by Environment Minister Glen Murray and exposed by the Globe and Mail is bound to come with a hefty bill, critics caution.

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  5/3/2016 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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The Liberal government said its plans to make it easier for landlords to evict problem tenants will lead to more affordable housing, but tenants' rights groups blasted the ... More

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  3/15/2016 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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Canadian’s household debt continued its upward trajectory in the fourth quarter of 2015. The latest data from Statistics Canada shows that average debt rose by 1.5 per ... More

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  11/20/2015 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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Colourful leaves and cooler temperatures are a sign that winter is on its way. Harsh winter winds, freezing temperatures, rooftop snow and ice build-up can cause damage to your ... More

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  11/12/2015 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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Electricity prices in Ontario rose in November, pushing the average household hydro bill up by 3.4 per cent. There are some things you can do to keep your bill ... More

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  10/29/2015 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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The federal government isn't the only one spending on construction projects of late, as Scotiabank said Wednesday that Canadians will spend a record $53 billion this year ... More

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  8/13/2015 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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Canadian households are carrying more debt on average than they were last year but it is generally as the result of “good” spending. A report from mortgage lender ... More

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  8/8/2015 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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In the heart of Toronto’s overheated housing market, where the average detached home now sells for more than $1 million, Harper vowed to make life better not for those ... More

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  7/24/2015 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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Homebuyers looking for a mortgage are finding conditions are getting tougher if they are self-employed, at a time when there is an increasing number of self-employed Canadians. ... More

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  7/16/2015 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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Canada’s ageing housing stock together with influence from TV shows has led to more spending on renovations. Figures from the Altus Group show that Canadian households ... More

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  6/16/2015 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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A survey by Manulife Bank of Canada says nearly half of Canadian homeowners are taking steps to whittle down their mortgage debt, but many would be in trouble if their monthly ... More

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  5/21/2015 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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Canadian consumers may be carrying record levels of debt but they are doing so responsibly. The Fraser Institute’s Phillip Cross, a former chief economist at Statistics ... More

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  5/14/2015 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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The majority of Canadian homeowners would welcome the opportunity to lock in their mortgages for longer according to a new survey from CIBC. The poll conducted for the mortgage ... More

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  5/12/2015 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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For many Canadians the use of home equity has become the credit line of choice, replacing credit cards, and this is worrying say consumer advocates. With interest rates making ... More

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  5/8/2015 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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According to a poll released by CIBC on Thursday, Canadian homeowners plan to spend an average of $17,142 on renovations this year, with basic maintenance such as painting, ... More

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  4/13/2015 | Posted in Home Owners by Forest Hill Real Estate CENTRAL
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Whether taking on a renovation project of your own, hiring a professional or planning to redecorate this spring, here are some of the most helpful and informative books on the ... More

Real Estate & Mortgage News