Real Estate News, Articles & Corporate Announcements

7/15/2019 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
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The bounce-back in single-detached home sales is contributing to an uptick in average price, with more than 50 per cent of neighbourhoods in the Greater Toronto Area reporting ... More

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8/14/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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The trend in housing starts was 208,970 units in July 2019, compared to 205,765 units in June 2019, according to Canada Mortgage and Housing Corporation (CMHC).

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8/12/2019 | Posted in Commercial Real Estate by Forest Hill Real Estate CENTRAL
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Offices and apartments were the major commercial asset investment drivers in the GTA during Q2 2019, according to Altus Group.

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8/9/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Homeownership rates are higher now than they were two decades ago according to a new analysis from Statistics Canada.

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8/6/2019 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
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GTA REALTORS® reported 8,595 sales through TREB's MLS® System in July 2019. This result was up by 24.3 per cent compared to July 2018. 

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8/2/2019 | Posted in Financial Health by Forest Hill Real Estate CENTRAL
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The average Canadian household paid nearly $40,000 in taxes last year, more than the combined cost of clothing, food and shelter, according to a new report.

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8/2/2019 | Posted in Canadian Economy and Housing Market by Forest Hill Real Estate CENTRAL
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Here’s a look at how lower rates south of the border could ripple through our country, according to five experts.

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8/2/2019 | Posted in Recreational Properties by Forest Hill Real Estate CENTRAL
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There are few things more Canadian than a weekend at the cottage, but given the leisure property’s appreciation potential, shielding it from capital gains taxes is ... More

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7/31/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Housing in Canada is in “well-balanced territory” after a government tightening of mortgage-lending rules intended to cool a market that had become overheated, ... More

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7/29/2019 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
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The market for condo apartments remained strong in the Greater Toronto Area in the second quarter.

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7/28/2019 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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Strange Things: Canadians can now get a lower interest rate on a new mortgage by locking into a fixed rate, rather than opting for a variable rate.

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7/24/2019 | Posted in Commercial Real Estate by Forest Hill Real Estate CENTRAL
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The Greater Toronto Area’s surging industrial property market is largely impelled by sustained demand for e-commerce and logistics facilities.

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7/24/2019 | Posted in Recreational Properties by Forest Hill Real Estate CENTRAL
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RE/MAX survey finds 74% of regions are seeing an uptick in prices

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7/21/2019 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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The Bank of Canada's rate used by mortgage stress tests to determine whether would-be homeowners can qualify has dropped for the first time in three years.

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7/19/2019 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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Toronto has been ranked as Canada’s most attractive city to move to, according to a survey from finance planning website Finder.com.

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7/18/2019 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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The Ontario Real Estate Association is calling for less stringent mortgage rules in a rebuttal aimed at the head of the Canada Mortgage and Housing Corp.

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7/18/2019 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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Those renewing or about to renew their mortgages can breathe a sigh of relief: The era of higher interest rates appears to have been short-lived.

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7/18/2019 | Posted in Commercial Real Estate by Forest Hill Real Estate CENTRAL
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Relative to the sizes of their respective markets, new office building construction in Canada is at a pace nearly twice that in the United States, according to a recent report ... More

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7/17/2019 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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An increasing number of homeowners turned to alternative lenders last year, while new mortgage growth reached its slowest pace in more than a quarter of a century amid ... More

Real Estate & Mortgage News

7/15/2019 | 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 little changed in June 2019 from the previous month.

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7/15/2019 | Posted in Commercial Real Estate by Forest Hill Real Estate CENTRAL
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Commercial real estate in the Greater Toronto Area saw a slower pace of activity in the second quarter of 2019 compared to a year earlier.

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7/15/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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The price of a Canadian home increased a modest 1.1 per cent in the second quarter of 2019, largely due to price appreciation in Ontario.

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7/15/2019 | Posted in Commercial Real Estate by Forest Hill Real Estate CENTRAL
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Demand for offices in Toronto and Vancouver has squeezed the vacancy rates of both, making them the joint tightest markets in North America.

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7/12/2019 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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Amid sustained high levels of demand, condos continued to be the fastest appreciating residential property type in the Greater Toronto Area according to a new report.

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Real Estate & Mortgage News

7/11/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Canadian housing starts trended higher in June, primarily due to higher trending row and apartment starts, in urban areas.

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7/10/2019 | Posted in Canadian Economy and Interest Rates by Forest Hill Real Estate CENTRAL
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The Bank of Canada is keeping its trend-setting interest rate steady at 1.75 per cent in a decision widely expected by economists.

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7/9/2019 | Posted in Toronto News by Forest Hill Real Estate CENTRAL
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U-Haul’s annual migration trends report for 2018 shows more people are moving to Toronto.

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7/9/2019 | Posted in Commercial Real Estate by Forest Hill Real Estate CENTRAL
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The shift towards flexible working has been changing the demand of office tenants over recent years and a new report shows the strength of ... More

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7/5/2019 | Posted in Rental Market by Forest Hill Real Estate CENTRAL
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The strength of the economy and labour market in the Greater Toronto Area is boosting rental activity.

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Real Estate & Mortgage News

7/4/2019 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
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Greater Toronto Area REALTORS® reported 8,860 sales through TREB’s MLS® System in June 2019, representing a 10.4 per cent ... More

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