Real Estate News, Articles & Corporate Announcements

10/16/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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This demographic is likely to account for nearly 700,000 home sales over the next five years.

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10/21/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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This is the best place to start in fighting off the influence of illicit foreign money.

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10/10/2019 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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Canada’s outstanding mortgage credit load continues breaking records, reaching a new high of more than $1.59 trillion as of August, according to the country’s ... More

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10/10/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Steady demand for lower-cost housing in Toronto, Vancouver, and Montreal has impelled much-intensified condo market activity this fall, if the latest figures from these ... More

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10/21/2019 | Posted in Canadian Economy and Interest Rates by Forest Hill Real Estate CENTRAL
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The cost of living was higher across many products and services in September.

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10/21/2019 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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At present, Toronto is far more hospitable to renters than buyers, with the average surveyed rent for recently leased units increasing at the slowest rate in two years.

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10/18/2019 | Posted in Commercial Real Estate by Forest Hill Real Estate CENTRAL
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Toronto's commercial property tax rate is at “unreasonable” levels, clocking in at almost four times higher than the residential rate, according to a new ... More

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10/9/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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The pace of housing starts nationwide in September was considerably slower compared to the August output, according to new data from the Canada Mortgage and Housing Corp.

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10/8/2019 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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Toronto’s benchmark home price is edging steadily towards its historic high reached in 2017, according to the latest figures from the ... More

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10/8/2019 | Posted in New Developments by Forest Hill Real Estate CENTRAL
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The value of building permits issued by Canadian municipalities rose 6.1% to $9.0 billion in August, largely because of increases in multi-family and industrial permits. Gains ... More

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10/3/2019 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
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Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,825 sales through TREB's MLS® System in September 2019. ... More

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10/3/2019 | Posted in Rental Market by Forest Hill Real Estate CENTRAL
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Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 10,800 condominium apartment rentals through TREB’s ... More

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10/2/2019 | Posted in Canadian Housing Market Predictions by Forest Hill Real Estate CENTRAL
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Upward adjustments came amid a more relaxed B-20 stress test

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10/1/2019 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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Toronto has emerged as the world’s second most overvalued housing market on the back of low rates and supply shortages, according to UBS AG’s annual global real ... More

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9/26/2019 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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A new report from RBC Economics focuses on the rental housing deficit which is set to intensify in the coming years, especially in Toronto and Vancouver.

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9/25/2019 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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Employment figures had a major influence on the market's dynamics.

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9/23/2019 | Posted in Commercial Real Estate by Forest Hill Real Estate CENTRAL
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The cities where commercial real estate will thrive will be those that can adapt to the emerging demands of corporates and investors according to a new report.

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9/20/2019 | Posted in Real Estate Investments by Forest Hill Real Estate CENTRAL
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Surprise city makes the list.

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9/20/2019 | Posted in Commercial Real Estate by Forest Hill Real Estate CENTRAL
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The analysis forecasts Canada's industrial, office and retail sectors

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9/19/2019 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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Great News for Canadians waiting for lower rates as the effects of shrinking global economy to hit Canada as well.

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9/19/2019 | Posted in Canadian Economy and Housing Market by Forest Hill Real Estate CENTRAL
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The average Canadian household was worth less in 2018 than in the previous year.

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9/18/2019 | Posted in GTA Real Estate by Forest Hill Real Estate CENTRAL
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According to a recent BILD report, these charges make a significant impact on affordability.

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9/17/2019 | Posted in Canadian Housing Market Predictions by Forest Hill Real Estate CENTRAL
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The Liberals’ campaign promise of a new tax on foreign home buyers may not be enough to moderate a national housing market on the resurgence, observers ... More

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9/17/2019 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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Amid newfound momentum due to an upward trend in detached home sales, Toronto remains probably the best real estate investment destination in Canada, according to RE/MAX.

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9/17/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Canada’s population and employment growth, coupled with an expectation of enduring low interest rates, means home sales are forecast to improve over the next year or ... More

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9/16/2019 | Posted in Mortgage News by Forest Hill Real Estate CENTRAL
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Reverse mortgages are surging in Canada as more older people join the country’s debt bandwagon.

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9/16/2019 | Posted in Toronto News by Forest Hill Real Estate CENTRAL
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Toronto has been found to be one of the world’s best cities in terms of digital infrastructure, health care, and education.

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9/16/2019 | 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 up in August 2019.

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9/16/2019 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
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In an election announcement on Thursday, Liberal Party Leader Justin Trudeau promised to turbocharge the First-Time Home Buyer Incentive (FTHBI) for Canadians who live in ... More

Real Estate & Mortgage News

9/16/2019 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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Some millennials believe it is justifiable to lie on a mortgage application, according to a new Equifax Canada survey on mortgage fraud.

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