4/16/2019 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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CIBC economist says regulators need to revisit rules that have made it harder to get a mortgage.

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Real Estate & Mortgage News

  4/15/2019 | 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 edged higher in March 2019 after having declined sharply the ... More

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  4/15/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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It was the sixth consecutive decrease for the Teranet-National Bank HPI

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  4/11/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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While this season usually brings a wave of interested buyers, economists wonder if we’ll see a spring thaw in the market this year.

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  4/1/2019 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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The start of 2019 saw an uptick for Canada’s construction sector as both residential and non-residential posted gains; and a stronger showing for real estate ... More

Real Estate & Mortgage News

  3/25/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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New measures for first-time home buyers could keep Canada’s housing market at cooler levels until autumn, according to a report by Royal Bank of Canada.

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  3/15/2019 | 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 dropped sharply from January to February 2019.

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  3/14/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Canadian home values fell last year for the first time in three decades amid falling prices in some of the country’s priciest markets, even as debt burdens ... More

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  3/13/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Canadian home prices fell in February for the fifth straight month as most major markets weakened, data showed on Wednesday.

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  3/12/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Here are four record-breaking phenomena that suggest we have reached a real turning point in Canadian real estate.

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Real Estate & Mortgage News

  3/10/2019 | Posted in Canadian Economy and Housing Market by Forest Hill Real Estate CENTRAL
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Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says.

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  3/6/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Homeownership rates in Canada remain among the highest in the world despite housing affordability concerns across the country, according to the Royal Bank of Canada (RBC).

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  2/28/2019 | Posted in Canadian Economy and Interest Rates by Forest Hill Real Estate CENTRAL
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Capital Economics predicts that The Bank of Canada will cut its key lending rate in December as a weakening housing market and oil sector headwinds drag GDP growth back below ... More

Real Estate & Mortgage News

  2/27/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Here's what it takes to buy an average-priced home in Canada's major cities — and how choosing a 30-year mortgage would change that.

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  2/26/2019 | Posted in Canadian Housing Market Predictions by Forest Hill Real Estate CENTRAL
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What the coming months hold for buyers, sellers, homeowners and investors.

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Real Estate & Mortgage News

  2/26/2019 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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Ten per cent of Canadians no longer qualify for a mortgage with banks.

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Real Estate & Mortgage News

  2/23/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Canada's once-roaring housing market has been tamed, according to the latest Reuters poll of analysts who predict house prices will rise nationally and in key urban hot ... More

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  2/22/2019 | Posted in Ontario Real Estate by Forest Hill Real Estate CENTRAL
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Ontario was the epicentre of Canadian home price growth in the past 5 years, according to a new analysis.

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  2/22/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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While a decline in sales in January 2018 was expected, the decline this January was disturbing.

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  2/22/2019 | Posted in Interest Rates by Forest Hill Real Estate CENTRAL
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Stephen Poloz says the upward path for interest rates is 'uncertain'.

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Real Estate & Mortgage News

  2/15/2019 | 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 in January 2019 were up from the previous month but remained below levels ... More

Real Estate & Mortgage News

  2/14/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Canadian home prices fall for fourth month led by weakness in B.C., Alberta. The Teranet–National Bank National Composite House Price Index was down 0.1 per cent ... More

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  2/11/2019 | Posted in Commercial Real Estate by Forest Hill Real Estate CENTRAL
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The total value of building permits issued by Canadian municipalities was up 6% (month-over-month) in December to $8.8 billion, with multifamily and commercial intentions ... More

Real Estate & Mortgage News

  2/8/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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The country’s overall real estate market remains “vulnerable” despite an easing in overvaluation in cities like Toronto and Victoria in the third quarter, ... More

Real Estate & Mortgage News

  2/7/2019 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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The federal government appears to be considering a budget announcement that would allow first-time homebuyers to obtain 30-year insured mortgages, up from the 25-year limit ... More

Real Estate & Mortgage News

  1/17/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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In the not so distant past, Canadian contractors were building more single-family homes than multi-family homes, such as condo apartments.

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  1/15/2019 | 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 posted a fourth-straight monthly decline in December 2018.

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Real Estate & Mortgage News

  1/15/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Teranet-National Bank index down 0.3% in December.

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Real Estate & Mortgage News

  1/14/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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Canada’s home prices increased 4% year-over-year in the fourth quarter of 2018, a sign of the market recovering from “the most significant housing correction” ... More

Real Estate & Mortgage News

  1/9/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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The trend in housing starts was 206,981 units inDecember 2018, compared to 212,338 units in November 2018, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News