9/29/2018 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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9 years salary to buy a house in Vancouver, more than 6 in Toronto.

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  7/11/2018 | Posted in Luxury Real Estate by Forest Hill Real Estate CENTRAL
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The top-tier housing markets in Toronto and Vancouver are headed in opposite directions, with fear driving Vancouver's market lower even as optimism returns to ... More

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  4/4/2017 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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The fourth quarter of 2016 saw Canadian housing costs remain at overheated levels despite the imposition of various federal and provincial measures to address the prevalent ... More

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  4/2/2017 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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Animal spirits still rule Canada’s real estate scene, working urban markets into a froth. But there are ways to tame them.

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  1/11/2017 | Posted in Toronto Real Estate by Forest Hill Real Estate CENTRAL
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The $1-million club isn’t so exclusive any longer, as a record number of homes sold for at least that much in the Greater Toronto Area last year.

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  1/3/2017 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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Canadians coast-to-coast love to talk about the cost of homes, and 2016 was a hot year for the housing market in many cities. Here’s what is likely to happen to the ... More

Real Estate & Mortgage News

  12/22/2016 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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It won’t exactly fit under the tree but holiday shopping this year appears to include real estate in Canada’s largest housing market. The traditional December ... More

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  11/11/2016 | Posted in Real Estate News by Forest Hill Real Estate CENTRAL
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The talk of an empty homes tax in Vancouver is to become a reality. The city council says that it will be introduced by January 1, 2017.

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  11/7/2016 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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Over the course of two days, real-estate sales figures for the month of October suggested a continuing boom in Toronto with a correction fully underway in ... More

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  11/1/2016 | Posted in Real Estate News by Forest Hill Real Estate CENTRAL
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Five housing markets have been identified as the ones to watch in the coming year but not all of them are listed for positive reasons.

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  10/27/2016 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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Canada’s housing agency is warning that prices are soaring in smaller communities in British Columbia and Ontario as the real estate boom in Vancouver and Toronto spreads ... More

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  10/15/2016 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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For many young professionals chasing the dream of home ownership, "I'll be renting forever" is a common lament as real estate prices in ... More

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  9/28/2016 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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One bank’s long-term forecast includes expected "gradual softening" and the possibility of further policy implementation.

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  9/27/2016 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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More and more consumers in Vancouver and Toronto are purchasing and moving to new properties even as they continue to maintain ownership of their old homes, taking advantage of ... More

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  8/28/2016 | Posted in Most Livable by Forest Hill Real Estate CENTRAL
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And brokers in those major markets, which include one that has struggled to recapture past housing glory.

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  8/26/2016 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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CIBC is confident that its mortgage book is not a huge risk even in the two hottest markets. In a conference call following the release of its third quarter earnings, the ... More

Real Estate & Mortgage News

  8/25/2016 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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Royal Bank of Canada, Canada's biggest bank, said it was closely monitoring home prices in Vancouver and Toronto after reporting slightly higher-than-expected quarterly ... More

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  7/27/2016 | Posted in Ontario Real Estate by Forest Hill Real Estate CENTRAL
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Ontario's finance minister says he will be looking "very closely" at British Columbia's tax aimed at foreign homebuyers as he looks for ways to address ... More

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  6/23/2016 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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Finance Minister Bill Morneau hinted his government will take additional steps to rein in housing prices in Toronto and Vancouver, the country’s two most expensive ... More

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  6/14/2016 | Posted in First Time Home Buyers by Forest Hill Real Estate CENTRAL
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Young Canadians are increasingly receiving help from their parents in order to become first-time buyers in Vancouver and Toronto.

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  6/10/2016 | Posted in Real Estate News by Forest Hill Real Estate CENTRAL
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The Bank of Canada is warning that the pace of house price increases in Vancouver and Toronto can't be sustained by economic ' fundamentals.'

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  6/10/2016 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
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The federal government would be better-served by encouraging the construction of new homes in Toronto and Vancouver, rather than trying to clamp down on foreign buyers in ... More

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  6/2/2016 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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The Bank of Canada is concerned that the acceleration in housing prices in Toronto and Vancouver may be partly due to purchases based solely on the expectation that prices will ... More

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  6/2/2016 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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Canadian bankers are calling on the government to take further steps to cool surging housing markets in Toronto and Vancouver.

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Real Estate & Mortgage News

  5/31/2016 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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There has been a cooling in sales activity in Toronto and Vancouver as prices have made it prohibitive for current homeowners to buy up.

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  5/9/2016 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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The engines of Canada’s already overheated housing markets do not appear to be halting any time soon, as price growth records have been shattered anew with incredibly ... More

Real Estate & Mortgage News

  4/21/2016 | Posted in Real Estate Market by Forest Hill Real Estate CENTRAL
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Vancouver and Toronto continued to see significant price appreciation in the first quarter of the year. Greater Vancouver's average residential sale price in the first ... More

Real Estate & Mortgage News

  4/7/2016 | Posted in Real Estate Investments by Forest Hill Real Estate CENTRAL
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The Crown Corporation released its latest Housing Markets Insight Report Thursday, which focuses on the foreign investment. The report found that foreign ownership is most ... More

Real Estate & Mortgage News

  4/6/2016 | Posted in Real Estate News by Forest Hill Real Estate CENTRAL
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A National Bank official said that Canada’s pool of skilled young professionals is responsible for much of the demand in the country’s urban centres.

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  4/6/2016 | Posted in Real Estate Investments by Forest Hill Real Estate CENTRAL
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Most investments in condos in Toronto and Vancouver are for long-term gains rather than making a quick buck. That’s according to a report from the CMHC which says ... More

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