Two Real Estate Stories in the News for Wednesday, April 25th 2018
CMHC: Canadian Real Estate Is At A “High” Degree Of Vulnerability Right Now
Canadian real estate markets are at a high degree of vulnerability, according to a Crown agency. TheCanada Mortgage and Housing Corporation (CMHC), the government agency in charge of assisting with mortgage liquidity, finished its first quarter assessment. The assessment notes a “high” degree of vulnerability for the country’s major markets. The reasons cited varied by region, ranging from overvaluation to overbuilding.
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Last resort lender keeping Canadian home buying dreams alive
Alternative lenders are playing a growing role in Canada’s real estate market as the industry searches for new sources of financing, risk-averse banks become more picky and investors look for yield.
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Picture: Armando Arauz
Davisville Village Home Sales Statistics for March 2018
Leaside & Bennington Heights Home Sales Statistics for March 2018