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Fed mortgage changes inject uncertainty into real estate market, CREA says

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Real Estate Professional | 17 Oct 2016, 08:15 AM Agree 0
The federal government's recent changes to mortgage lending rules have injected uncertainty into the real estate market, the president of the Canadian Real Estate Association said Friday
  • Douglas Gray TMG Ontario | 17 Oct 2016, 10:52 AM Agree 0
    It is only the struggling first time buyer effected by the new mortgage law. It will not effect the majority of buyers in the GTHA who have come to this region perhaps 20+ years ago. With upwards of 150,000 per year cont8nuing to come combined with the shortage of building lots, the prices with continue to go up.
    Simple marketinf law regarding supply and demand.
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