14 Apr Has the Canadian housing market finally adjusted to new mortgage rules?
Original article via BuzzBuzzHome. Click here to read.
A new mortgage stress test that came into effect on January 1 sent home sales across the country plummeting. But now that the first quarter of 2018 is behind us, is there relief in sight for the Canadian housing market?
Some signs point to yes — a flattening of prices and a small uptick in sales could mean that the worst effects of the new mortgage rules are behind the market.
To take a closer look at the issue, BuzzBuzzNews has rounded up the latest industry commentary on where the market is headed next.