Ontario’s housing market: Separating fact from fiction.

Original article via Real Estate News Exchange. Click here to read.

Much has been written in recent months about the stability of the new homes market in the Greater Toronto Area, with most news media reports confirming a precipitous decline in sale prices, the general bottoming-out of the marketplace and a widespread malaise hanging over the industry.

Indeed, first-time home buyers are complaining that gaining a foothold in the lucrative GTA property market has become far more difficult thanks to new mortgage qualification rules

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