 鲜花( 14)  鸡蛋( 8)
|
A real estate expert believes the new mortgage rules that went into effect Monday will hit Alberta's market the hardest.
& M& j& b4 `, n* g z2 P' R
4 X; o2 @2 V: s" b; R) s8 z5 \The changes are meant to make it tougher for buyers to qualify if they put less than 20 per cent down." v! h# j& ~; h6 l2 B
5 b% J C) w$ {, O: q
Prior to today, an Alberta family with a household income of $80,000 would likely have qualified for a $400,000 home but now they will be approved for a $320,000 home.
/ Z4 \7 D8 d2 ]: b' N3 R- D0 F6 C5 b% X3 T" p
First-time buyers, single-income earners take biggest hit with new mortgage rules
" ~* \: \% n$ k* I( |$ @" iCMHC to issue 1st 'red' warning on Canadian housing market
L% g J" I9 l* F1 ~4 ~3 yMortgage specialist Peter Kinch says under the new rules, affected buyers have about 20 percent less purchasing power which will put a downward pressure on the Canadian real estate market but he says the impact will be even greater in Alberta, where the slumping economy is already hurting house sales and prices.
, p3 o1 Q3 \2 ?/ c: A% L
8 i, r/ ?- t+ h7 ]"In a real estate market that's struggling to recover already, it could have a very negative impact on that market," Kinch said.9 }( |) ?, u4 e: y3 P; o
2 x0 e' W4 D5 e0 z) BWait and see what happens
6 f) h: c9 w2 U/ l& n
$ W i6 k# |0 b+ bNatalie Whitney and her young family say that's what they're banking on so they've just decided to put their house hunting on hold.9 R& t7 {: `& X7 I: n! E# \& [
7 C' f1 Z5 O& L2 i"It could be advantageous for us to wait and just see what happens to the market in six months," she said.
: k" a* O# \6 ~% D. h& v# {, r$ a
$ }* B2 ~" c1 H" I* bThe Canada Mortgage and Housing Corp. issued its first ever "red" warning on Monday, referring to real estate affordability issues spreading beyond Vancouver and Toronto.
0 d+ O5 g1 W3 I& F9 h' C- i' C2 f, w+ d- a
"These factors will be reflected in our forthcoming Housing Market Assessment on Oct. 26. They will cause us to issue our first "red" warning for the Canadian housing market as a whole," CEO Evan Siddall wrote in a Globe and Mail column. A+ ]2 A% M) {: L) y6 [" M4 E
8 b$ p' ^. z) y9 _' T+ J8 r; VKinch says for buyers who can't wait, they'll either need to come up with a bigger down payment or lower their expectations about what they can afford. |
|
狗仔卡
发表于 2016-10-18 09:11
提升卡
置顶卡
沉默卡
喧嚣卡
变色卡
显身卡
楼主
