 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.- V I B! H) X! D5 r
, \" Y, _ L6 ^( W( _, c" W d+ {
The changes are meant to make it tougher for buyers to qualify if they put less than 20 per cent down.
5 R2 W7 s/ u* Z3 j F% l/ Z. v. ^
% i! O5 ^+ C$ j' [1 U5 TPrior 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 $320,000 home.
% `3 H# e% q# ^- t" j$ c5 u+ I& C: r# s q6 Y
First-time buyers, single-income earners take biggest hit with new mortgage rules. Z* i! g( I4 \) T$ g: ]$ Y; e( A6 Q
CMHC to issue 1st 'red' warning on Canadian housing market9 ?/ ]4 {5 W6 H' i; \6 T
Mortgage 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.
( {5 z* t& H% T5 g1 p
% g. H f! h8 h% Y) A% U/ W V8 Y"In a real estate market that's struggling to recover already, it could have a very negative impact on that market," Kinch said." F A j6 ] [! C
) C+ y! R2 q8 ZWait and see what happens
/ w7 m# u; c: G3 z# X, S/ M7 d+ |$ a5 S) @
Natalie 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.
% \+ R5 m5 T0 g: V- u* l# y% j0 C p; e
"It could be advantageous for us to wait and just see what happens to the market in six months," she said.
. C5 C; v& r( K5 c) w1 h- J6 w# M Z2 M1 X4 J& Y; R3 u _
The Canada Mortgage and Housing Corp. issued its first ever "red" warning on Monday, referring to real estate affordability issues spreading beyond Vancouver and Toronto.8 i0 \: R8 p9 I; I0 c$ _
- V0 s) V. S! z! S1 ^. x! e
"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.! h, J* n- `# P* R4 y
3 X+ @4 Q4 i. s. p* BKinch 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
