 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.
+ z5 B" e! R! C4 u( d
; F/ {! H1 F4 F0 E4 p& hThe changes are meant to make it tougher for buyers to qualify if they put less than 20 per cent down.
* [7 W, {1 k1 p* [* `+ V; a5 B: f" L8 C
! n! p9 g1 Y% S) {6 ~. BPrior 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 $320,000 home.
1 s& G& e5 O& d0 _# ?5 v& @* `; v; k3 K
First-time buyers, single-income earners take biggest hit with new mortgage rules
v) [$ X, ^% |6 @) A+ i7 ]CMHC to issue 1st 'red' warning on Canadian housing market3 m; e9 c2 U: B1 E" g' v% m; z
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.* s6 P: x" S# \# h5 c
; b, G$ @7 ]7 [. H; Q
"In a real estate market that's struggling to recover already, it could have a very negative impact on that market," Kinch said.9 ?& p- R5 p/ F( x; E* h
) M# Y* g: m, H- g& ]
Wait and see what happens S v' ~9 K" Q
" y1 d, V9 d7 S- Q% O' q
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.
% Q. @3 _. L5 \! d) Z" U' s9 J. k! G) |( t7 p3 S5 x* |
"It could be advantageous for us to wait and just see what happens to the market in six months," she said.
* h# t4 n0 y' ?1 q6 J6 P1 t
, b8 B2 ?! A. M2 c$ v. _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.% I& }3 u' J) N1 g5 j
, D# j- i& L2 m
"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.
8 h2 c7 k. k3 p+ w8 w9 x$ x% ]7 U. U( E% Q$ D8 S7 G$ m
Kinch 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
