 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.
H9 e. _' g( ~$ d) w0 b6 q
5 [- P7 J) J; n- O3 yThe changes are meant to make it tougher for buyers to qualify if they put less than 20 per cent down.
+ Y. F. d) x) F" H. t' m
8 I* p6 j5 J8 d/ xPrior 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 $320,000 home.
1 F' G1 \7 m: M: ~# b& A0 f4 Q9 S' s6 O% K& h( R
First-time buyers, single-income earners take biggest hit with new mortgage rules
D7 V( @, \8 W$ X" z$ HCMHC to issue 1st 'red' warning on Canadian housing market
* C+ f9 ?: X) _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.% [: \( T% Z: w7 N l* e
; L* @9 H( a* i* @"In a real estate market that's struggling to recover already, it could have a very negative impact on that market," Kinch said.3 Z# \6 N. k6 f# t5 A! v
8 |8 @7 y, \5 R2 ?* SWait and see what happens! L4 n6 R2 A L0 D) C" b; b
! Z7 T5 b6 N# P* T' I5 U: q: gNatalie 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.
) c# d: B2 F. F- F I* b, @5 C) M% `( y, i7 P8 K' y
"It could be advantageous for us to wait and just see what happens to the market in six months," she said.
" a2 u9 F9 ?4 j. V) w
3 [9 I8 w& f) {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.! E! @& N8 {0 i5 i
J. M5 z% E: o5 C! k: w1 v( K"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 w" d3 @1 j! u8 z- G) `! V, {
% x @* b, B! z, i" }" S. nKinch 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
