 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.& a4 N/ z: ~6 d5 [$ r: b4 Z
" `; _2 ^- ?+ ?* n4 W% b, K
The changes are meant to make it tougher for buyers to qualify if they put less than 20 per cent down.
. e0 ~" |+ o T" q
0 O5 S% \( R/ I2 h! t% W, b+ {0 N: gPrior 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 $320,000 home./ S3 |7 E6 o; u, b; ^* Q
i" z7 U$ p, n/ D, b4 nFirst-time buyers, single-income earners take biggest hit with new mortgage rules4 @7 Y: G, Q% F* {
CMHC to issue 1st 'red' warning on Canadian housing market; g1 }+ L/ W* H( U9 W0 ?
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.
: ]$ a* g! D) Y' f& ]
2 H" Y! b! L; h8 v j6 ["In a real estate market that's struggling to recover already, it could have a very negative impact on that market," Kinch said.2 C% Y" V4 @6 I% W
# |# d: K9 O6 w) f
Wait and see what happens, ]: l. W1 b ]7 ?* T+ G! c: z/ _
! i# k2 V0 `" U( a$ T
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.: K0 R4 U$ S8 V8 X/ h
& p" H$ z \' O4 R
"It could be advantageous for us to wait and just see what happens to the market in six months," she said.
6 `0 E2 s0 Q' l( C' I9 B. I5 y+ T3 ^0 [( x
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.& o. h; ?( P/ I, {, }" [
' Z/ I' |) l: x/ N! k+ W
"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.
m% x# {7 V; }, y0 W6 Q% z2 x( S- k3 Z! `" ?) ]! l5 k6 v( d
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
