 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.! \: r" }3 Q h, M6 N1 I
" s: p5 z' i7 O5 g, w8 JThe changes are meant to make it tougher for buyers to qualify if they put less than 20 per cent down./ d& _# ` k& S: W
6 P0 q0 w; C8 J6 e7 u5 u
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 $320,000 home.: V# C- Q- P- [# [7 P# L
" G0 C- `8 @# B9 W, ?" N- h* zFirst-time buyers, single-income earners take biggest hit with new mortgage rules" y9 j) W/ t5 g) L* @
CMHC to issue 1st 'red' warning on Canadian housing market/ w5 x* R' t* ^ |& E" b% J
Mortgage specialist Peter Kinch says under the new rules, affected buyers have about 20 percent less purchasing power which will put a downward pressure on the Canadian real estate market but he says the impact will be even greater in Alberta, where the slumping economy is already hurting house sales and prices.& ]- I$ |6 m# R# p
: i' W2 J- ^+ q/ d r' E
"In a real estate market that's struggling to recover already, it could have a very negative impact on that market," Kinch said.% [! |9 T# g( n* X% Z% D
2 w1 m0 ?; m- l+ q SWait and see what happens# d/ E% b; d: }+ k# \' f3 l1 D
4 X0 t% f& x; i9 _& f; E9 rNatalie 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.% w4 T8 G9 v$ \( T! Q, r
4 m/ ^% d! Q+ F1 d) `/ m$ r6 L
"It could be advantageous for us to wait and just see what happens to the market in six months," she said.2 e- G0 W7 z# V
L- B4 B2 ?- k0 o; IThe Canada Mortgage and Housing Corp. issued its first ever "red" warning on Monday, referring to real estate affordability issues spreading beyond Vancouver and Toronto.$ N* q" U/ M1 U' O
, d% @8 j3 m# K( D"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.- i0 Q8 O( G7 h" D( B% ~3 j$ W
# H' K: e- T1 s+ r7 {: c6 E3 q8 K! F8 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
