 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.) |* @) T7 |: C$ r3 w
2 Z& Z: N( {/ i* h& y
The changes are meant to make it tougher for buyers to qualify if they put less than 20 per cent down." @* o, Q$ Z* }: }
4 |1 T/ e& e! V: H6 M+ o6 b CPrior 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 $320,000 home.
8 \" |0 ^: P0 H1 v6 m, n4 R; Y6 K9 {0 v5 W, v+ r
First-time buyers, single-income earners take biggest hit with new mortgage rules
5 s$ H# ?% J% t7 tCMHC to issue 1st 'red' warning on Canadian housing market6 w8 o, h1 c. a. T" ?2 x: R6 k0 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.* O/ H! p' |4 @3 |% P N
9 Y r% [1 i- Y) o1 P* I; q
"In a real estate market that's struggling to recover already, it could have a very negative impact on that market," Kinch said. B; ?( }6 V) C
) e* t! c. ], A' {Wait and see what happens
, {4 i% ]: X8 J1 B6 Y" ?, E6 Z' ?; u% A4 w
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.
) B6 n p+ [5 G. @8 L$ a6 X8 ~; k L! M. n
"It could be advantageous for us to wait and just see what happens to the market in six months," she said.
! e: ?# Z$ w/ P7 ^( e% w$ r) F) a* s+ L. G- c) g0 m+ Q' L& Y$ O4 y, |
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.9 n! u8 c i1 S
* ^' [ d3 G$ k( g) f7 o! _"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.( L" S( ?1 ^: @( |; _ e1 Z
c# C8 ]. Q6 Z
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
