 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.$ y3 }( @0 m2 D: r5 ?3 R. G- r
. T8 k) `' ~& R; vThe changes are meant to make it tougher for buyers to qualify if they put less than 20 per cent down.
# A% x0 b) N8 L5 m, q3 p6 y- G
7 c3 V4 M) C; @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 $320,000 home.6 E* b" l! X7 g) N2 J
( B+ c6 l% L# n5 E
First-time buyers, single-income earners take biggest hit with new mortgage rules# u% O' z- A2 x% p: r
CMHC to issue 1st 'red' warning on Canadian housing market
+ e# \8 l1 A. p; D1 u4 F5 jMortgage specialist Peter Kinch says under the new rules, affected buyers have about 20 percent less purchasing power which will put a downward pressure on the Canadian real estate market but he says the impact will be even greater in Alberta, where the slumping economy is already hurting house sales and prices.
) e; [1 m$ v' \. ]# A7 p
8 H. p+ @3 a! y7 K"In a real estate market that's struggling to recover already, it could have a very negative impact on that market," Kinch said.5 U2 b# i3 h5 ?# k% w8 m ~
( \8 }; i/ S' x/ P& Q; t
Wait and see what happens; b2 x9 E+ l; n. ^$ L: @
4 Z+ R$ f& A' C: g. F/ G7 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.. Z+ h; W3 a' R1 z/ \
( O6 Z# s4 A" T6 g! g: F; e
"It could be advantageous for us to wait and just see what happens to the market in six months," she said.
( P4 ]5 U: H$ r2 _& m
0 B, L' \' i, P0 E8 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.
- @; Y6 a( _9 z/ O) f
" i6 ]6 I0 W. P"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.
) e' e2 m, J9 B( W; p+ w: Y. d/ E
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
