Tighter mortgage controls unlikely to hinder local market

Is the Canadian housing market overheating? The Canada Mortgage and Housing Corp. (CMHC) thinks so, and this week, the federal government institution moved to tighten loans on new mortgages. Meanwhile, the housing market is booming, with Toronto and Vancouver seeing a 16 per cent increase in July co

Last updated on May 04, 23

Posted on Aug 09, 13

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