Mahdi Mahdizadeh

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Another major housing market is reeling

May 28, 2018 by thornhill201 Leave a Comment

Businessman and businesswoman discussing at office with laptop on desk.

Many of the predictions about first-time buyers becoming excluded from the housing market because of the mortgage stress test are coming true.
As Sherwood Mortgage Group’s president told CREW late last year, Guideline B-20, as the stress test is formally known, would catalyze a decline in market activity—which has, indeed, occurred in most of Canada—and millennial-aged homebuyers would bear the brunt.[Read Me…]

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Mahdi Mahdizadeh
Real Estate on HomeLife/Bayview
505 Hwy.#7E.,#201Thornhill, Ontario
L3T 7T1

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