These new rules being rumoured will certainly make it tougher to qualify for a lot of entry level condo buyers who frequently are shopping near the top of their price range. In my opinion this doesn't make a lot of sense, as the maintenance of a home is not taken into consideration when applying for a mortgage for a freehold home. Let's imagine you purchase a freehold home at the maximum of ...
On balance, a steady year for Ottawa resale home sales
January 6, 2011 : On balance, a steady year for Ottawa resale home sales
Members of the Ottawa Real Estate Board sold 620 residential properties in December through the Board’s Multiple Listing Service® system compared with 687 in December 2009, a decrease of 9.8 per cent. The total number of residential properties sold through ...