The aggregate price of a home in Canada increased 2.2% year-over-year to $648,544 in the fourth quarter of 2019 as reported by the Royal LePage House Price Survey. As we have seen in the third quarter, potential buyers are continuosly coming back to the real estate market.
Buyers stayed in the sidelines during the first half of 2019, trying to guage the potential impact of the federal mortgage stress test."The federal government has signaled that changes could come to the mortgage stress test mechanism...
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