New mortgage rules not only solution


If there's one thing that unites the majority of Canadians, it's that we agree there's a lack of affordability when it comes to the housing markets of Vancouver and Toronto.

The federal government recently announced new measures to try and cool these hot real estate markets by increasing the minimum insurable down payment required on homes over $500,000. The change took effect Monday.

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Michael James

Michael James

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CENTURY 21 Capital Realty Inc., Brokerage*
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