Steve  Devisser

Steve Devisser

Sales Representative

City Brokerage

Mobile:
905-537-4357
Office:
289-389-2323 ext. 221
Email Me
Steve  Devisser

Steve Devisser

Sales Representative

City Brokerage

Mobile:
905-537-4357
Office:
289-389-2323 ext. 221
Email Me

CMHC changing lending criteria

These are not huge changes for most buyers and home owners but they are worth noting.

Also worth noting is the reference to a 9-18% drop in values.

RBC Senior Economist Robert Hogue addressed this with the opinion 

that Hamilton and smaller communities surrounding large cities 

are likely to see a much smaller decrease in value, if any. 

I am adding my opinion to the "if any" because we already have a line up of buyers and, we

could easily see buyers who are unsuccessful in Toronto, Oakville, Mississauga, Burlington

head our way for "more affordable housing".

CMHC Press Release

Steve

 

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Sample VR Tour - Click here!

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Steve Devisser / Salesperson - Cell 905 537 4357

Selling your house or Condo? Call me.

City Real Estate Brokerage

793 Main Street East, Hamilton, ON L8M 1L5, Canada

Office Phone: 289-389-2323 ext. 221

 

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