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Canada’s Mortgage Stress Test Starting to Reflect in Data

There’s a clear shift underway in the Canadian housing market. After years of borrowing and runaway price inflation, regulators seem content to shift course, at least for the time being. It was just a few weeks ago when CIBC announced they were expecting a 50% decline in new mortgage originations later this year. Now, RBC […]

The post Canada’s Mortgage Stress Test Starting to Reflect in Data appeared first on Vancity Condo Guide – Steve Saretsky.

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