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CMHC Warned Buyers Not To Buy A Condo. Some Are Now Officially Underwater

Condo buyers in Canada’s largest real estate markets might be breaking a sweat. In April, Canada Mortgage and Housing Corporation (CMHC) warned first-time buyers about buying a condo at this time. Despite the warning, many went ahead and bought one in May.  If they made the minimum downpayment, there’s a good chance most of their […]

The post CMHC Warned Buyers Not To Buy A Condo. Some Are Now Officially Underwater appeared first on Better Dwelling.

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