News Formal

Trudeau’s new housing measures could end up crushing sales in an already depressed market

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 80%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Help for first-time homebuyers doesn’t come into effect until the fall, meaning some might hold off on jumping into real estate until they can take advantage

New measures for first-time home buyers could keep Canada’s housing market at cooler levels until autumn, according to a report by Royal Bank of Canada.

The delayed purchases might further dent an already weakened housing market. Home sales across the country have been dismal in recent months, falling 9.1 per cent in February to the lowest level since 2012, and the slowdown is widespread across Canadian cities.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Do you want the government (public purse) 10% invested in overpriced homes?

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canucks looking for more defensive help in NCAA market - TSN.caThe Vancouver Canucks are looking to dive into the college free agent market for defensive help. General manager Jim Benning told the Vancouver Province on Thursday that the Canucks are keeping an eye on the College playoffs.
Source: TSN_Sports - 🏆 80. / 51 Read more »