Real Estate News

Drive until you qualify Mortgage stress test forces homebuyers further outside GTA to find house they can afford


Image by Paul Brennan from Pixabay

More than half of potential home buyers in the Greater Toronto Area (GTA) were affected by the Office of the Superintendent of Financial Institutions (OSFI) mortgage stress test in 2019, according to a survey in the yearly housing market report released by the Toronto Regional Real Estate Board on Thursday.

Continue to read on: Financial Post


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