Business In Vancouver – Housing analysts split on effect of higher down payments

January 4, 2016

We were featured in Business In Vancouver’s latest article looking at the Canadian housing market, especially the last changes to mortgage down payments.

These changes are not good for realtors, especially those in B.C. and Alberta,” said Ryan Suchet, president of Toronto-based [sic] Capital Growth Financial Corp., a company that provides commission advances to Canadian real estate agents. “We expect to see fewer home sales and lower commissions earned in 2016 when the rules take effect.

See the full article here:  https://www.biv.com/article/2015/12/housing-analysts-split-effect-higher-down-payments/