New Mortgage Lending Rules Triggers Seller’s Market for Vancouver Townhouses and Condos Vancouver Townhouse Blog

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New Mortgage Lending Rules Triggers Seller’s Market for Vancouver Townhouses and Condos

“At almost $1 million less than the average detached home, there’s been a surge in demand for Vancouver townhouses and condos,” says Ariane Benjamin, realtor at vancouvertownhouse.ca. Prices for condos in Vancouver Proper just reached a benchmark price of $655,400. Couple that with the strict new mortgage rules that set a new qualifying rate for […]