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New Mortgage Rules WILL Affect These Properties
Canada’s real estate market is facing significant changes with new mortgage rules taking effect on December 15, 2024. This video breaks down the key updates, including changes to stress tests, down payment requirements, and how they could shape housing trends in 2025.
From major cities like Toronto to smaller markets, these changes are set to influence buyers, sellers, and the overall market dynamics. Whether you're planning to purchase, sell, or simply stay informed, understanding these updates is essential.
#torontorealestate
00:00:00 Introduction
00:00:27 Overview of New Mortgage Rules
00:03:25 Down Payment Details
00:05:51 Top 3 Most Sold Property Types in Toronto
00:08:34 Months of Inventory by Property Type
00:10:42 Conclusion
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