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As for housing in particular, Scheer has floated the idea of reviewing the mortgage “stress test” imposed by the Liberals that requires homebuyers to qualify for a higher interest rate than the.
A report on average net worth this year might show an improved picture as the stock market has recovered, housing prices are rebounding in most areas from the introduction of mortgage-curbing rules.
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In comparison, at the peak of the housing crisis in the U.S., the foreclosure rate was over 2.2 per cent. Whereas housing price escalation has been more pronounced in Ontario and British Columbia,