The Motria Group's Market Blog: How will the tightening mortgage laws impact the real estate market
Monday Oct 30th, 2017Share
How will the tightening mortgage laws impact the real estate market… This is an interesting question and one that many buyers and sellers are asking us. We could see a flurry of activity towards the end of the year as buyers scramble to take advantage of the old mortgage rules. Or buyers could hold off until next year and see how it goes. The market may not really change from this year to next year - could be more of the same. A bit spotty. Good product which is well priced will sell. Prices may remain fairly flat or may increase a bit. It really depends on product supply. The answer in short is just that we don’t know.