New Stress Test Rules start Apr. 6th!! Look out housing market!

 

Hello Folks!

Welcome to a new year of housing activity in 2020! the second month has not ended yet and the market is off to a very Hot start! Scarce new listings and an eventual easing of the stress test to mortgage qualifying will surely make this year a very active year in housing.

Multiple offers are back with a vengeance!  Some listings are receiving 10-30 offers!

Read about the new stress test rules here = {Thanks from Realosophy}

If you are thinking of listing for the spring, let me advise you that the time would be better when there is less competition and should move that timeline forward if you are able to.

Let’s talk!

Have a great month!

 

Marvin Yeung, Team Lead and Salesperson

Marvelloushomes Team, [Live Life Better ]

Keller Williams Realty Centres, Brokerage

(Each office is independently owned and operated)

Toll Free: 1-877-895-5972

marvin@marvelloushomes.ca

 

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