New mortgage stress tests are lowering millennials’ purchasing power, forcing some to lower expectations before entering the housing market. The Royal LePage report says the average millennial has a budget of just over $200,000, but that’s a third of the average Canadian home price. Realtor Dawn …
The post Many <b>Canadian</b> millennials forced into starter homes appeared first on Consumer-Mortgage.
source http://consumer-mortgage.com/many-canadian-millennials-forced-into-starter-homes/
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