THE DAVISVILLE & LEASIDE INSIDER

THE DAVISVILLE & LEASIDE INSIDER

Friday, October 21, 2016

New rules ‘not the end of the world’ in Toronto—developer

Published in mortgagebrokernews.ca
by Ephraim Vecina | 19 Oct 2016




Lamb added that instead of fleeing Toronto, first-time buyers—who are projected to be among the sectors most negatively impacted by the new rules—will simply “adjust their expectations downward,” as Toronto’s economic fundamentals are still too stable to depart from.

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