Canadian Real Estate Buyers Are About To Lose 25% Of Their Buying Power

Canadian real estate buyers could lose up to 25% of their mortgage buying power in a few weeks. The Office of the Superintendent of Financial Institutions (OSFI) is currently holding public consultation on new guidelines designed to prevent people from taking on too much mortgage debt. Whether you’re for or against the proposed rules, you’re probably going to want to see how some of these change impact you. Here are some numbers for typical households in Canada’s largest real estate markets.

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