Fears of Canadian Housing Market Too Hot

Despite a hefty recession, house values and new constructions have increased more than anticipated in Guelph and in Canada in general.  This is raising a lot of concerns from professionals in the industry that perhaps the housing market in Canada is inflated. Interest rates are at a record low and Canadians debt compared to their equity ownership is suffering.  

As a result many politicians are trying to push to tighten up mortgage regulations to insure we do not head down the same route as our southern neighbours.  

For more details on this click here to read an article featured in Guelph's Snap magazine.