How Will CMHC's New Rules Affect You?

TORONTO, ONTARIO, October 27, 2022 – Following the ownership market as a whole, Q3 2022
condominium apartment sales were off by approximately 46 per cent compared to Q3 2021. Despite
there being substantially more balance in the market in the third quarter relative to a year earlier, the
average selling price was up year-over-year, albeit by less than the current pace of inflation.

For some people, this could be an opportunity.