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Demand for Apartment Buildings in Canada Increases Despite COVID-19

Demand for Apartment Buildings in Canada Increases Despite COVID-19

by Ashley | Mar 26, 2021 | Uncategorized

Canadian apartment building sales were trending downward last year with investors concerned about high unemployment numbers and tenants missing rent payments. However, 2021 has seen a shift in sales with demand for multi-family properties skyrocketing, despite...
New Implementation of CMHC’s use of funds restriction on multi-unit mortgage loan insurance

New Implementation of CMHC’s use of funds restriction on multi-unit mortgage loan insurance

by Ashley | Mar 25, 2021 | Uncategorized

As the COVID-19 pandemic continues to significantly impact and present new risks and concerns, CMHC has announced changes to its insurance underwriting relating to multi-unit residential properties. Starting on Thursday, May 28th Canada Mortgage and Housing...
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Mysak Realty Inc., Brokerage © 2021