Tag: Affordability

Price levels impede activity in townhouse markets

A sustained elevation in residential prices has slowed down new townhouse sales in Canada’s top markets, according to the latest market analysis by the Altus Group.

This has become especially evident in markets where significant numbers of buyers are moving away from single-detached properties due to these assets’ pricing.

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East Coast Mortgage Brokers is Newfoundland and Labrador’s premier mortgage company. Founded in 2010, we work with Canada’s top lenders to ensure our clients get the best deal for their mortgage.