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-   -   They purchased homes right before the real estate downturn. Now, they're struggling to close (https://forums.calgaryn.com/showthread.php?t=8091746)

news 12-19-2022 08:10 AM

They purchased homes right before the real estate downturn. Now, they're struggling to close
 
A group of Ontario residents who purchased pre-construction homes in Brampton at the peak of the recent real estate frenzy say they're now struggling to close on their deals because of a perfect storm of rising interest rates, falling home prices and stricter federal mortgage rules.


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