The average CMHC mortgage (with 5% down) was $248,000 in 2013. With new rules the monthly payment would be raised by $5 a month. In other words:
HAHA we just wasted your time.
— cmhc (@FakeCMHC) February 28, 2014
Largest Housing Bubble in Canada... Except for Vancouver of Course
HAHA we just wasted your time.
— cmhc (@FakeCMHC) February 28, 2014