CMHC tries to slow booming housing market
Queen’s University real estate expert John Andrew is available to comment on the Canadian Mortgage and Housing Corp. making changes to slow the booming housing market.
The CMHC expects to increase mortgage insurance over the next few years at only a fraction of the pace seen recently. The government is working to shift more of the onus for bad mortgages away from taxpayers and back to the banks as tensions rise over mortgage rates.
Dr. Andrew is a real estate professor in the School of Urban and Regional Planning professor and School of Business, and director of the Queen’s Real Estate Roundtable. He comments regularly in the media about real estate-related news.
Please note Dr. Andrew is only available for phone interviews.
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