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Friday, July 04, 2014

Recreational property undamaged by CMHC changes

Recreational property sales seem to have been unaffected by the Canada Mortgage and Housing Corporation‘s (CMHC) recent decision not to insure second mortgages, with prices for vacation homes enjoying solid increases over the past year, according to RE/MAX’s annual recreational property report released June 25.
http://www.rew.ca/news/recreational-property-undamaged-cmhc


Photo courtesy of TOURISM VANCOUVER

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Photo courtesy of CITY OF BURNABY

Photo courtesy of TOURISM NEW WESTMINSTER

Photo courtesy of CITY OF SURREY