Rely On Family Over CMHC

Homes are so costly in Toronto and Vancouver that more buyers are relying on family to meet minimum downpayments, data show. CMHC said Toronto’s share of its insurance portfolio has shrunk by half: ‘Parents and grandparents are playing the CMHC’s role.’

This content is for Blacklock’s Reporter members only. Please login to view this content. (Register here.)

Back to Top