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The Canadian assignment market, once favorable to investors, has undergone a drastic shift this year, placing challenges on closing deals. The transition toward a buyer's market has slowed transactions across major cities like Vancouver, the Fraser Valley, Toronto, Ottawa, and Halifax, mainly attributed to rising interest rates and declining property prices. As a consequence, the assignment market has become more rigid, making it harder for real estate investors to secure profitable deals.
Read the full article on: REAL ESTATE MAGAZINE