The market for 2011 slowed substantially since March due to the previously mentioned factors. As of mid March you can no longer have a CMHC insured mortgage with a 35 year term, it is now 30 years maximum. We had a election which always causes a hesitation in the market and last but not least, now we have people waiting to see the results of the HST vote. These factors may coupled with summer may dampen our market through until September.
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