What You Need to Know: Changes to Canada's Mortgage Stress Test

Effective 6 April 2020, the federal government is changing the stress test for insured mortgages. The new minimum qualifying rate will be the weekly median five-year fixed contract mortgage rate plus 200 basis points, increasing buying power by 2.7% for impacted borrowers. 

Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.

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The rennie review is a monthly publication which includes the latest real estate data for the Vancouver Region's housing market. In addition to presenting detailed neighbourhood-level stats, the rennie review also includes current rennie projects, featured listings, client testimonials, our take on…

Matthew Lee
RENNIE ADVISOR
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Benchmark prices increased in the Vancouver Region for the second consecutive month, even as borrowing costs remain elevated. The enduring sellers’ market reflects increasing sales counts against a backdrop of stagnant inventory.

Matthew Lee
RENNIE ADVISOR
intelligence

Twice a year, rennie intelligence produces the rennie landscape, which tracks a variety of demographic and economic indicators that directly and indirectly influence our housing market here in Metro Vancouver. Our goal is to provide our community with a basis for evaluating the trajectory of the fa…

Matthew Lee
RENNIE ADVISOR