The Headline reads: «Competition tribunal's ruling a blow for home sales by owners» and one paragraph reads: «The ruling is a setback for Ottawa's competition watchdog, which has been pushing hard to break the real estate industry's
control over the housing market.»
The federal government and the banks hold considerable
sway over the housing market, of course; the central bank's benchmark rate is a clumsy tool for trying to moderate volatile real estate markets.
Other proponents of the deal have pointed out that it guarantees access to markets south of the border, even during downturns like the one presently
looming over the housing market.
FHA guidelinesare inclusive and accessible to many who can not qualify for conventional home loans; as the FHA marketet share of purchase mortgage loans and refinance mortgages grows, its policy decisions will have increasing
influence over housing markets and mortgage lenders.
The ruling is a setback for Ottawa's competition watchdog, which has been pushing hard to break the real estate industry's
control over the housing market.
Nottingham homeowners «in a mardy»
over housing market, but there's good news for Bristol and Brighton...