Sabio Law LLPBrampton, ON · February 25, 2025What are the Consequences When a Buyer Backs Out From a Real Estate Deal?
As the housing market gained momentum in late 2024, with prices increasing by 3.8% year-over-year, many buyers were drawn back into the market. However, fluctuating prices and regional variability—from Quebec City’s significant 11.3% rise to Toronto’s more modest 2.3%—mean buyers must approach transactions cautiously. While revised mortgage policies, such as expanded 30-year amortizations and higher...
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