You need to first identify the opportunity cost of holding versus selling. If you have more capital, then sitting on the property may be the better alternative if the depreciation curve has flattened. Are prices still going down? If they are, it may be best to get out while you can. If you need...

The new mortgage rules are intended to curb systemic risks from the market that would normally be kept in check by higher interest rates. Given Canada’s lackluster economy, the Bank of Canada is in no position to raise rates, which means that alternative measures are needed to ensure that the...