It's now a bit harder to qualify for a home loan in Canada, but the attempt to cool down home buying may not have much of an effect on P.E.I.'s red-hot market.
P.E.I. home prices up 25% as supply plummets
The price of a home on P.E.I. is rising rapidly as more buyers compete for a dwindling supply, according to the April report of the P.E.I. Real Estate Association.
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