The tougher new rules on mortgage lending are aimed at protecting lenders and borrowers; the federal government wants to make sure borrowers can afford a potential rate hike. Some will be hit harder than othersVancouver real estate agent Chris Ryan says the new rules will hit some local buyers harder than others. Vancouver Real Estate Agent Chris Ryan says the new rules will affect the market and says its hard to predict how. "Homes that don't have suites or laneway houses, I believe those are going to become a little bit less desirable," Ryan said. Real estate experts say the demand for attached homes like condos and townhouses will go up.

Source: CBC News January 01, 2018 15:00 UTC