First-time Home Buyers

• Kelowna project aimed at helping first time home buyers has official groundbreaking

  On Wednesday  ground was broken on a construction project in Kelowna, which its developers hope will bridge the rental ownership gap for the younger demographic.

  Canada

  Oct 4, 2023
  
• 41 per cent of first-time homebuyers in B.C. borrow money from family: Report

  B.C. first-time homebuyers ranked number one in the country for “most worried” in regards to missing out on the home they wanted due to not having enough for a down payment saved.

  Canada

  Jun 22, 2023
  
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• Montreal home sales down 36% from January 2022: Quebec real estate association

  The association says these numbers mean activity is approaching a historic low for the month of January and come as rising interest rates are weighing on homebuyers.

  Consumer

  Feb 7, 2023
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• 63% of Canadian non-owners have ‘given up’ on ever buying a home: Ipsos

  More than 60 per cent of Canadians who don't already own a home have given up hope of ever breaking into the country's hot housing market, according to new Ipsos polling.

  Money

  Apr 29, 2022
• Upwards of 41% of housing in some provinces held by multiple-property owners

  The data's release comes less than a week after the federal government announced a slew of housing measures meant to make homes more affordable for first-time buyers.

  Canada

  Apr 12, 2022
• Red hot housing market in Nova Scotia becoming election issue for first-time buyers

  This June in Halifax, the average house price sat at $436,400 -- over $114,000 more than the average house price in the area last year.

  Canada

  Jul 22, 2021
• Buying in a seller’s market: Examining London-area real estate trends

  The latest numbers saw London-area homes sell for an average of $527,000 in September.

  Consumer

  Oct 7, 2020
• Saskatoon real estate broker says stress test adjustment will slightly help first-time buyers

  If someone went into a bank this week, the new rules would work out to an additional $10,000 to $15,000 in buying power.

  Canada

  Feb 19, 2020
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• Here’s what the first-time home buyer incentive could mean for Winnipeg

  The federal government’s First-Time Home Buyer Incentive will launch on Sept. 2, and although it's expected to help many Canadians, one analyst doesn't expect it to have a major impact on the Winnipeg market.

  Money

  Jun 18, 2019
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• New Liberal mortgage plan will have little effect on housing prices: CMHC

  Canada's housing agency says new spending measures aimed at helping first-time buyers afford homes won't push prices up more than a few tenths of a percentage point.

  Canada

  Apr 4, 2019