First-time Homebuyers

• Not all young Canadians have given up buying a home. Here’s why

  The majority of young Canadians still feel homeownership is an achievable goal, according to new polling released Tuesday from Royal LePage.

  Money

  Oct 1, 2024
  
• Who has opened an FHSA, and how much are they saving? What CRA data shows

  Here's how much Canadians were able to sock away in their first-home savings accounts in the first year the vehicle was available for homebuying hopefuls.

  Money

  May 31, 2024
  
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• 5 things to know before opening a first home savings account

  The first home savings account is a 'must-have' for would-be homebuyers trying to break into the housing market, one expert says. Here's how to make the most of it.

  Money

  Mar 9, 2024
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• Search for home in Ontario real estate market ‘humbling’ for first-time buyers

  An Ontario couple say the search for their first home was a frustrating experience. They're not alone as people consider their options in today's real estate market.

  Canada

  Mar 6, 2024
• A ‘window of opportunity’ may be opening for 1st-time homebuyers

  Canada's housing market could see affordability conditions improve alongside interest rate cuts in the second half of 2024, an RBC report projects.

  Money

  Jan 30, 2024
• Are starter homes still affordable? Here’s how to break into the market

  Breaking into Canada's housing market is no easy task. Here's what to look for in your starter home, including why not every property you can afford is right for you.

  Money

  Jun 24, 2023
• A quarter of first-time buyers getting help to pay their mortgage, survey finds

  Roughly a third of Canadian first-time homebuyers have needed help from a family member to finance their entry into the housing market, new polling suggests.

  Money

  Jun 22, 2023
• Majority of Canadians who don’t own a home have ‘given up’: poll

  Canadians priced out of the housing market continue to be pessimistic about ever buying a home, a new poll suggests, even as values have declined substantially over the past year.

  Money

  Apr 5, 2023
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• Will 2023 be your year to enter the housing market? What 1st-time buyers need to know

  Home sales and prices have fallen in 2022 as the Bank of Canada raised its policy interest rate in a bid to cool searing-hot inflation.

  Canada

  Dec 27, 2022
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• LSTAR reports lowest number of home sales in the past decade, effect on young homebuyers

  According to the latest figures, 451 residential properties 'exchanged hands' last month, which LSTAR reports is a 44 per cent drop from the number of homes sold in November 2021.

  Economy

  Dec 8, 2022