First-time Homebuyers

• Nova Scotia expands down payment assistance program for 1st-time homebuyers

  The Nova Scotia government is expanding eligibility for its down payment assistance program, saying it will help more people achieve their dream of home ownership.

  Canada

  Jun 20
  
• Trudeau offers no timetable on promised homebuyers rights bill as prices soar

  Justin Trudeau highlighted budget measures meant to address rising house prices and supply shortages but did not provide clarity on when those measures will become a reality.

  Politics

  Apr 21
  
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• More Canadians renting for a decade or more before buying first home: CMHC survey

  Thirty-one per cent of new buyers said they rented for a decade or more before purchasing a house. That's up from 22 per cent in 2018.

  Consumer

  Nov 15, 2019
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• Parents aren’t just helping their kids buy homes — they’re helping pay rent: poll

  More than a third of parents with kids under the age of 18 indicated that they intend on helping their children pay their rent.

  Economy

  Jul 23, 2019
• ANALYSIS: Finance Minister Bill Morneau’s odd plan to help homebuyers won’t help with housing affordability

  The chief economist at TD Bank said the budget's measures to help first-time homebuyers could actually push housing prices up by as much as 5 per cent. And that means the Liberals' attempts to make it easier for first-time home buyers could actually make it worse.

  Politics

  Mar 20, 2019
• Banks sell mortgage insurance, but independent experts say you shouldn’t buy it

  Consider life insurance instead

  Money

  May 30, 2017
• B.C.’s first-time home buyer loan program launches

  B.C.'s housing minister says a program to help first-time homebuyers received applications within hours of launching.

  Jan 16, 2017
• Down payment help: What parents, kids should know before money is gifted

  Financial experts offer their advice to cash-strapped millennials looking to buy their first home with a helping hand from family.

  Consumer

  Jan 16, 2017
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• New federal mortgage rules come into effect today

  New federal rules that will cut into the purchasing power of some first-time homebuyers take effect today.

  Canada

  Oct 17, 2016
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• New real estate rules to dampen home sales beyond Toronto and Vancouver, banks say

  Finance Minister Bill Morneau announced “three complementary measures designed to reinforce the Canadian housing finance system.”

  Consumer

  Oct 4, 2016