Homebuyers

• Homebuyers must save decades before buying in Ontario’s largest cities: report

  A study says gaps in saving timelines between singles and couples seeking to buy a starter home are getting larger across Ontario, particularly in pricier markets.

  Canada

  Feb 27
  
• Sales surged on cheaper detached homes in some big markets — then came rate hikes

  Interest rate hikes have prompted buyers to "step back," but RE/MAX Canada executive VP Elton Ash said with the lack of inventory of houses there may not be a big pricing change.

  Canada

  Aug 22, 2023
  
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• Ontario to expand deposit insurance coverage to credit unions for homebuyers

  Public and Business Service Delivery Minister Kaleed Rasheed says the measures will help protect Ontario credit union members who are saving for their first home.

  Canada

  Mar 31, 2023
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• Canada’s ban on foreign homebuyers comes into effect on Jan. 1. Here’s what to know

  Starting in the new year, foreign commercial enterprises and people will not be allowed to buy residential properties in Canada for two years.

  Canada

  Jan 1, 2023
• B.C. government announces new homebuyer protection period

  A protection period of three days will be implemented in 2023 for potential homebuyers in B.C., the first of its kind in Canada.

  Consumer

  Jul 21, 2022
• B.C. financial regulator advises three day ‘cooling off’ period for homebuyers

  The report says buyers should not be allowed to waive the period in which they would be allowed to back out of a purchase agreement, with exceptions such as court-ordered sales.

  Economy

  May 26, 2022
• Saskatoon city council moves forward with green home loan program

  Councillors voted to start a project to loan residents money to retrofit their houses and make them more energy efficient. The administration said it could be running this year.

  Canada

  Feb 22, 2021
• Federal budget to include measures to ease burden of buying a home: source

  Finance Minister Bill Morneau has promised the budget will focus on ways to help improve housing affordability for Canadians, and particularly for millennials, who are now in their mid-20s to late-30s.

  Canada

  Mar 17, 2019
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• Selling your home? Prepare to wait, say Edmonton realtors

  Edmonton realtors are bracing for another tough selling year ahead.

  Money

  Jan 9, 2019
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• Buyers wary of homicide homes, but a property’s past may stay hidden

  While there are rules requiring disclosure of issues concerning a property such as a defect like a hole in a roof or mould, for non-physical problems such as violent crime, the law largely says buyer beware.

  Canada

  Jan 3, 2019