Homeownership
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How barriers to homeownership are impacting young Canadians’ future plansStatsCan warns that the shift away from homeownership being seen by younger Canadians could pose potential risks to people wanting to improve their financial status and wealth.CanadaFeb 28
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Can’t buy a home? Here’s how to build your wealth outside the housing marketHousing has long been a go-to path to building wealth. But as the market slows and remains difficult to access, experts say there are options outside real estate.EconomyOct 8, 2022
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Canada’s housing market appears to be cooling. Is this the right time to buy?Home prices are falling in many parts of Canada, but there are important factors to consider before making an investment, according to some experts.ConsumerAug 28, 2022
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First housing summit in Laval, Que. looks at solutions to make homes more affordableHundreds of people from across the province met in Laval, Que., to discuss the housing crisis, trying to find solutions to make housing more affordable and accessible.CanadaAug 26, 2022
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Variable mortgages have surged in popularity. Are they still the cheaper choice?More than half of Canadians taking out or renewing mortgages in the second half of 2021 went the variable route, though that trend has started to plateau, the CMHC says.MoneyJul 6, 2022
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1 in 4 homeowners say rising mortgage rates could push them to sell: surveyRising interest rates could push roughly one in four homeowners to a point where they have to sell their homes, according to a new survey.MoneyJun 13, 2022
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Nova Scotia to give $203K to Habitat for Humanity housing projectThe project will create 77 affordable housing units in Spryfield, N.S., which families will be able to purchase with no down payment and an interest-free mortgage.CanadaApr 4, 2022
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Would-be Winnipeg homeowners exhausted from house hunting in ‘roller-coaster’ marketThe average price of a home in Winnipeg reached an all-new high in mid-March and inventory is low – a problem locals say is making house hunting an extremely difficult process.EconomyMar 17, 2022
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First shared equity program to help Black families break into housing market launches in Canada'We are building a different playbook to address anti-Black racism,' says Dahabo Ahmed-Omer of BlackNorth Initiative, a bridge program aimed at increasing Black homeownership.EconomyMar 6, 2022
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Average home price nears $800K in London-St. Thomas real estate market: LSTARThe average home price in the region rose to $793,222 for the month of January, a 30 per cent increase compared to the same time a year ago.EconomyFeb 3, 2022
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