First Time Buyers
First Time Buyers
Ontario's Suburbs Have Lost Some Shine Among New Homebuyers: Report
According to the 2024 New Home Buyers Report by Tarion, new homebuyers are no longer as keen on moving to suburbia as they recently were.
May 13, 2024
Real Estate News
No Regrets: Vast Majority Of Canadian Homeowners Don't Have Buyer's Remorse
Canadian homeowners don’t have buyer’s remorse when it comes to the roof over their heads with more than 75% who have purchased a home since 2019 saying they don’t regret the decision at all.
Real Estate News
For Young Canadians, The Dream Of Homeownership Is In Limbo
Despite lofty home prices and challenging borrowing conditions, young Canadians are “keen” to break into the housing market, one expert says — and they’re exploring more creative ways to do so.
Real Estate News
Half Of Canadians Think They Will Never Be Able To Buy A Home
The share of Canadians who think they will never break into the housing market has edged up 15% over the past six months, according to a new report.
Lawrence Park Gem Boasts Historic Charm (And Extensive Additions)
This Lawrence Park home is a stunning cherry wood cocktail of Old World charm, understated elegance, and more bay windows that you can count.
Finance
Despite Sluggish Uptake Amongst Most Major Banks, “Tens Of Thousands” Have Opened An FHSA With RBC
Alongside National Bank, RBC is one of the few major Canadian banks to get their FHSA up and running in April. Scotiabank, CIBC, and BMO have indicated that their FHSAs will be available for customers later this year.
Real Estate News
More Than Two Thirds Of First-Time Homebuyers Worry About Affording A Down Payment
As home prices and interest rates rise, first-time homebuyers are increasingly worried about their ability to break into the market.
Real Estate News
Canadian Cities With the Cheapest First Year of Homeownership: Report
Want to enter the market while forking over less cash? A new report names 15 Canadian cities with the cheapest first year of homeownership.
Real Estate News
Despite Uncertain Climate, Two-Thirds of Canadians Hold High Hopes of Homeownership
Despite the rocky real estate climate as of late, many Canadians still have their sights set on the dream of homeownership.
Taxes
Changes to the Municipal Land Transfer Tax Would Increase Affordability in Toronto
With housing affordability becoming an increasingly urgent issue, TRREB is calling for changes to the Municipal Land Transfer Tax.
Personal Finance
“People Really Want to Own Real Estate”: GTA Homebuyers Will Reenter the Fall Market with Fresh Hope
Real estate experts expect that GTA homebuyers will regroup and return to house-hunting this fall -- but lending conditions are tightening up.
Mortgages
Federal Liberal Budget Includes Billions for Housing Accelerator Fund
Over $100B in spending is to be rolled out in the federal budget including a new Housing Accelerator Fund aimed at creating new supply.
Mortgages
Federal Budget Cracks Down on Money Laundering, Speculative Real Estate Investment
The 2022 Federal Budget has been unveiled and includes a number of housing measures such as an anti-flipping tax and foreign buyer's ban.
Toronto
Turns Out the "Bank of Mom and Dad" is Funding Fewer Down Payments Than You'd Think
The Bank of Mom and Dad -- gifting adult children with the cash they need to buy a home -- may fund fewer down payments than expected.
GTA
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