First-time buyers value shorter commutes over square footage
A new survey conducted by Genworth Canada in collaboration with Royal LePage unveiled key trends among first-time buyers based on the last two years of activity across the country.
Neighbourhood factors that Toronto homebuyers don’t care about
In the real estate industry, it’s important to know what location factors are important to buyers, but it’s also important to understand what people don’t care about.
5 things first-time buyers forget about at the time of occupancy
Did you buy a new pre-construction condo as your first home? As your occupancy approaches, you’re probably getting super excited to move in, but there are a few things that many first-time buyers forget about at this important milestone moment.
Modern families in Toronto value neighbourhood safety when buying a home
When it comes to buying a home in Toronto, young modern families prioritize safety, work and family. You’ll be interested in what urban dwellers don’t care about when it comes to home location.
What would happen if the mortgage stress test was eliminated?
Sixteen months after the implementation of the federal government’s B-20 mortgage stress test regulations, TD Bank released an examination of its effects. Basically, the stress test did what it was supposed to do, but had some unintended consequences.
Shifting the focus to first-time buyers
We tend to always have a slight focus on first-time buyers, but now that we’re fully in spring mode, we want to shift the focus into a higher gear. For all of May, we’ll have even more tips and news for and about first-time buyers!
See what first-time buyers expect to pay for their first home
As home prices continue to rise in Ontario, first-time buyers are getting slightly less optimistic and are seeking out larger financial gifts from friends and family, according to recent survey results.
CMHC explains why the First-Time Home Buyers Incentive will work in Toronto and Vancouver
Last week, the Canada Mortgage and Housing Corporation came to the defence of the First-Time Home Buyers Incentive (CMHC will be the organization partnering in the shared equity mortgages).
Housing slowdown gives first-time buyers a chance in Canada’s biggest cities
Royal LePage recently released the results of its House Price Survey for the first quarter of 2019, which focuses on the three most popular housing types: two-storey homes, bungalows, and condos.
Shared equity mortgages: A good idea going to scale
When the Federal government released its budget in mid-March, those in the housing sector were eager to see what might be in store to help address the pressing need of making housing more affordable.
