Everything you need to know about co-owning a home
Can’t afford to buy a home on your own? Then maybe you should take a look at this new Guide to Co-owning a home, which was recently released by the province of Ontario.
What can a middle-class home buyer afford across Canada?
According to the latest data from the Canadian Real Estate Association, the average residential home will now set prospective home buyers back $525,000, though affordability challenges are much more acute in the nation’s priciest markets.
Nearly half of Canadian millennials believe homeownership is a ‘pipedream’
Though millennials may be the most educated and making a decent amount of money, homeownership still seems like a “pipedream” to many of them, according to the results of a new poll commissioned by KPMG.
The top reasons to buy a pre-construction home
Thinking of buying a new pre-construction home in the Greater Toronto Area? You’ve come to the right place. There are many reasons why a pre-construction home is the right move for you.
First-time buyer activity dropping as housing market rebounds
With the majority of the year behind us, it looks like the Canadian housing market bounced back in 2019, but we can’t say the same about first-time buyers.
All the documents you will need to qualify for a mortgage
You got your pre-approval, you picked out your first home at a builder’s sales centre, and now it’s time to get your mortgage. No big deal right? Think again. Depending on your financial situation and employment, it could be a challenge.
Millennials don’t understand the true cost of buying a home
Canadian millennials may be confident in the housing market, and even in their ability to afford a mortgage, but there’s a good chance many of them don’t understand the cost of buying a home.
More first-time buyers saving for single-family homes as condo prices soar
If condo price growth in the Greater Toronto Area continues to increase at this rate, then more buyers will likely start saving just a bit longer in order to buy a single-family home instead.
