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.
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.
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.
Thinking of breaking into the Canadian housing market for the first time? Chances are, you’re doing your research and looking into every possible tax break and incentive available to help financially ease your transition into home ownership.
If you’re a frequent reader of my weekly post, you know I tend to avoid politics, but there is one thing I want to talk about, and no, it’s not what you think it is. Some recent, um, controversy has plagued the Liberal campaign.