How millennials influence homebuying patterns in the Greater Toronto Area Image

How millennials influence homebuying patterns in the Greater Toronto Area

A recent report from RE/MAX of Ontario-Atlantic Canada says that homebuying activity in the Greater Toronto Area has shifted to the west, but millennials may swing activity back to the east in the near future. 

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Only 18% of young Canadians putting off buying a home due to current debt load Image

Only 18% of young Canadians putting off buying a home due to current debt load

Recently, Angus Reid Institute, in partnership with the Globe and Mail, released the results of a new public opinion poll about Canadian debt. 

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Fewer millennials are buying homes in Canada Image

Fewer millennials are buying homes in Canada

The Canada Mortgage and Housing Corporation released the results of its annual Mortgage Consumer Survey, providing insights on the behaviour, attitudes, and expectations of Canadians who are acquiring, renewing, and refinancing a mortgage.

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More than 90% of millennials are concerned about affording a home in the GTA Image

More than 90% of millennials are concerned about affording a home in the GTA

The Building Industry and Land Development Association, along with the Toronto Real Estate Board, released its final set of data from their Ipsos poll regarding voters’ concerns in the upcoming municipal election.

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Are baby boomers buying homes for their kids? Image

Are baby boomers buying homes for their kids?

The latest report from credit specialist, TransUnion Canada, found that mortgage activity across Canada is slowing, but those aged 54 years and up are bucking the trend.

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How to prepare your new condo for your first baby Image

How to prepare your new condo for your first baby

There are so many reasons why more couples are or will be raising babies in condo units in and around the Greater Toronto Area.  

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Baby boomers are about to flood the condo market Image

Baby boomers are about to flood the condo market

Baby boomers are about to impact the condo market in a big way, according to the results of the Royal LePage Boomer Trends Survey, conducted by Leger.

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How are millennials affording new homes and condos in the GTA? Image

How are millennials affording new homes and condos in the GTA?

With the Altus Group statistics released by BILD for May 2018 noting that the benchmark price for new single-family homes was $1,144,191 and for high-rise $758,370, one has to wonder how first-time buyers are making their way into the market.

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Millennials want to buy single-family homes Image

Millennials want to buy single-family homes

Millennials may cause the next baby boom, and that means the Greater Toronto and Hamilton Area (GTHA) needs a boost in ground-oriented, single-family housing.

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Stay tuned for more tips and news for first-time buyers! Image

Stay tuned for more tips and news for first-time buyers!

If you’re a follower of the Newinhomes.com Blog, then you’re aware we frequently post tips and other content for first-time buyers. This month, you’ll see an influx of special features for those of you looking to buy your first home!

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