The Bank of Montreal (BMO) released its First-Time Home Buyers Report, announcing that the average first-time buyer has increased their average budget to $316,100 (compared to $300,000 in 2013).While the average budget has jumped over $16,000, the
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.
By Penny MunozIn a press release earlier this week, the Toronto Real Estate Board (TREB) expressed its concern about a potential proposal that would have first-time home buyers in Toronto paying more than they already do in Home Buying Tax (Land Transfer
By Barbara LawlorWe read a lot in the media recently about first-time home buyers and how important it is to get as much information as possible when making this all-important lifestyle step. There is much to learn about becoming a homeowner, and many of