Long-awaited tweaks to the government’s First-Time Home Buyer Incentive came into effect on Monday. ... More

Effective May 3, 2021, the Federal Government will be expanding the First Time Home Buyer Incentive program to enhance eligibility in Toronto, Vancouver and Victoria Census ... More

The mass urban exodus that has been observed in Toronto and across Canada throughout the pandemic doesn't appear to be slowing down anytime soon, and a new survey confirms ... More

The ongoing surge in home prices across the country is discouraging a large number of young non-homeowners, many of whom say they’re giving up on the dream of homeownership ... More

Real estate prices in many Canadian cities have climbed to all-time highs during the pandemic, so it should come as no surprise that some Canadians appear ready to give up on ... More

With mortgage rates at historic lows and price growth tapering in certain markets, the COVID-19 pandemic has presented both opportunities and challenges for first-time homebuyers. ... More

The federal government just released the Fall Economic Statement, announcing changes to the First-Time Home Buyer Incentive for prospective homeowners in some of Canada’s ... More

COVID-19 ripped a hole in more than just the economy. For Canadians on the verge of buying their first home, the pandemic, and the financial uncertainty it has plunged the country ... More

Genworth Canada’s 2019 First-Time Homeownership Study provides a snapshot of the demographics of Canada’s first-time homebuyers (FTBs), what’s motivating them ... More

While more details about the First-Time Home Buyer Incentive were released this week, there remains a glaring problem. ... More

Having a sufficient down payment to afford the home they want is the largest concern of first-time buyers according to a new survey. ... More

The First-Time Home Buyer Incentive actually reduces affordability. ... More

The home-purchasing power of ‘peak millennials’ aged 25-31 has diminished by around $40,103 (16.5%) since the introduction of the OSFI stress test at the start of ... More

The tightened mortgage rules introduced by the federal government last year are having a negative effect on the homebuying plans of first-time buyers. ... More

Young Canadians are increasingly receiving help from their parents in order to become first-time buyers in Vancouver and Toronto. ... More

The Canada Revenue Agency has issued a reminder to first-time buyers that they could qualify for $5,000. ... More

A body that represents Canada’s home builders is pushing the federal government for changes which would make building and buying a home easier. Among the measures that the ... More

First-time buyers are driving the housing market but are increasingly turning to credit to afford the downpayment on a new home. ... More

Canadian homebuyers are willing to compromise on the size of their new home but some things are not negotiable. That was one of the findings in a survey of 12,000 homebuyers ... More

Typical first-time Canadian home buyers tend to be childless, university-educated couples in their 30s purchasing detached homes, often with a helping hand from their families. ... More