Trusted Advice Tops List of Needs for First-Time Homebuyers: Scotiabank Poll
12/4/2025 | Posted in First Time Home Buyers by Jessi Sandhu
Poll reveals growing demand for guidance amid affordability concerns and market uncertainty
... More
First-time Ontario homebuyers are set to receive a major discount. Here's how to get it
11/6/2025 | Posted in First Time Home Buyers by Jessi Sandhu
The Ford government is expecting to spend $470 million to give first-time Ontario homebuyers a tax break on new homes — a figure first revealed in Thursday’s fall ... More
Ontario plans to waive HST on new homes for first-time buyers up to $1M
10/28/2025 | Posted in First Time Home Buyers by Jessi Sandhu
The Ford government will waive its portion of the sales tax on new homes for first-time buyers up to the value of $1 million as it bids to stimulate slumping home sales and ... More
GST relief for first-time home buyers on new homes valued up to $1.5 million
5/28/2025 | Posted in First Time Home Buyers by Jessi Sandhu
To lower the upfront cost of buying a new home for young Canadians and spur the construction of new homes across the country, the government is eliminating the Goods and ... More
A First Home Savings Account should be on every first-time buyer's holiday wish list
12/24/2024 | Posted in First Time Home Buyers by Jessi Sandhu
Introduced in April 2023, the First Home Savings Account (FHSA) is a game-changer for Canadians looking to save for their first home, combining the best features of an RRSP and ... More
What you need to know before helping your child with a home down payment
10/31/2024 | Posted in First Time Home Buyers by Jessi Sandhu
With the benchmark prices for a home in Toronto or Vancouver at over a million dollars, the prospect of saving enough for a down payment to enter the real estate market can be ... More
Canada's 30-year mortgage option has officially launched
8/2/2024 | Posted in First Time Home Buyers by Jessi Sandhu
The Canada Mortgage and Housing Corporation (CMHC) has officially launched Home Start, a 30-year mortgage option for first-time homebuyers purchasing newly constructed homes. ... More
First-time buyers relying on gifted down payments more than ever
7/29/2024 | Posted in First Time Home Buyers by Jessi Sandhu
Mortgage down payment gifts from family members remain a crucial factor for first-time homebuyers in Canada, even as the housing market cools and economic conditions ... More
6/25/2024 | Posted in First Time Home Buyers by Jessi Sandhu
More than one-third of first-time homebuyers in Ontario are getting help with their down payment and the average gift now tops $100,000, according to a report from CIBC.
... More
The Liberals' savings account for first-time homebuyers mostly got only small deposits
6/1/2024 | Posted in First Time Home Buyers by Jessi Sandhu
New home savings accounts have been used by 624,000 Canadians according to tax data, with a median deposit of $2,040.
... More
10 first-time homebuyer trends
2/24/2020 | Posted in First Time Home Buyers by Jessi Sandhu
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
Despite new details, First-Time Home Buyer Incentive is flawed
6/18/2019 | Posted in First Time Home Buyers by Jessi Sandhu
While more details about the First-Time Home Buyer Incentive were released this week, there remains a glaring problem.
... More
Down payments are the biggest fear for first-time buyers
5/10/2019 | Posted in First Time Home Buyers by Jessi Sandhu
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
First-Time Home Buyer Incentive reduces qualifying power
3/22/2019 | Posted in First Time Home Buyers by Jessi Sandhu
The First-Time Home Buyer Incentive actually reduces affordability.
... More
OSFI stress test has cut millennial purchasing power by $40K
4/30/2018 | Posted in First Time Home Buyers by Jessi Sandhu
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
First-time buyers delaying due to mortgage rules
1/9/2017 | Posted in First Time Home Buyers by Jessi Sandhu
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
Bank of mom, dad vital for millennial first-time buyers
6/14/2016 | Posted in First Time Home Buyers by Jessi Sandhu
Young Canadians are increasingly receiving help from their parents in order to become first-time buyers in Vancouver and Toronto.
... More
CRA's $5,000 reminder to first-time buyers
1/25/2016 | Posted in First Time Home Buyers by Jessi Sandhu
The Canada Revenue Agency has issued a reminder to first-time buyers that they could qualify for $5,000.
... More
Builders call for longer amortizations for first-time buyers
6/24/2015 | Posted in First Time Home Buyers by Jessi Sandhu
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 ... More
First-time buyers are driving the housing market
6/10/2015 | Posted in First Time Home Buyers by Jessi Sandhu
First-time buyers are driving the housing market but are increasingly turning to credit to afford the downpayment on a new home.
... MoreAt Your Service
Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and 'll get back to you promptly.