4/30/2018 | Posted in First Time Home Buyers by Forest Hill Real Estate CENTRAL
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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

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  1/9/2017 | Posted in First Time Home Buyers by Forest Hill Real Estate CENTRAL
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The tightened mortgage rules introduced by the federal government last year are having a negative effect on the homebuying plans of first-time buyers.

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Real Estate & Mortgage News

  6/14/2016 | Posted in First Time Home Buyers by Forest Hill Real Estate CENTRAL
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Young Canadians are increasingly receiving help from their parents in order to become first-time buyers in Vancouver and Toronto.

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Real Estate & Mortgage News

  1/25/2016 | Posted in First Time Home Buyers by Forest Hill Real Estate CENTRAL
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The Canada Revenue Agency has issued a reminder to first-time buyers that they could qualify for $5,000.

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Real Estate & Mortgage News

  6/24/2015 | Posted in First Time Home Buyers by Forest Hill Real Estate CENTRAL
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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

Real Estate & Mortgage News

  6/10/2015 | Posted in First Time Home Buyers by Forest Hill Real Estate CENTRAL
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First-time buyers are driving the housing market but are increasingly turning to credit to afford the downpayment on a new home.

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Real Estate & Mortgage News

  5/14/2015 | Posted in First Time Home Buyers by Forest Hill Real Estate CENTRAL
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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

Real Estate & Mortgage News

  4/14/2015 | Posted in First Time Home Buyers by Forest Hill Real Estate CENTRAL
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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 ... More

Real Estate & Mortgage News