9/22/2021 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

This buyer cohort also makes more expensive residential moves, on average

... More

Where do immigrants buy homes in Canada?

  8/23/2021 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

Politicians are zeroing in on ways that just might make the dream of owning a home that much easier.

... More

What the parties are promising for homebuyers

  5/4/2021 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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

... More

First-Time Home Buyer Incentive 2.0 Now Available

  4/27/2021 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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

First Time Home Buyer Incentive Program Expansion

  4/23/2021 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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

More than half of first-time buyers in Ontario plan to buy their first home in the suburbs

  4/20/2021 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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 ... More

High Home Prices a Growing Obstacle for First-Time Buyers

  4/13/2021 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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

36% of young Canadian adults have given up on owning home: RBC survey

  12/30/2020 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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 ... More

First-time homebuyers see new opportunities, challenges in pandemic economy

  12/1/2020 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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

Tweaks to the First-Time Home Buyer Incentive

  5/18/2020 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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 ... More

Is there hope for first-time buyers post-COVID-19?

  2/24/2020 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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

10 first-time homebuyer trends

  6/18/2019 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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

... More

Despite new details, First-Time Home Buyer Incentive is flawed

  5/10/2019 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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

Down payments are the biggest fear for first-time buyers

  3/22/2019 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

The First-Time Home Buyer Incentive actually reduces affordability.

... More

First-Time Home Buyer Incentive reduces qualifying power

  4/30/2018 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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

OSFI stress test has cut millennial purchasing power by $40K

  1/9/2017 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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

First-time buyers delaying due to mortgage rules

  6/14/2016 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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

... More

Bank of mom, dad vital for millennial first-time buyers

  1/25/2016 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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

... More

CRA's $5,000 reminder to first-time buyers

  6/24/2015 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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

Builders call for longer amortizations for first-time buyers

  6/10/2015 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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

... More

First-time buyers are driving the housing market

  5/14/2015 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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

Size matters less than quality to Canadian homebuyers

  4/14/2015 | Posted in First Time Home Buyers by Stephen Gale
  SHARE

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

One-quarter of first-time home buyers had family help, survey finds
Ask Stephen  Gale

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.

Security Question: 5 + 4 =