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by Jeremy
The Canada Mortgage and Housing Corporation (CMHC) recently released figures that give us an idea of what the average first-time homebuyer in Canada looks like. The survey was taken from 500 first-time buyers across the country, and shows some surprising (and some not) trends in that demographic. Compared to other home buyers, first-time buyers are young according to the results. Almost two-thirds are younger than 35 and almost half are between 25 to 34 years of age. In comparison, only 20 per cent of repeat buyers are under 35. – CHBA (Canadian Home Builders Association) While it’s not really surprising that most of first-time homebuyers…
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Posted by Jeremy
The Canadian Association of Accredited Mortgage Professionals (CAAMP) recently released their spring market survey, which provides a lot…
Posted by Jeremy
There are lots of benefits to homeownership, especially right now in Calgary’s market with rental prices skyrocketing, why…
Posted by Jeremy
Interest rates are still historically low, and recent surveys show that more and more Albertans are looking at…
Posted by Jeremy
A recent survey released by BMO Bank of Montreal, showed that the youngest first-time homebuyers in Canada are…
