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by Jeremy
Genworth Financial recently released their spring/summer report for 2016, and it broke down the housing and mortgage trends in each of the provinces in Canada. As we look at the numbers in Alberta, there are some notable differences compared to the rest of the country when it comes to real estate. Here’s some of the highlights of the Alberta housing market for spring/summer 2016: The average down payment amount in Alberta is 7.5 per cent, and 7.8 per cent in Calgary. These numbers are on average, lower than the rest of the country, with British Columbia, Ontario and Quebec all averaging well over 8 per…
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Posted by Jeremy
Over one-third (35 per cent) of first-time homebuyers in Canada are single, and even though many will partner…
Posted by Jeremy
Genworth Financial recently polled 1,800 first-time homebuyers in Canada to get a feel for what that demographic looks…
Posted by Jeremy
Canada’s two biggest mortgage insurers both raised their premiums by 15% this week, bringing changes to the mortgage…