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Affordability and space limitations continue to impact purchase decisions as only 14% of Canadians polled would consider buying a home in a major metropolitan area.

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

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

Are you considering buying a pre-construction home or condo? Tarion compiled a few tips to help buyers navigate the new home buying process.

Record-low interest rates appear to be a major factor.

Effective this week, it gets a little easier to buy a house or refinance.

Renewal and refinance activity has spiked since lockdowns were lifted according to a recent report.

While mortgage rates have been tumbling steadily over the last couple of months, many are now in record-setting territory, with certain 1- to 5-year fixed rates now available ... More

Low interest rates will be the norm for the foreseeable future, Bank of Canada Governor Tiff Macklem said earlier this week.

Canada’s housing agency is tightening rules to make it more difficult for higher-risk borrowers to qualify for mortgage insurance.

The Bank of Canada is set to reduce its qualifying rate ten basis points, from 5.04 to 4.94 percent according a new report.

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

The coronavirus has plunged market activity into a deep freeze

Condo developers in Ontario looking to sell units to millennials and first-time home buyers could be barking up the wrong tree, according to a new survey from OREA.

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

The Office of the Superintendent of Financial Institutions (OSFI) has announced that it is considering a new benchmark rate to determine the minimum qualifying rate for ... More

Mortgage stress test forces homebuyers further outside GTA to find house they can afford.

Two city councillors are pushing for a rethink of Toronto's municipal land transfer tax rebate for first-time home buyers, suggesting the cap should be increased to match ... More

Millions of Canadian millennials feel they may never be able to follow previous generations into homeownership according to a new survey.

Some fresh information on the status of the First-Time Home Buyer Incentive (FTHBI) and a possible increase on the $1M cap for insured ... More

This demographic is likely to account for nearly 700,000 home sales over the next five years.

In an election announcement on Thursday, Liberal Party Leader Justin Trudeau promised to turbocharge the First-Time Home Buyer Incentive (FTHBI) for Canadians who live in ... More

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

The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a ... More

Three quarters of homebuyers in three of Canada's largest housing markets are not willing to take financial risks when buying a home, ... More

Spring is typically a busy time for home sales, so lenders are competing fiercely right now for new business — and that's adding up to record low rates for ... More

The Conservative Party leader says he's "absolutely committed" to reviewing the rule.

Canada needs to be building more homes to meet demand which is greater than official figures suggest.

The head of the Canada Mortgage and Housing Corporation (CMHC) gave a candid assessment of the country’s housing market, saying the “party” of homeownership ... More

Having a sufficient down payment to afford the home they want is the largest concern of first-time buyers according to a new survey.