Article content Albertans are a largely positive lot when it comes to the prospect of buying a home. That’s the finding of a recent national survey of Canadians regarding homeownership by Mortgage Professionals Canada. “The indicator of whether it’s a good time to buy is very strong in Alberta right now, and that’s because it’s so affordable there after five [&hellip…
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 homebuyers. New buyers are seeing condo prices come within reach in downtown areas awash with vacant high rises. But young families are also being priced out of starter homes in suburbs [&hellip…
There may be uncertainty on the horizon for the country’s real estate market, but young Canadians are undeterred and remain optimistic about the prospect of buying a home. Nearly one in five young Canadians aged 18-34 say the pandemic has accelerated their plans to purchase a home or investment property, according to a recent Scotiabank survey. [&hellip…
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