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Tag Archives: Homebuying

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

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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…

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Pandemic Has Increased Homebuying Intentions Among Young Canadians

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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