2/24/2020 | Posted in First Time Home Buyers by Sheru Asnani
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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

10 first-time homebuyer trends

  6/18/2019 | Posted in First Time Home Buyers by Sheru Asnani
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While more details about the First-Time Home Buyer Incentive were released this week, there remains a glaring problem.

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Despite new details, First-Time Home Buyer Incentive is flawed

  5/10/2019 | Posted in First Time Home Buyers by Sheru Asnani
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Having a sufficient down payment to afford the home they want is the largest concern of first-time buyers according to a new survey.

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Down payments are the biggest fear for first-time buyers

  3/22/2019 | Posted in First Time Home Buyers by Sheru Asnani
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The First-Time Home Buyer Incentive actually reduces affordability.

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First-Time Home Buyer Incentive reduces qualifying power

  4/30/2018 | Posted in First Time Home Buyers by Sheru Asnani
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The home-purchasing power of ‘peak millennials’ aged 25-31 has diminished by around $40,103 (16.5%) since the introduction of the OSFI stress test at the start of ... More

OSFI stress test has cut millennial purchasing power by $40K

  1/9/2017 | Posted in First Time Home Buyers by Sheru Asnani
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The tightened mortgage rules introduced by the federal government last year are having a negative effect on the homebuying plans of first-time buyers.

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First-time buyers delaying due to mortgage rules

  6/14/2016 | Posted in First Time Home Buyers by Sheru Asnani
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Young Canadians are increasingly receiving help from their parents in order to become first-time buyers in Vancouver and Toronto.

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Bank of mom, dad vital for millennial first-time buyers

  1/25/2016 | Posted in First Time Home Buyers by Sheru Asnani
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The Canada Revenue Agency has issued a reminder to first-time buyers that they could qualify for $5,000.

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CRA's $5,000 reminder to first-time buyers

  6/24/2015 | Posted in First Time Home Buyers by Sheru Asnani
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A body that represents Canada’s home builders is pushing the federal government for changes which would make building and buying a home easier. Among the measures that ... More

Builders call for longer amortizations for first-time buyers

  6/10/2015 | Posted in First Time Home Buyers by Sheru Asnani
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First-time buyers are driving the housing market but are increasingly turning to credit to afford the downpayment on a new home.

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First-time buyers are driving the housing market

  5/14/2015 | Posted in First Time Home Buyers by Sheru Asnani
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Canadian homebuyers are willing to compromise on the size of their new home but some things are not negotiable. That was one of the findings in a survey of 12,000 homebuyers ... More

Size matters less than quality to Canadian homebuyers

  4/14/2015 | Posted in First Time Home Buyers by Sheru Asnani
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Typical first-time Canadian home buyers tend to be childless, university-educated couples in their 30s purchasing detached homes, often with a helping hand from their ... More

One-quarter of first-time home buyers had family help, survey finds
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