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Canadian housing prices have gone up at a rate that salaries have not kept up with. It used to be that you could buy a house for a fraction of your salary, unfortunately now it is often many multiples.
I purchased my first home in my 20’s and I could only afford a cosmetically terrible house in a decent neighborhood. My husband and I renovated one room at a time and often watched many YouTube videos to help us with our projects.
First time home buyers are now moving out...
Being a first time home buyer can be pretty intimidating. Considering financial obligations you may already have, purchasing your first home can add some substantial stress to your existing financial burdens. The good news is, there is good news! The Government of Canada has implemented a First Time Home Buyer Incentive to help making purchasing your first home a reality sooner than you had anticipated. This incentive provides 5% or 10% for a newly constructed...
