Category: First Time Buyers

Young Canadians sideline marriage for property goals

Forget wedding bells, young Canadians are more interested in being a homeowner. Some 40% of under-30s say buying a property is critical to their five-year plan, signalling a preference over travel (30%) and marriage (24%). The survey conducted by the Royal Bank of Canada comes as interest rates have dropped a further 0.5% to 3.75%,…
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Five podcasts to keep you in the property loop

In the ever-changing world of real estate, it pays to stay informed.  Listening to a podcast is a great way to stay up to date and learn valuable new tips without it feeling like hard work. We’ve identified five podcasts that unlock a wealth of knowledge and insights for both seasoned investors and first-time buyers…
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Why property is a great choice to create wealth

Creating wealth for later in life is a goal most of us embrace and spend our entire working lives trying to accomplish. And for the vast majority, property investment is a huge component of their strategies. Many young people today feel the idea of owning property is beyond their reach.  However, there are strategies to…
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Lower rates set to entice first-time buyers

Successive months of interest rate cuts will no doubt encourage first-time buyers into the Canadian property market. And with the promise of more rate reductions through 2025, young Canadians have an ideal time to purchase a home and begin to build their wealth. Even as the cost of loans falls, the average property price has…
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Eight top tips to help first-time buyers

The goal to own property is deeply rooted in our national psyche, yet your first home-ownership journey can feel like walking into a labyrinth of jargon, daunting decisions and financial challenges. For first-time buyers, this is a perfectly natural response. Yet navigating this path will help secure your financial future and turn a dream into…
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Should you open a branch of The Bank of Mom and Dad?

Parents are being called the “Sandwich Generation”, caught between helping their own children as well as their mothers and fathers, a consequence of living longer. The days when parents’ greatest concern was paying for the kids’ college education have now morphed into helping them onto the property ownership ladder. It’s amazing to think that almost…
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Eight top tips to help first-time buyers

The goal to own property is deeply rooted in our national psyche, yet your first home-ownership journey can feel like walking into a labyrinth of jargon, daunting decisions and financial challenges. For first-time buyers, this is a perfectly natural response. Yet navigating this path will help secure your financial future and turn a dream into…
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Make your small bathroom feel spacious

First-time buyers rarely have the spending power to purchase a large family home as their initial transaction on the property ladder.  Whether they’ve bought a small detached home or an apartment, their greatest challenge is usually square footage, or the lack of it. The ability to make the most of every inch will maximize their…
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Housing affordability to influence Gen Z vote, survey finds

Your head is probably still spinning from the political events of the last few weeks.  Arguably, voter needs took a temporary backseat amid the political drama that unfolded on our screens and in our newspapers. No doubt, the aspirations of Americans will now become increasingly clear as we head toward the first Tuesday in November.…
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Prioritise these six jobs in your new home

Moving into your first home is incredibly exciting and marks the beginning of an important chapter in your life. If you are thinking of embarking on some major upgrades, it may pay to get to know your new home well first. It’s worth keeping a journal of your general first impressions of living in the…
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