The Property Couple

First Time Buyers in the GTA, your buying power will be going up immensely in spring 2021! Fast facts: - CMHC's First-Time Home Buyer Incentive program provides between 5-10% of your down payment (in addition to your own 5%) depending on type of property. You have 25 years in which to repay the government's portion. ... - Maximum income required to qualify for the program will go from $120k/yr to $150k/yr - The biggest boost? The maximum purchase price is rising from $505k to $722k! This makes you more competitive and potentially able to shop for properties beyond apartments! Details on when the program will be rolled out are still to come. However, it's never too late to start planning! Let's talk about how we can get you into your first new home today!

In line with yesterday's post, millennials (especially first-time buyers) are leading the charge in buying real estate... https://www.newswire.ca//millennials-most-optimistic-about

This is HUGE news to anyone looking in our area... https://ca.finance.yahoo.com//federal-liberals-boost-first