First time buyers are ready to get on the ladder

12 Jun 2015 - First time home buyers in Canada believe that now is the right time to get on the property ladder. A new poll from mortgage lender RBC shows that out of the 1 in 4 Canadians who plan to buy a home in the next two years 44 per cent will be first timers. The survey shows that 84 per cent of respondents believe that buying a home is a good investment. The main concern is the state of personal finances; 50 per cent say they don’t have a large enough downpayment, not enough income (48 per cent), low job security (29 per cent) or high personal debt (27 per cent).

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Marlene Ofter

Marlene Ofter

Certified Real Estate Broker
CENTURY 21 Max-Immo
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