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Canada's real estate market is primed for buyers - but first-timers are moving at their own pace

Declining rates and higher inventory improve conditions, yet 53% of first-time buyers plan down payments of at least 20%, with many delaying purchases to save more.

Summary by Benzinga
Highlights: 13% of Canadian adults are working towards their first residential property purchase within the next two years; a majority of them plan to buy in the next 12 to 24 months. More than half (53%) of first-time buyers plan to put at least 20% down on their purchase; while 39% will not and will therefore need to buy mortgage insurance. 41% of first-time buyers say they will receive financial assistance from family or friends, while 51% w…

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Bowen Island UndercurrentBowen Island Undercurrent
+5 Reposted by 5 other sources
Lean Left

First-time buyers delaying home purchases another year despite improved market: poll

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Bias Distribution

  • 43% of the sources lean Left, 43% of the sources are Center
43% Center

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Benzinga broke the news in New York, United States on Thursday, September 25, 2025.
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