1 in 5 First Time Home Buyers

Tuesday Jun 20th, 2017

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The Toronto Star published an article featuring First Time Home Buyers who recieve help from their family with a down payment. 

 

Below are a few stats about these First Time Home Buyers from thestar.com article:

"Nearly one in five first-time homebuyers recieved help with a down payment from a family member, according to a survey conducted by the federal housing agency"

"Canada Mortgage and Housing Corp. said 18 per cent of first-time buyers polled said they received a gift from a family member as part of their down payment."

 

Read below to see the full article on thestar.com:

https://www.thestar.com/business/real_estate/2017/06/06/one-in-five-first-time-homebuyers-got-help-from-family-survey-finds.html

 

 

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