BMO Housing Survey: COVID is Re-Shaping First-Time Homebuyer Needs but Many Still Believe it is a Good Time to Buy

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On average, first-time homebuyers are looking to spend roughly $432,000 on their first home and more than 40 per cent indicate that now is a good time to buy. Buyers in Alberta and the Prairies are the most optimistic about their housing markets with 60 per cent feeling that it is a good time to purchase a home. The most pessimistic buyers are in Ontario and British Columbia, with only 33 per cent of first-time buyers showing optimism about their markets.

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Original Article Source Credits:   NewsWire ,

Article Written By:  NA

Original Article Posted on:  Sep 24, 2020

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