As property prices continue to rise across Canada, the conversation around "how to climb the property ladder" has made a subtle shift to "how to get on the property ladder in the first place." Especially if you're single. Whereas before it was assumed anyone would qualify to buy a starter home (or condo), nowadays with increased housing prices and the government making it tougher to qualify for a mortgage through a financial stress test, becoming a homeowner isn't a walk in the park. Qualifying for a mortgage on a single income is becoming increasingly difficult.
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Getting on the Property Ladder
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Pandemic means new home buyers are tailoring homes to their perfect fit
Original Article Source Credits: EdmontonJournal , https://edmontonjournal.com/
Article Written By: Laura Severs
Original Article Posted on: April 22, 2021
Link to Original Article: https://edmontonjournal.com/special-sections/build-design-yeg/pandemic-means-new-home-buyers-are-tailoring-homes-to-their-perfect-fit
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March saw record national homes demand, pushing prices higher
Original Article Source Credits: Calgary Herald , https://calgaryherald.com/
Article Written By: Joel Schlesinger
Original Article Posted on: April 23, 2021
Link to Original Article: https://calgaryherald.com/life/homes/new-homes/march-saw-record-national-homes-demand-pushing-prices-higher
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Pattie Lovett-Reid: 5 tips for protecting yourself against higher rates
Original Article Source Credits: BNN Bloomberg , https://www.bnnbloomberg.ca/
Article Written By: Pattie Lovett-Reid
Original Article Posted on: Apr 23, 2021
Link to Original Article: https://www.bnnbloomberg.ca/pattie-lovett-reid-5-tips-for-protecting-yourself-against-higher-rates-1.1594307
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How Quantitative Ease Inflates Real Estate Prices, And Why It Does not Work Forever
Original Article Source Credits: Better Dwelling , https://betterdwelling.com/
Article Written By: Stephen Punwasi
Original Article Posted on:
Link to Original Article: https://betterdwelling.com/how-quantitative-ease-inflates-real-estate-prices-and-why-it-doesnt-work-forever/
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A Pre-Approval Does Not Guarantee a Mortgage Approval
Original Article Source Credits: Canadian Mortgage Trends, https://www.canadianmortgagetrends.com/
Article Written By: Ross Taylor
Original Article Posted on: April 27, 2021
Link to Original Article: https://www.canadianmortgagetrends.com/2021/04/a-pre-approval-does-not-guarantee-a-mortgage-approval/
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Edmonton realtors predict strong spring housing market
Original Article Source Credits: Edmonton Journal , https://edmontonjournal.com/
Article Written By: Ashley Joannou
Original Article Posted on: April 5, 2021
Link to Original Article: https://edmontonjournal.com/news/local-news/housing-numbers
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