Meanwhile, people who already own homes are accruing huge amounts of equity, thanks to soaring values and low prepandemic mortgage rates. That allows them to make larger down payments and all-cash ...

Still, the reduction in average price and rates is helpful for first-time buyers, if only slightly so, especially for those ...

A new survey shows that first-time buyers in Canada still seek single-family detached homes, a housing type increasingly out of reach in Vancouver and Toronto, but not in Edmonton where it remains an ...