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Sales activity increase led by lower-priced homes

Published by CREB, September 3, 2019 – Increased sales and easing new listings reduced housing inventories in August. Sales were primarily driven by homes priced below $500,000. “Employment numbers have been improving, but mostly in industries that are traditionally lower paid,” said CREB® chief economist Ann-Marie Lurie. “This is contributing to ...

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6 things to know about the First-Time Home Buyer Incentive

Posted by BNN Aug 30: The federal government’s new incentive aimed at improving affordability for first-time homebuyers was launched Sep 2. Ottawa has earmarked $1.25 billion over three years for the First-Time Home Buyer Incentive (FTHBI), which is designed to lower new homeowners’ monthly mortgage payments without boosting their down ...

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