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aid press release. For inquiries, contact the distributor directly.

    Highlights: 13 % of Canadian adults plan to buy their first home within two years; 82 % of those aim to purchase in 12–24 months. 53 % will put at least 20 % down, while 39 % will need mortgage insurance. 41 % expect family or friends to help financially, 51 % will not. Detached homes remain the top choice, and move‑in ready status is the most important non‑price factor, according to Royal LePage® experts nationwide.

    Lower rates, higher inventory, and softer prices in major cities are opening doors for first‑time buyers in 2025, yet many still delay purchases, hoping for better deals amid economic uncertainty and trade tensions. A Royal LePage survey (via Burson) found 51 % researching neighbourhoods, 49 % browsing online listings, 19 % viewing homes in person, and 19 % working with agents. CEO Phil Soper notes buyers are saving and timing entry for potential rate cuts.

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