homeownership Archives - Mortgage Rates & Mortgage Broker News in Canada

Jennifer Queen, Realtor with The Queen Team

What to expect when making the jump from renting to home ownership

March 5, 2025 No Comments

Going from renting to owning is a major life upgrade — but now that your name is on an asset, you have to take care of it.

Parents helping kids with mortgage down payments

Latest in mortgage news: Adult children of homeowners twice as likely to own a home

November 27, 2023 No Comments

A key factor in determining whether an individual is likely to become a homeowner is whether or not their parents were property owners, a new study shows.

Renting vs. buying in today’s market: how monthly payments compare

July 27, 2023 No Comments

A new study has found the cost of renting vs. buying comparable housing in select Canadian markets is nearly on par.

Investors made up 20-30% of home purchases during the pandemic: StatCan

February 6, 2023 1 Comment

Investors made up between one fifth and one third of home purchases in 2020, according to new data from Statistics Canada.

75% of Gen Z Adults Plan to Buy a Home Despite Affordability Hurdle

December 10, 2021 No Comments

Home ownership continues to be a priority for most young adults. Three quarters of Generation Z adults in Canada plan to buy a home in their lifetime, half of whom say that goal is “very likely.”

Buying vs. Renting: Homeowners Come Out Ahead, Study Says

September 29, 2021 No Comments

Despite higher home prices and larger mortgages, monthly housing costs are currently lower for homeowners—on average—compared to renters.

Latest in Mortgage News: Homeownership Becoming a “Pipe Dream” for Millennials

December 6, 2019 No Comments

A growing number of millennials are resigning themselves to the fact that homeownership may be out of reach for them, according to a new poll.

Canadians Not Deterred By Homeownership Obstacles

September 6, 2019 No Comments

Those dreaming of homeownership face a long list of obstacles: high prices, low supply and ever-changing mortgage rules and qualification requirements, to name a few.

Majority of Canadians Say It’s Better to Own than Rent

April 8, 2019 No Comments

Despite stratospheric prices in the country’s largest housing markets, a majority of Canadians still see the value in owning a home compared to renting. That’s

Homeownership Rates in Canada Still Among Highest Globally

March 4, 2019 No Comments

Despite housing affordability concerns across the country, homeownership rates in Canada remain among some of the highest in the world. As of 2016 (the most

homeownership