An Update on First Time Home Buyers
In this session, we'll share some of Teranet's authoritative data, reflecting current trends amongst first-time homebuyers in Ontario.
We will focus on the following data trends:
- First-time homebuyer vs non-first-time homebuyer volumes from 2018 to2022 year-to-date
- Parties on title with first-time homebuyers from 2012 to 2022 year-to-date
- Property preferences of first-time homebuyers
- Volume of condo vs. single-detached sales amongst first-time homebuyers year-to-date
- Average sale price of condo vs. single-detached properties purchased by first-time homebuyers
- Regional preferences of first-time homebuyers
First-time homebuyer charge volume and total volume year-to-date Lender preferences of first-time homebuyers.