First-time buyers: Hunt for that first home

METRO NEWS – The condo is your first house. As everyone knows, Toronto’s single-family housing prices are going through the roof, which is making it difficult for young, first-time buyers to get foothold the real estate market. Shaun Singh and his wife are searching for a home, but have found the Toronto market to be very competitive. “Our rent is going up every year and so if the rent is becoming too much to afford compared to just owning a place, that’s what spurred us into looking at buying.” he says.

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(Article reprints courtesy of Metro News)

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