Buyers in the market for homes worth less than $ 500,000, will still only need 5 % down but any purchase over $ 500,000 will require a graduated 10 % minimum down payment. (moneysense.ca)
There continues to be lots of buyers in the market and what is priced right is selling quickly. (remonline.com)
By definition, this means there are many more buyers in the market looking for a home than there are sellers who are selling their home. (remonline.com)