Sentences with phrase «cent of the time buyers»

Not exact matches

To be eligible, first - time buyers must be pre-approved for an insured high - ratio mortgage for at least 80 per cent of the home's purchase price.

For first - time buyers, it would mean a 6.5 per cent increase of $ 475, «or, at best, the status quo, if the current rebate is not adjusted higher than what is currently being proposed,» says TREB.

67 per cent of Torontonians support increasing the Land Transfer Tax rebate for first - time buyers to reduce the amount of tax that first - time buyers are required to pay.

A five per cent deposit from your savings will result in you receiving a loan totalling 20 % of the value for first - time buyers - it's now available to anyone of all incomes, he explains, for all new - build properties.

Mr Osborne announced an increase in the threshold before workers start paying income tax to # 8,105, financial support for first - time home buyers, a two per cent cut to corporation tax this year, a tax on private jets, a clampdown on non-doms, the introduction of # 140 flat - rate state pension, a review into a merger of national insurance and income tax and a fair fuel stabiliser, including a 1p cut on fuel duty.

With 71 per cent of families in owner occupation - the highest in the Western world - the private sector is not far from market saturation, with penal income / price ratios putting first time buyers at increasing risk should there be an economic slow down.

The Ontario Real Estate Association wants the government to exempt first - time buyers from the land transfer tax, which rises from half - a-per cent on the first $ 55,000 of a purchase price to two per cent for everything above $ 400,000.

â $ cents Available to first - time homebuyers only, which includes buyers who have not owned a primary residence, or have not owned an interest in a primary residence, within three years of the purchase

The Property Transfer Tax First - Time Home Buyers» Exemption program calculates the exemption at a rate of one per cent on the first $ 200,000 and two per cent on the remaining value of the purchase price.

Canada Mortgage and Housing Corp. said 18 per cent of first - time buyers polled said they received a gift from a family member as part of their down payment.

About half of first - time buyers who bought a home under $ 200,000 put down only 5 per cent, according to Altus.

During the four - year period, first - time buyers said 11 per cent of their down payment was a gift from family and six per cent was a loan.

The Message Boards on E * TRADE show that many SUNE stockholders still think that it is a good time to buy SUNE stock (trading at 5 cents per share) since they believe it will be resurrected by a white knight buyer or new fortunes in sales of unreported assets.

More notably, in October 2016, OSFI instituted a two - per - cent stress test for all insured mortgages (less than 20 - per - cent deposit) and almost overnight, prices in the GTA condo market shot up by 20 per cent and have not looked back since, leaving a lot of first - time buyers priced out of the market.

According to the Wall Street Journal, 60 per cent of a buyer's time is spent browsing listing photos, while just 20 per cent is spent poring over your description, so good photos, and a lot of them, are well worth the investment of your time.

Nationwide, 55 per cent of first - time buyers settle on a fully detached home with 17 per cent opting for a condominium, 15 per cent buying a townhouse and 13 per cent purchasing a duplex.

The poll, conducted by Ipsos Reid, also says that 30 per cent of recent first - time home buyers in Toronto had to pay some Toronto Land Transfer tax.

Some media suggest that from one - third to 40 per cent of all first - time buyers get family help to buy a home.

He says around the same time, there was a tightening of mortgage qualifications, which squeezed out about 15 per cent of previous would - be buyers, creating a whole new market of RTO clients.

67 per cent of Torontonians support increasing the Land Transfer Tax rebate for first - time buyers to reduce the amount of tax that first - time buyers are required to pay.

This finding was despite more than half (53 per cent) of all buyers (first - time and repeat buyers) saying they found their most recent agent through a recommendation from family or friends.

Over half (54 per cent) of renters cited affordability as a key reason for not owning a home and 70 per cent surveyed indicated they would be more willing to consider owning if the government offered more tax breaks and incentives to offset costs for first - time buyers.

«First - time buyers were busy in 2009 as they comprised 19 per cent of all transactions, the highest recorded since 2004.

It says CMHC should also consider offering special interest groups such as first - time home buyers and those who purchase an energy - efficient home a premium reduction of up to 25 per cent.

«The companies we do business with, according to those buyers and sellers, are contacted after their agent's closing over 90 per cent of the time.»

Sixty - six per cent of first - time buyers are millennials.

That's up nearly six per cent from an average of $ 300,000 in last year's report on first - time home buyers.

In Atlantic Canada, where local economies have been resilient in the face of a worldwide recession and housing markets remain stable, 43 per cent of first - time buyers say they that job security is a factor in their decision to buy, while 84 per cent of buyers in British Columbia and Alberta said job security will influence them.

In Toronto, where home and condo values also have climbed rapidly, 50 per cent of first - time buyers expressed the same sentiment.

Rising property taxes were cited by almost 60 per cent of first - time buyers across the country — a level of worry that peaks at about 70 per cent in British Columbia, Alberta and the Greater Toronto Area.

The top consideration, at 63 per cent, of first - time buyers nationally was «high monthly payments,» which was highest in the most expensive housing markets, including Alberta (74 per cent), the Greater Toronto Area (73 per cent), Ontario (71 per cent) and British Columbia (65 per cent).

• Almost 60 per cent of first - time buyers said they'd get mortgage information from the Internet, including the use of online mortgage calculators to see what monthly payment they could afford.

First - time home buyers accounted for 15 per cent of purchases made in the board area and 11 per cent of first - time home buyers used RRSPs.

Low or no down payments were popular with first - time buyers in 38 per cent of markets.

Eighty - six per cent of potential first - time buyers say low interest rates make them more likely to purchase a home; 81 per cent cite lower housing prices as a motivating factor; while 76 per cent cite job security; and 64 per cent say a stable economy is an important factor in their decision to buy.

Canadians have continued to demonstrate confidence in the Canadian housing market, with 57 per cent of home purchases in 2013 coming from first - time buyers.

In British Columbia, where high housing prices have kept some buyers out of the market in recent years, 92 per cent of potential first - time buyers are now motivated by low interest rates and 96 per cent say lower home prices are likely to prompt them to buy.

«The market is very strong for first - time home buyers, and in Scarborough, 75 per cent of the homes are priced at less than $ 250,000,» says Alex. «There's an expression that you are either busy born or busy dying — and our case, we had to decide if we should expand to handle demand, or just hunker down.

In markets like Newmarket where more than 30 per cent of buyers were investors, house prices are now down 25 per cent from the same time last year, Richmond Hill's declines were steeper at 27 per cent and Markham prices slid 22 per cent.»

The first example statistic given: • «52 per cent of those surveyed incorrectly think buyer and seller representation agreements are standardized...» If what is being suggested here, is that real estate professionals are telling consumers that minimum time frames are applicable when they're not, then we should be clear that such is the case — ergo the issue.