Garry Marr: Are young FHSA savers about to get duped again?

1 week ago 15

Rommie Analytics

One mortgage broker said people should stop thinking of their houses as investments, adding that the market downturn is driving people to make purchases based on life events.

Canadians have billions of dollars tucked away in their First Home Savings Accounts , a savings stockpile that has only been growing as stock markets have powered higher in recent years.

The real estate industry would love to see first-time home buyers drain those accounts, but a major question for young Canadians today is whether they want to be tempted back into a tepid housing market. The Read Entire Article