35% Of First-Time Buyers Getting Help From Bank Of Mom and Dad

P.S. Whenever you’re ready there are 3 ways we can connect.

1 - Book an appointment with me 📅
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2 - Check out my weekly podcast, “The Tom Storey Show” 🎙️
https://www.youtube.com/@TheTomStoreyShow

3 - Learn about my partnership with Scott Mcgillivray ✨
https://youtu.be/B1Waset7XOM

Video Chapters

0:00 - Introduction: First-Time Home Buyers' Concerns

0:11 - Roy LePage's 2023 First-Time Home Buyer Survey

0:31 - Real Estate Companies and Surveys: Are They Trustworthy?

0:40 - Welcome to the Channel

1:01 - Housing Affordability and the Tom Storey Show Podcast

1:25 - Survey Highlights: Down Payment Dilemma

2:13 - Comparing Canadian Markets: Worries About Down Payments

3:01 - The Reality of Buying Your First Home

4:02 - Financial Assistance from Family for First-Time Home Buyers

4:46 - One in Four Canadians Want to Buy an Investment Property

5:15 - Survey Demographics and Methodology

6:00 - How Worried Were First-Time Home Buyers About Down Payments?

6:57 - Current Potential Buyers' Worries About Down Payments

7:17 - Types of Financial Assistance Received from Family

8:01 - Housing Affordability: A Major Issue in Canada

8:14 - Share Your Thoughts on the Survey

8:19 - Closing Remarks and Channel Sign Off

The opinions expressed herein are solely that of Tom Storey, not Royal LePage or the TRREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement. This is not financial advice.