Is now the moment for first-time buyers to get into the housing market?

Kuntal Khasnobish
Thursday, August 28, 2025
Is now the moment for first-time buyers to get into the housing market?

For many Canadians, there's been little hope of home ownership in some of the country's biggest housing markets. 

But that narrative appears to be shifting, at least in places such as Vancouver, Toronto and surrounding areas, as prices remain relatively low and interest rates seem to hold steady.

"I'm definitely starting to see those first-time buyers slowly come back in and starting to look at what's out there," said Toronto real estate agent Heather Hadden. "I haven't seen such a good time for a first-time buyer in years and years."

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