Posts Tagged ‘house poor

Many Canadians are buying homes at record prices. Buying a home at the top of your budget can create a situation where owners are “house poor”. House Poor is a term to describe owners who are able to afford their mortgage payment, but are not able to afford to spend money on other necessities or […]

Everyone has their budget for buying their next home. This “budget” starts out at an amount that the buyers know they can comfortably afford. Then buyers typically end up putting in offers for the maximum that they can afford, and eventually they end up buying the home for much more than they can afford, and […]


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Canada Real Estate News

Real estate news in Canada including buy and sell information, local market updates, guides, tips for Canadians in the real estate market.