1st time buyers incentives
To stimulate the real estate & buiding market the government has offered a incentive for 1st time buyers http://www.cra-arc.gc.ca/nwsrm/rlss/2009/m02/nr090202-eng.pdf In a nut shell it gives 1st time buyers $750. for closing costs. Even with the softening in prices this "gift" is not enough to not get new buyers racing off to purchase their 1st piece of real estate As Shakespeare would say "much to do about nothing"