Approximately 40 per cent of the parents of younger homeowners in Ontario say that they helped their children financially with their purchase, with the average gift exceeding $70,000.
Approximately 40 per cent of the parents of younger homeowners in Ontario say that they helped their children financially with their purchase, with the average gift exceeding $70,000.
The average resale price of a condominium in the Greater Toronto Area has now surpassed $700,000 as the market bounces back from a slowdown in the early days of the pandemic.