Blog by Andrew Peck

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You can use your RRSPs to buy a home

You can use your RRSPs to buy a home

If you’re planning to buy a home, you can now withdraw up to $25,000 from your RRSP to for a downpayment. Couples can withdraw up to $50,000.

The Home Buyers’ Plan (RRSPs for down payments) is a federal government initiative.

Previous maximum withdrawal amounts were $20,000 for an individual and $40,000 for a couple. These amounts were increased thanks to lobbying efforts by the Canadian Real Estate Association.

For information, click here.

Is our housing market at risk?

May 31st, 2017
Is our housing market at risk? Today, the International Monetary Fund reported that Canadian households are highly indebted and housing affordability, particularly in Vancouver and Toron...Click here to read more detail about 'Is our housing market at risk?'

Moving towards a National Housing Strategy

May 1st, 2017
Moving towards a National Housing Strategy The Canadian Real Estate Association and its member real estate boards and associations across Canada have long advocated for better access to ...Click here to read more detail about 'Moving towards a National Housing Strategy'

What are the key challenges we face as a profession?

February 18th, 2016
What are the key challenges we face as a profession? If someone were to ask me what one characteristic Realtors® share, I'd say - adaptability.  Take a minute and think about i...Click here to read more detail about 'What are the key challenges we face as a profession?'

Will a luxury or speculation tax create more affordable housing?

February 2nd, 2016
Will a luxury or speculation tax create more affordable housing? In the last month, both the Mayor of Vancouver and economists from the University of British Columbia and Simon Fraser Un...Click here to read more detail about 'Will a luxury or speculation tax create more affordable housing?'