March 26, 2014 | Cody Stuart
With the options for some first-time homebuyers growing more restricted, buyers are waiting a little longer or spending a little more to find the home of their dreams.
According to a new report from BMO
, first time homebuyers in Calgary were more willing to increase their budget than anywhere else in Canada with 54 per cent of Calgarians prepared to spend more. As a result, buyers are also expanding their search to include a greater range of properties.