Love at 1st sight for most new homebuyers, poll suggests

Looking for a perfect home can be an emotional roller-coaster, but a new study suggests finding the right property often comes down to love at first sight.

In its report titled Psychology of House Hunting, the Bank of Montreal found that 80 per cent of prospective homebuyers know if a house is the right one for them the moment they step inside.

Read more:

Local homebuyers defy national trend

Fewer Canadians have been taking the plunge into home ownership for the first time in the past few years — and that worries economists studying the national residential real estate market.

The health of the first-time homebuyer segment of the residential real estate market is crucial for Canada’s homebuilders, an economist told the recent national conference of the Canadian Home Builders’ Association.

Read more:

Homebuyers flock to Airdrie

Airdrie and other outlying communities outpaced home sales growth in Calgary in 2012, proving that this city is a desirable place to live for many.

“It was a great year in real estate in the number of sales,” said Matt Carre, a RE/MAX realtor with the Carre Group in Airdrie. “Our increase in sales was over 20 per cent over 2011 numbers.”

Read more: