2023-12-09 15:33:12
Due to the favorable context for sellers, purchasing a property is proving difficult for first-time buyers, notes a real estate broker, who shared the situation of a couple who wishes to become owners.
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In an interview on LCN, Younes El Moustir took stock of the state of the real estate market.
In most sectors, real estate prices are holding up, but remain high.
Joël Lemay / Agence QMI
To access property, the real estate broker notices new trends.
Some buy in groups, while others rely on the support of their parents and grandparents.
TVA News
Mr. El Moustir also raised the case of two clients, a couple, actively looking for a property.
The couple’s salary, totaling more than $200,000 per year, does not allow them to find a property according to their needs, explains the entrepreneur.
“I’ll give you a concrete example. I was shopping this week with a couple. They made over $100,000 each, and despite this, it was difficult to find a property that suited them. This is very good income, but despite this, interest rates are holding back many people,” he said.
*Watch the full interview in the video above*
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