09/24/2025
π‘ Is the dream of homeownership in Atlantic Canada slipping further away?
In a recent SaltWire feature, Worthy Financial founder Timothy MacEachern broke down the three biggest challenges first-time buyers face today:
1. Rising prices vs. stagnant incomes β average approval around $294K, but average homes cost $329Kβ$437K.
2. Down payments + closing costs β legal fees, property taxes, and deed transfer taxes add up.
3. Buyer competition β even with a solid income, youβre competing against others just like you.
But thereβs hope. With smart planning, tools like the First Home Savings Account (FHSA), and provincial assistance programs, the path to homeownership is still possible.
At Worthy Financial, our clients often prepare for their first purchase in as little as 30 months. The key? A personalized plan and strategies that work for your unique financial situation.
π Read the full article here: linktr.ee/worthyfinancial
π Or book a free call to start your journey: worthyfinancial.ca/