Family fund: $115K is the average gift for 1st-time homebuyers, CIBC says
Some Canadian family members now give their kids $115K on average to buy a home, a report found. It said relying on a family gift is “becoming the norm.”
Some Canadian family members now give their kids $115K on average to buy a home, a report found. It said relying on a family gift is “becoming the norm.”
