Finding your dream home can be tough in the Canadian market. As prices and interest rates continue to rise, the dream of once owning a home with your partner can often feel like it’s slipping away.
However, Wahi has a new and free house hunting app for couples that is here to help. With the Wahi app, couples can finally purchase a home with confidence and get closer to landing their perfect abode. With Wahi’s collaboration feature, couples can easily peruse through house listings together in an exciting, new way.
Couples are able to keep track of each other’s listings and even receive recommendations as co-buyers. Wahi makes house hunting convenient and streamlines the communication process between partners to make finding a home a breeze.
On the app, couples can schedule house tours together, keep a record of showings, chat with each other and their Realtor and lastly, receive alerts about properties each other likes or when a showing is booked.
Wahi couldn’t have come at a better time as more Canadian couples are expected to jump into the housing market this summer. In fact, 77 per cent of Canadian homeowners purchased a home with a romantic partner, according to a Wahi survey.
As couples enter the housing market, they will face steep prices that are expected to continue rising. The national average home price is set to climb nearly five per cent to $710,468 by the end of 2024, according to the Canadian Real Estate Association (CREA). And here in Toronto, $985,000 is the median price for a home in the Greater Toronto Area (GTA) as of March, based on Wahi data.
To help first-time buyers get into the market, the federal government recently announced 30-year amortization periods on insured mortgages, but despite this, Canadians continue to feel strapped for cash. Not to mention the property taxes and closing costs that buyers have to consider when purchasing property.
That is why Wahi is making it easier for Toronto couples to catch a break and get some money back when buying a home with its Wahi MyBuy cash-back program.
The initiative provides customers with Realtors who offer top-notch virtual service, and they can get up to one per cent of the sale price back in cash after closing.
Torontonians, specifically, should take advantage of this exciting offer. For example, if someone purchased a $1-million home, they would get $10,000 cash back in their pockets.
Canadian couples looking to buy a home can download the Wahi app here and learn more about Wahi’s MyBuy cashback program here.