For many Canadians, there's been little hope of home ownership in some of the country's biggest housing markets.

But that narrative appears to be shifting, at least in places such as Vancouver, Toronto and surrounding areas, as prices remain relatively low and interest rates seem to hold steady.

"I'm definitely starting to see those first-time buyers slowly come back in and starting to look at what's out there," said Toronto real estate agent Heather Hadden. "I haven't seen such a good time for a first-time buyer in years and years."

Hadden and many other experts are calling it a "buyer's market" — especially for those looking for condos — because supply is high and pressure to act quickly is low.

"We're finally seeing a market where buyers can negotiate, take their time, and they have

See Full Page