The proposal of the First Time Home Buyer Incentive could see the cmhc_schl contribute up to 10% of the purchase price of a home. While it is a good way to assist first-time home buyers trying to get into the market I believe it will also drive up prices and increase competition in an already competitive entry level market. Are you a prospective home buyer or seller? What do you think? Check out the cbcnews article on my Facebook for more /RowanNewstadtRealEstate #torontohousing #realestate #cmhc #cbcnews #rowannewstadt