$115K is the average family gift for first-time homebuyers in Canada: CIBC

A new report from one of Canada's biggest banks shows how some Canadians are managing to buy their first homes. As it turns out, they're not covering the entire costs themselves, according to CIBC. Global’s Nathaniel Dove looks at where the money – an average of $115,000 – is coming from and how many first-time buyers are getting this kind of leg up. For more info, please go to https://globalnews.ca/news/10586834/canadians-family-help-home/ Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on X HERE: http://bit.ly/1Toz8mt Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB #GlobalNews #CIBC #Homebuyers