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Nearly one in five Canadians aged 18 and up say they “probably will or may” buy a home in 2024, according to a new Wahi Realty Inc. survey of Angus Reid Forum members that looks at homebuyer intentions for the new year as well as what they are doing to make their ownership dreams come true.

To that end, the survey found that many are planning to make sacrifices, including spending less, working longer hours or taking on a side hustle.

If you’re thinking of buying a home in 2024, and this is your first home, there are a few tax incentives you should be considering. Let’s review the top three tax strategies.