Are you a first-time home buyer?

You are considered a first-time home buyer if, in the four year period, you did not occupy a home that you or your current spouse or common-law partnerowned.


Even if you or your spouse or common-law partner has previously owned a home, you may still be considered a first-time home buyer.
If you have a spouse or common-law partner, it is possible that only one of you is a first-time home buyer

The four-year period

Begins on January 1st of the fourth year before the year you withdraw funds.
Ends 31 days before the date you withdraw the funds.
For example, if you withdraw funds on March 31, 2017, the four-year period begins on January 1, 2013 and ends on February 28, 2017.

Can you participate in the HBP later?

If you are not considered a first-time buyer now, you may be considered a first-time home buyer later, once the four-year period has passed.

For example, if in 2011 you sold the home you lived in before, you may be able to participate in 2016. Or if you sold the home in 2012, you may be able to participate in 2017.
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