Did you know that you can take up to $25,000 out of your RRSP to buy your first home?
Before applying to withdraw funds under the HBP you must meet the following conditions:
Even if you or your spouse or common-law partner have previously owned a home, you may still be considered a first-time homebuyer.
Visit the CRA website for more details. http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/rrsp-reer/hbp-rap/menu-eng.html