What You Need To Know About First-Time Home Buyers In Metro Vancouver

Feb 04, 2022

Written by

Ryan Berlin

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The proportion of completed-home purchases in Metro Vancouver attributed to first-time home buyers (FTHBs) dipped in 2021 vs the prior 3 years.
In spite of a recently lower share, the absolute number of first-time home buyers increased each year between 2018-2021.
Activity in the pre-sale market more or less mimicked this pattern, with the number of FTHB pre-sale purchases rising annually between 2019-2021.

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Written by

Ryan Berlin

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What You Need To Know About First-Time Home Buyers In Metro Vancouver

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The 2025 federal budget may have included piles of new spending and initiatives, but there were few with respect to housing. On its own, it will do little to improve housing affordability or stimulate new construction.

Benchmark price infographics for detached homes, townhomes, and condos are available for sub-markets in the Vancouver Region, Greater Victoria, and Central Okanagan regions.