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

Feb 04, 2022

Written by

Ryan Berlin

SHARE THIS

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.

Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.

Written by

Ryan Berlin

blog-feature-media-cmkn6xrno5j2b07u0m1aav2vu

Pre-sale / Resale

the seattle rennie review | January 2026

The King County housing market ended 2025 just shy of last year’s totals in a year marked by policy upheaval, with 2026 shaping up to be just as eventful.

Jan 2026

Report

blog-feature-media-cmkhdhy706i8g07u6lbimn6t8

Pre-sale / Resale

the kelowna rennie review | January 2026

The Central Okanagan market navigated an uncertain economic environment better than its peers last year, the only major market in BC to record a year-over-year sales increase. Higher detached home sales were responsible for nearly the entire gain.

Jan 2026

Report

Search for properties

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

Subscribe to weekly market insights

Related

The King County housing market ended 2025 just shy of last year’s totals in a year marked by policy upheaval, with 2026 shaping up to be just as eventful.

The Central Okanagan market navigated an uncertain economic environment better than its peers last year, the only major market in BC to record a year-over-year sales increase. Higher detached home sales were responsible for nearly the entire gain.