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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Sales in the first half of 2025 were higher than last year in the Central Okanagan, despite major economic and political headwinds. Renewed tariff threats could continue to weigh on sales and consumer confidence in the second half of the year.

Trade tensions return as the White House threatens new import tariffs. Meanwhile, Coachella Valley’s first-half home sales have been the slowest in over a decade.