First Time Home Buyers | Fifth Avenue REM mediaiqdigital tracking pixel

The Return of the First-Time Homebuyers: A Look into Canada’s Real Estate Landscape

Today’s Real Estate Market: Understanding Buyers’ Strategies

GREEN with Envy: The stunning kitchen design that’s growing on Langley homebuyers

Quietly tucked away from bustling Willoughby Town Centre, is an exclusive collection of only 30 traditional townhomes and 16 single family strata homes for a maintenance free lifestyle.

Metro Vancouver real estate market to stabilize in coming months, says economist

As Metro Vancouver moves out of a quieter summer season for the housing market, home prices are expected to stabilize in the next three months, according to the British Columbia Real Estate Association (BCREA). Brendon Ogmundson, BCREA’s chief economist, says home prices peaked in February of this year and have since come down by around 10 per […]

Why more first-time buyers are choosing this Metro Vancouver community

Things are constantly changing in Canada’s real estate space, which poses a good question for first-time buyers: when is the best time to enter the market? Some experts are advising buyers to enter the housing market while they still can. In 2021, a Pollara Strategic Insights survey revealed more first-time buyers were putting down roots in smaller communities and suburban areas […]

Wood Frame Low-Rise Condos Are First-Time Homebuyers’ Best Bets

Affordability Outside of the City Core However, the catch is a low-rise condo outside of Vancouver is where the prices become affordable for most first-time homebuyers, and Squires advises looking in Langley, Surrey and Abbotsford. In a rising interest rate environment, first-time homebuyers need to be cognizant of losing purchasing power as the B-20 mortgage […]

Metro Vancouver’s hot real estate market starting to level off

There are signs Metro Vancouver’s red hot housing market is starting to cool off, with a record-breaking number of properties up for sale in the month of February. According to the Fraser Valley Housing Market stats, buyers had significantly more inventory to choose from last month compared to the months before. In fact, there was […]

First-time buyers should try to enter the housing market while they still can

Navigating today’s real estate market can be a daunting experience as home buyers are faced with a fast-paced, competitive and often frustrating market. On March 2, 2022, the Bank of Canada raised its benchmark interest rate to 0.5%, an increase of 0.25 percentage points, and a move that is expected to be the first of […]

Release of Consumer Information Brochure on Pre-Sale Purchases

Many British Columbians are making the decision to purchase a unit in a development that is not yet constructed. This decision is usually the largest purchase a person will make in their lifetime and is often both an exhilarating but also nerve-wracking experience. And while there are advantages to “purchasing pre-sale” there are also some […]

Home Buyer Tax Credits for the 2020 Tax Season

Did you become a first-time homebuyer in 2020? Did you know that you can apply for a $5,000 rebate for the purchase of your new home? The Home Buyers’ Amount (HBA) is a non-refundable credit that allows first-time purchasers of homes, and purchasers with disabilities, to claim up to $5,000 in the year when they […]