Buying your first home as a first-time buyer in the Metro Vancouver or Fraser Valley housing market can seem daunting. The relatively high housing prices in our region make it necessary for potential homebuyers to be disciplined and aggressive in their savings habits. Starting to save early and consistently is essential to get a foothold in the real estate market here.
The Tax-Free First Home Savings Account is a savings vehicle that all first-time homebuyers in the Fraser Valley and Metro Vancouver should seriously consider taking advantage of. The video link below gives a nice overview of what this savings account can do to help you get started on your journey towards saving up a downpayment for a condo, townhouse or house.
This link below takes you to the Government of Canada’s own overview of the Tax-Free Firt Home Savings Account, for more details.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.