First-timers provide the critical thrust

Financial Post- First-time home buyers provided the critical thrust that propelled the real estate market out of a recessionary slump, and with historically low interest rates and reasonable prices, the conditions are still ripe to lure many more potential purchasers into the fold, industry experts say.

First-timers provide the critical thrust

Fewer first-timers entered Lower Mainland market in 2008

 Vancouver Sun, Vancouver, BC – Some 22 per cent of buyers within the territory of the Real Estate Board of Greater Vancouver, and 26 per cent in the Fraser Valley Real Estate Board territory were first-time buyers, according to the survey conducted by the polling firm Mustel Group…

Fewer first-timers entered Lower Mainland market in 2008