The market has shifted in favor of first-time buyers. More homes are available, prices have adjusted from recent years, and government incentives are stronger than ever. If you have been thinking about buying your first home, 2026 may be the year to do it.
First-Time Buyer Incentives in BC
Property Transfer Tax Exemption
Full exemption on homes under $500,000, with partial savings up to $835,000. This can save you thousands on closing costs.First Home Savings Account (FHSA)
Contribute up to $40,000 tax-free and use it toward your down payment. Both contributions and withdrawals are tax-free.Home Buyers' Plan (HBP)
Withdraw up to $60,000 from your RRSP to put toward your down payment. You repay it over 15 years without penalties.
These programs add up. Combined with current market conditions, first-time buyers have real opportunities right now.
This is our third listing in this beautiful building! (have we mentioned we love referrals?). Enjoy bright and modern in the River District by Polygon. Over 900 sq. ft. with floor-to-ceiling windows, in-floor radiant heating, a kitchen with gas range and quartz countertops, and a king-sized primary bedroom with walk-in closet and spa-like ensuite. Pet-friendly, with a fitness centre and 1 parking stall, steps from trails, parks, and a grocery store.
2 Beds | 2 Baths | 900 Sq. Ft.
2 Beds | 2 Baths | 900 Sq. Ft.
Prime flat and sunny lot in sought-after Parkcrest with suite potential for mortgage helper or multi-generational living. R1 zoning allows 6-plex development. Minutes from Brentwood Town Centre, SkyTrain, and Burnaby Lake, within Parkcrest Elementary and Burnaby North Secondary catchment.
4 Beds | 4 Baths | 3,585 Sq. Ft. | 8,052 Sq. Ft. Lot
Get more details/ Schedule a Showing.
Oversized 3-storey townhome in Spyglass Hill feels like a detached house. Recently updated with new flooring, modern lighting, and refreshed bathrooms. Vaulted ceilings, skylights, south-facing, primary bedrooms with ensuites on two levels, double garage, pet-friendly, quiet cul-de-sac in prestigious Handsworth catchment.
5 Beds | 5 Baths | 3,338 Sq. Ft.
5 Beds | 5 Baths | 3,338 Sq. Ft.
What's On This Month
Unravel
Through March 14, Tue-Sun, 10 AM - 5 PM, Seymour Art Gallery - North Vancouver.
Three artists look at big themes like displacement, difference, and connection through weaving, printmaking, sewing, and installation. Worth a visit before it closes. Details here.
Connection
Three artists look at big themes like displacement, difference, and connection through weaving, printmaking, sewing, and installation. Worth a visit before it closes. Details here.
Connection
Through March 8, Wed-Sun, 12-4 PM, 1570 Argyle Ave - West Vancouver.
Painters Brandy Mars and Alli van Gruen share warm, expressive works about human connection and memory. Closing soon! Details here.
Painters Brandy Mars and Alli van Gruen share warm, expressive works about human connection and memory. Closing soon! Details here.
Skate Plaza at The Shipyards, Ongoing, North Vancouver.
A beloved North Shore spot right in the heart of the Shipyards. Catch it before the season winds down. Details here.
Let's Make Spring Count
Spring is almost here. Whether you are buying your first home, upsizing, downsizing, or just curious about what your home is worth today, we are here to help.
Sean & Kim
Whittall Real Estate Team
Rennie & Associates Realty
