The latest property transfer data from the B.
Ministry of Finance, released at the end of July, indicates that foreign buyers have all but disappeared from the Lower Mainland. With sky-high housing prices this side of the Port Mann, many have chosen the latter option. According to B.
Ministry of Finance data, Surrey registered first-time home purchases in the first six months of Abbotsford was the second most popular choice, attracting first-time homebuyers.
Perhaps even more remarkable, sales in the far eastern reaches of the Fraser Valley accelerated, with Chilliwack attracting first-time buyers. This positions it to overtake Richmond as the third most popular destination for first-time homebuyers. Richmond had first-time buyers in the first half of Massage bascom ave North Vancouver, but Chilliwack has outsold it in each of the past four months.
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