Wendy McLeod, CIPS Certified International Property Specialist : Blog : Latest Blog Posts

VANCOUVER HOMESALES LOOSE MOMENTUM

Thu, 06 Aug 2026 18:30:55 GMT

PRICING YOUR HOME CORRECTLY

Fri, 17 Jul 2026 01:02:46 GMT

Here are seven tips for selling in a buyer’s market in the Canadian housing sector:

#1 Price Your Home Correctly

It is crucial to make sure your property is competitively priced. It is important to remember that the buyer has the power to negotiate in a buyer’s market. Buyers also typically have more choices in this kind of climate. Therefore, if you are interested in selling your property, you will need to attract buyers, which can be successfully achieved by pricing your property competitively. You can do so by conducting thorough research in the area of your property and pricing it based on current market conditions. Of course, a real estate agent can help you with choosing a price that will be competitive.

#2 Are Upgrades Needed?

When assessing your residential property, can you ensure the property is in good condition? If not, you may need to go ahead with proper repairs and upgrades. Remember, buyers will always choose a property that provides them with the greatest value for their money. It is essential that your property is in excellent condition and that all necessary repairs and upgrades have been completed before showing the property to buyers.

This can add significant value to your property and assure buyers that they are investing their money in something worth the cost. The goal should be to make your property appealing. If this means a fresh coat of paint, an extra bedroom, or new flooring, then so be it. However, since renovations cost money, the renovations and upgrades should be done considering the price the property will likely command with those changes.

#3 Curb Appeal

Many real estate agents and industry experts typically suggest maximizing your property’s curb appeal. Why? The first impression is usually the last. This is especially true in real estate. The first thing any potential buyer sees is a property’s exterior. Before putting up your property for sale, try to pay special attention to its curb appeal and surroundings. The exterior of the house should not look unkempt. The porch should be clean, for example. Uneven pathways should be fixed. There should be no overgrown bushes, weeds, leaves, broken or bad lights, broken pots, poor landscaping, or spiderwebs.

Overall, the external appearance should be in perfect condition. Only then will the buyer have a positive mindset when examining the property’s interior.

#4 Flexibility

Flexibility was not a common word during the last couple of years. Today, the term is quite ubiquitous. Put simply, always be flexible and willing to negotiate. Since buyers have multiple options and properties to choose from, they have the upper hand in a buyer’s market. Indeed, those interested in selling their property should be open to negotiations and should aim to reach agreements that are mutually beneficial for both parties. This does not mean the seller has to sell his property at a loss. The real estate market typically maintains a dynamic where sellers can still make a decent profit even if the buyers have more negotiating power.

#5 Real Estate Agents

No matter your circumstances, you must always work with a reputable real estate agent. Property owners may have the most fantastic property but finding a suitable buyer still requires the expertise of a reputable and experienced real estate agent. This is even more important in a buyer’s market as real estate agents have more information about market trends and dynamics and can help sellers price their property at the most competitive price and present it in a way that the buyer is convinced that this is the best option for them.

Real estate agents are also better positioned to advise which upgrades or renovations are needed and which might not be worth the money. They know what can give a particular property an edge in the market, and sellers should utilize this expertise to get the best price and buyer.

#6 Presentation Matters

Every seller must present the home properly. Once the real estate agent identifies a prospective buyer, it is vital to ensure they can present your property most effectively. Homes should be staged to make buyers envision themselves in that space. Properties for sale should never be cluttered or dirty, personal items should be removed, and the whole ambiance should be that of space, comfort, and livability.

#7 Try to Sweeten the Deal

In the end, when you are confined to the parameters of a buyer’s market, buyers expect more. One tip to make your property more attractive is to offer something to sweeten the deal. This could include a broad array of features, such as including the home’s appliances or offering an early closing.

Costs to plan for in your first year of Home Ownership

Fri, 17 Jul 2026 00:37:11 GMT

Breaking Down the Key Costs to Plan for Your First Year

Mortgage, Property Tax and Insurance

Start with your all-in mortgage payment. That covers the principal, the interest, and, if your down payment is under 20 percent, mortgage default insurance that is usually added to the loan. Next, add your annual property taxes, based on the home’s assessed value, and your home insurance, which lenders almost always require. If you are buying a condo or townhome, factor in condo or strata fees as well, because they pay for building insurance, shared services and future repairs. These core payments are the expenses of owning a house that you will face every single year, and they form the base of your budget.

Around closing, you also need to account for several one-time costs. These include the inspection, appraisal, legal fees, land transfer tax, title insurance, a possible survey, tax or utility adjustments with the seller, and the cost of moving. They do not repeat every month, but they do hit your bank account in year one. In Canada, these closing costs often add up to roughly 1.5 to 4 percent of the purchase price. Treat them as part of your overall first-year budget, not as an afterthought you figure out at the last minute, especially once you add them to all your other house expenses.

Monthly Running Costs: Utilities and Services

Next is what it costs to actually live in the home each month. That usually includes electricity, gas or heating oil, water, sewer, and any garbage or recycling charges in your city. On top of that, most households will have internet and maybe basic TV or home phone, plus any services you outsource like lawn mowing, snow removal or regular pest control. These are the bills that show up again and again, and together they make up a large part of what it really costs to keep the lights on and the home comfortable.

If you are coming from a small or well-insulated apartment where heat or water was included, expect these amounts to be higher in a larger home. Ask the seller or your agent for recent utility bills and base your budget on one of the expensive months, such as the coldest winter or hottest summer bill. That way, seasonal spikes feel normal instead of like a nasty surprise, and you can fit these house expenses into your monthly cash flow without constant stress.

Maintenance, Repairs and Big Ticket Fixes

As a homeowner, you pay for everything that breaks or wears out. That means small fixes like leaky taps, running toilets, sticky doors and tired caulking. It also means bigger jobs, such as servicing or eventually replacing your furnace, AC, hot water tank and major appliances like the fridge, stove, dishwasher, washer and dryer. Outside, you need to plan for roof work, gutter cleaning, driveway cracks, siding touch-ups and occasional pest control to keep unwanted guests out. These jobs might not happen often, but when they do, they can be some of the most significant expenses of a house you will face.

A useful rule of thumb is to expect to spend around 1 to 3 percent of your home value per year on maintenance and repairs, depending on age and condition. Your home inspection is your best roadmap, so note anything the inspector says should be dealt with in the next one to three years, such as an older roof or water heater, and assume those items will need real money sooner rather than later. Thinking this way also helps you compare long-term patterns like condo fees vs house expenses, since both are ultimately about paying for upkeep, just in different ways.

Setting Up Your Home From Scratch

If you are moving from an apartment and almost nothing fits or works in the new place, assume you are starting from zero. In the first year, you will likely need proper beds and frames, a sofa and chairs that suit the new living room, a dining table and chairs, some storage such as dressers, shelves and closet systems, window coverings for privacy and sleep, plus basic rugs and lamps so rooms do not feel bare. You will also need infrastructure that many renters do not own yet, including a simple tool kit, cordless drill, step stool, ladder and basic safety gear like fire extinguishers and smoke or carbon monoxide detectors where needed.

Then there is the seasonal gear. Spring and summer may demand a lawn mower or lawn service, a trimmer, hose, rake and basic gardening tools. Fall can add leaf rakes or blowers and gutter tools. Winter often means snow shovels, ice melt, ice choppers, heavy door mats, boot trays and possibly a snow blower or paid plow service if you have a bigger driveway. If you go in expecting that nothing from the apartment will be enough, you can plan these costs in stages instead of panic buying everything on a credit card after you move in.

Cash Buffer for Emergencies and First Year Mistakes

Finally, you will want a cash buffer that covers two things: genuine emergencies and normal first-year mistakes. Emergencies are the big ones; losing part of your income, a furnace that dies in January, a serious leak, situations where not paying is not really an option. For those, it helps to have some money parked in a plain savings account that you only touch when something truly important breaks, and when putting the cost on a credit card would be hard to manage.

Then there are the learning costs of being new at this, such as buying the wrong part and needing to replace it, calling in a professional to fix a do-it-yourself attempt, overpaying your first contractor or damaging something while figuring out maintenance. A simple, practical move is to open a small, separate savings account and send a set amount there every month. When one of those inevitable expenses pops up, you pay from that account on purpose instead of reaching for high-interest debt.

If you build your budget around these areas before you buy, and think frankly about all the owning a house expenses that will come with your purchase, your first year of homeownership is far more likely to feel manageable and not like a financial trap.

Ready to own instead of just browsing? Talk to me to compare condo fees vs house expenses and see what you can actually afford.

BANK OF CANADA HOLDS RATES

Thu, 16 Jul 2026 23:52:48 GMT

Bank of Canada Rate Announcement

On Wednesday, The Bank of Canada announced they will be leaving the Benchmark Rate unchanged. Prime Rate with most lenders will remain at 4.45%. This announcement affects those that are holding Variable Rate mortgages or a Line of Credit.

There are 3 more rate announcements before the end of 2026. The next meeting is scheduled for September 2, 2026.

The Start of the Summer..Demand is returning..

Fri, 10 Jul 2026 18:57:09 GMT

June Real Estate stats..slight market improvement..

Fri, 10 Jul 2026 18:33:51 GMT

The World Cup Celebrations in Vancouver

Thu, 09 Jul 2026 18:55:12 GMT

Downtown Vancouver is currently celebrating the 2026 FIFA World Cup with a five-block pedestrian zone on Granville Street (from Georgia to Davie), running daily until July 19, 2026. This car-free celebration features themed zones, interactive games, expanded patios, and light installations. Its a really cool time to walk along Granville Street enjoying the festivities.

Key highlights and venues include:

Granville Street Pedestrian Zone: Features five uniquely themed blocks spanning from W Georgia to Davie streets. Highlights include selfie central, water misters, arts and crafts, and installations celebrating Vancouver's LGBTQIA2S+ community. Loads of bars and restaurants with their open patios for watching the games or just having fun with your pals.
Official FIFA Fan Festival: Located at the PNE/Hastings Park (2901 E Hastings Street) outside of downtown proper, this free festival runs until July 19, 2026. It features massive screens, live entertainment, and a 10,000-capacity open-air amphitheatre. Usually loaded with fans of all ages, a unique time to be out and about enjoying life in Vancouver.

Neighborhood Maps & Events: For a complete list of participating downtown venues, restaurants, and watch parties, check the Downtown Van Directory.

While match days at BC Place have concluded, the festivities and watch parties continue across the city through July 19. You can explore the full schedule of events and transit information on the Official Vancouver FWC26 Website.

Condo Bailout?

Thu, 09 Jul 2026 17:25:25 GMT

Condo bailout? What it could mean for you

If you are wondering what the latest condo headlines mean for you, the short answer is that it depends on where you are in the market.

You may have seen the recent news about the federal and B.C. governments looking at a plan to buy up to 2,200 unsold condos and turn them into affordable or rent-to-own housing. The proposal has drawn attention because it touches on two issues at once: completed condos that have not sold, and the ongoing need for more accessible housing options. The reaction has been mixed. Some have questioned whether this amounts to support for developers, while others see potential value in using homes that are already built. Premier David Eby has said the province would be looking at distressed condos, ideally purchased at discounted prices, with participating developers still expected to take losses.

From a market perspective, the key point is that today’s extra condo inventory does not necessarily answer the longer-term supply question. If current conditions make it harder for new projects to move forward, the impact may show up later in how much housing is available. For buyers, a slower condo market can mean more choice and, in some cases, more room to negotiate. For sellers, it means buyers are comparing options carefully, so pricing, preparation, and presentation continue to matter.

The headline may be about 2,200 condos, but the broader issue is how today’s market conditions connect to future housing supply across Greater Vancouver, and what that may mean for your own plans.

Greater Vancouver Home Sales pick up

Wed, 08 Jul 2026 20:32:48 GMT

Greater Vancouver home sales pick up at the start of summer

Demand for all home types in Metro Vancouver* increased to start the summer, with home sales up nearly ten per cent year-over-year in June.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,390 in June 2026, a 9.6 per cent increase from the 2,181 sales recorded in June 2025. This was 12.4 per cent below the 10-year seasonal average (2,728).

“June saw a pattern of broad gains in home sales across all home types relative to the same time last year, which has been a rare occurrence in recent years,” said Andrew Lis, GVR chief economist and vice-president data analytics. “June’s data could be an early sign of a shift in the market. In recent years, sales trends have usually been mixed across home types, which is typical of a sideways trending market. But with all housing types posting gains in June, the data indicate demand may be returning to the market more broadly.”

There were 5,938 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in June 2026. This represents a six per cent decrease compared to the 6,315 properties listed in June 2025. This was 5.9 per cent above the 10-year seasonal average (5,609).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 17,017, a 3.1 per cent decrease compared to June 2025 (17,561). This is 30.2 per cent above the 10-year seasonal average (13,070).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for June 2026 is 14.6 per cent. By property type, the ratio is 12 per cent for detached homes, 17.8 per cent for attached, and 15.5 per cent for apartments.

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

“Despite signs that demand is slowly returning to the market, prices haven’t moved much in recent months as the inventory of homes for sale has been big enough to absorb the increased demand,” Lis said. “Prices typically trend upwards when demand rises and inventory declines. With recent data revealing a slower pace of new listings coming to market, standing inventory is no longer climbing, and may be showing early signs of reversing. It’s still too early to call, but if the current pattern of rising demand and slower new listings continues, we may see a sustained downtrend in inventory over the coming months.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,099,100. This represents a 6 per cent decrease over June 2025 and a 0.1 per cent decrease compared to May 2026.

Sales of detached homes in June 2026 reached 747, a 13.7 per cent increase from the 657 detached sales recorded in June 2025. The benchmark price for a detached home is $1,842,900. This represents a 7.1 per cent decrease from June 2025 and a 0.3 per cent decrease compared to May 2026.

Sales of apartment homes reached 1,103 in June 2026, a 6.1 per cent increase compared to the 1,040 sales in June 2025. The benchmark price of an apartment home is $695,200. This represents a 7.1 per cent decrease from June 2025 and a 0.4 per cent decrease compared to May 2026.

Attached home sales in June 2026 totalled 527, a 11.4 per cent increase compared to the 473 sales in June 2025. The benchmark price of a townhouse is $1,046,200. This represents a 5 per cent decrease from June 2025 and a 0.2 per cent decrease compared to May 2026.

Download GVR's June 2026 MLS® Residential Market Report.

Join me for an OPEN HOUSE SUNDAY

Fri, 26 Jun 2026 23:17:10 GMT

224-WEST 13TH AVENUE, VANCOUVER, BC

SUNDAY 2:30-4PM

Stunning Character Home with 2 mortgage helpers in great neighbourhood

Soccer is here..

Sun, 14 Jun 2026 00:39:25 GMT

I love how the community gets behind everything going on in this great city. They dress up a couple of the laughing Buddha’s in different countries jerseys, that are playing in the world Soccer in Vancouver English Bay. Its such a delight to see

OPEN HOUSE: 2 - 4 PM SUNDAY JUNE 7,2026 3022 KING EDWARD AVENUE, HISTORIC MACKENZIE HEIGHTS

Sat, 06 Jun 2026 18:10:59 GMT

HOSTED BY: WENDY MCLEOD REMAX SELECT REALTY

Condo Stats for May 2026

Thu, 04 Jun 2026 00:35:49 GMT

Detached Home Stats for May 2026

Thu, 04 Jun 2026 00:35:20 GMT

Townhome (attached) Stats for May 2026

Thu, 04 Jun 2026 00:34:48 GMT

Sales to Active Listing Ratio for May 2026

Thu, 04 Jun 2026 00:33:45 GMT

PROPERTY TAX DUE JULY 2/26

Fri, 29 May 2026 19:12:45 GMT

This is just a quick reminder that property tax payments are due by July 2. You can pay online, by mail, or in person. Payment instructions are outlined on your tax bill.

If you qualify, you can claim the Homeowners' Grant or the Senior Grant to lower your bill. If you’re buying or selling your home before July 2, check with your lawyer or conveyancer early on about who will pay the tax and claim any grants so there are no surprises.

JUST SOLD TO A HAPPY BUYER

Sat, 16 May 2026 20:15:20 GMT

Very cute Carriage house in Prime location. 2 bedroom, single garage, lovely deck 1and ½ baths.

BANK OF CANADA HOLDS RATES AT 2.25%

Wed, 29 Apr 2026 22:14:13 GMT

Real Brokers is Acquiring REMAX

Wed, 29 Apr 2026 22:12:47 GMT

The industry is always evolving and technology is moving quickly. There is always change but here is…..

𝐌𝐲 𝐩𝐫𝐨𝐦𝐢𝐬𝐞 𝐭𝐨 𝐲𝐨𝐮

No matter what’s happening behind the scenes in the industry, my dedication to my clients will NEVER change I’m here to guide you, protect your best interests, and make sure you feel confident every step of the way — whether you’re buying, selling, or just thinking about it

This business has always been about relationships… and that’s exactly how I treat it.

If you have questions, I’m always just a call or message away.

Wendy McLeod, CIPS. REMAX Select Realty, Vancouver, BC

VANCOUVER MARCH APARTMENT STATS

Sat, 04 Apr 2026 18:34:01 GMT

VANCOUVER MARCH TOWNHOME STATS

Sat, 04 Apr 2026 18:33:19 GMT

VANCOUVER MARCH DETACHED STATS

Sat, 04 Apr 2026 18:32:31 GMT

SPRING HAS SPRUNG:

Tue, 31 Mar 2026 22:57:47 GMT

Spring is here—the perfect time for a fresh start. Whether you're ready to elevate your current home or find a new one that fits your lifestyle, this season brings incredible opportunity. With strong inventory and motivated buyers and sellers, the market is full of possibilities.

Thinking of making a move? Let’s connect and make it happen.

Wendy McLeod

604-880-8109

NEW GST REBATE FOR FIRST TIME BUYERS

Mon, 23 Mar 2026 18:14:23 GMT

As of March 2026, the Canadian government is providing a new 100%

GST/HST rebatefor first-time home buyers on newly built or substantially renovated homes priced up to $1 million, offering up to $50,000 in savings. This rebate, which applies to agreements signed on or after March 20, 2025, can be applied at closing and applies to homes up to $1.5 million, with a reduced, partial rebate between $1M and $1.5M.

Key Details of New 2026 Rebate:

Eligibility: Must be a first-time home buyer (not owned a home in the last 4 years), a Canadian citizen/permanent resident, and the home must be a primary residence.
Property Type: New or substantially renovated homes.
Value Thresholds:
- Up to $1 million: 100% rebate of the 5% GST (up to $50,000).
- $1 million - $1.5 million: Partial rebate available.
- Over $1.5 million: No rebate.
Application Method: The rebate can be credited by the builder at closing or applied for directly through the CRA.
Top-up: This new rebate acts as a top-up if the buyer is also eligible for the existing GST/HST New Housing Rebate.
Timeline: Applies to agreements of purchase and sale entered into on or after March 20, 2025, and before 2031.

THE PACE OF SALES RUNNING WELL BELOW…

Mon, 09 Mar 2026 18:32:26 GMT

FEBRUARY 2026 STATS FOR TOWNHOMES (ATTACHED)

Mon, 09 Mar 2026 18:29:59 GMT

FEBRUARY 2026 STATS FOR APARTMENTS

Mon, 09 Mar 2026 18:29:09 GMT

FEBRUARY 2026 STATS FOR DETACHED HOMES

Mon, 09 Mar 2026 18:28:09 GMT

The Province of BC is moving ahead to have this the last time change for our Province.The change will take effect on Sunday, when clocks move ahead an hour. Permanent daylight time will mean that the typical falling back of clocks by an hour in November w

Tue, 03 Mar 2026 00:00:46 GMT

JANUARY 2026

Wed, 18 Feb 2026 19:44:20 GMT

Happy Family Day to one and all

Wed, 18 Feb 2026 19:25:37 GMT

Last year’s market trends continued in January as home sales registered on the MLS® in Metro Vancouver* were 28.5 per cent lower than last year, setting the year off to a quieter start.

Mon, 16 Feb 2026 19:20:41 GMT

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,107 in January 2026, a 28.7 per cent decrease from the 1,552 sales recorded in January 2025. This was 30.9 per cent below the 10-year seasonal average (1,602).

"On their own, the January sales appear alarming, but it’s important to put these figures in the context of the past few years. Last year ended with one of the lowest sales totals in over two decades, and so it’s not surprising that the January sales figures were fourth slowest in over two decades as well. Market momentum is a slowly evolving force, and in many ways, the January figures represent a market that continues slowly evolving to what may be a new normal."Andrew Lis, GVR chief economist and vice-president, data analytics

There were 5,157 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2026. This represents a 7.3 per cent decrease compared to the 5,566 properties listed in January 2025. This was 19.4 per cent above the 10-year seasonal average (4,318).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 12,628, a 9.9 per cent increase compared to January 2025 (11,494). This is 38 per cent above the 10-year seasonal average (9,153).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for January 2026 is 9.1 per cent. By property type, the ratio is 6.7 per cent for detached homes, 11.1 per cent for attached, and 10.3 per cent for apartments.

"Our recent 2026 forecast suggests this year is likely to resemble 2025 on many fronts, and we expect sales to remain tepid. When paired with sellers remaining eager to list, inventory will likely remain elevated relative to historical averages and, as a result, we expect prices to finish the year relatively unchanged. As consumers adjust to the ongoing backdrop of political and economic uncertainty, we expect a degree of pent-up demand to re-enter the market at some point. Whether it will happen in 2026 remains an open question, and we’ll be watching the market closely for signs of improvement."

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,101,900. This represents a 5.7 per cent decrease over January 2025 and a 1.2 per cent decrease compared to December 2025.

Sales of detached homes in January 2026 reached 300, a 21.1 per cent decrease from the 380 detached sales recorded in January 2025. The benchmark price for a detached home is $1,850,800. This represents a 7.3 per cent decrease from January 2025 and a 1.5 per cent decrease compared to December 2025.

Sales of apartment homes reached 554 in January 2026, a 34.5 per cent decrease compared to the 846 sales in January 2025. The benchmark price of an apartment home is $704,600. This represents a 5.9 per cent decrease from January 2025 and a 0.8 per cent decrease compared to December 2025.

Attached home sales in January 2026 totalled 246, a 23.4 per cent decrease compared to the 321 sales in January 2025. The benchmark price of a townhouse is $1,043,400. This represents a 5.4 per cent decrease from January 2025 and a 1.2 per cent decrease compared to December 2025.

Regional overview CMHC

Fri, 13 Feb 2026 18:56:48 GMT

Resale markets will show signs of recovery but remain below long-term averages.
Housing starts will continue to slow down in 2026, with a more significant decline expected in 2027 – 2028.
Rental market affordability will continue to improve as high vacancies and slower rent growth persist.
Lower condominium presale activity will limit new condominium construction over the next 3 years.

British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets

British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.

In 2026, employment conditions will improve with unemployment trending lower and labour force growth slowing. However, slower public sector job growth is likely to limit some of this recovery, keeping unemployment rates historically high. Wage growth is expected to pick up as the labour market tightens, after slowing in 2025.

We expect B.C. to experience a smaller negative impact from global trade volatility compared to other provinces with larger manufacturing sectors. U.S. lumber tariffs and weaker U.S. homebuilding activity may affect the softwood lumber industry, but these impacts will likely be limited to Northern and Interior markets, rather than the Lower Mainland and South Coast.

The sectors tied to technology and professional services have been B.C.’s fastest growing over the past decade (Figure 1). We expect these sectors to play an even larger role in the coming years. Employment and investment in these sectors will drive some housing demand, especially in major urban centres.

Figure 1: Employment in B.C. Has Become More Concentrated in Professional and Tech Sectors
Full-Time Employment, Select Industries, 2014 = 100

Construction: 121.9

Real estate and rental and leasing: 109.3

Health care and social assistance: 122.5

Forestry, fishing, mining, quarrying, oil and gas: 94.4

Professional, scientific and technical services: 125.1

2018

Source: CMHC, Statistics Canada

Text version (Figure 1)

Full-Time Employment, Select Industries, 2014 = 100
Year	Construction	Real estate and rental and leasing	Health care and social assistance	Forestry, fishing, mining, quarrying, oil and gas	Professional, scientific and technical services
2014	100	100	100	100	100
2015	101.7	83.9	106.8	101.4	109.7
2016	107.2	91.5	111.4	99.2	112.7
2017	118.8	111.5	116.5	101.0	116.9
2018	121.9	109.3	122.5	94.4	125.1
2019	124.2	115.4	121.7	87.1	135.3
2020	111.3	110.7	122.2	77.9	138.2
2021	112.7	103.4	133.1	92.4	153.4
2022	116.5	104.9	143.4	89.9	164.4
2023	116.6	114.9	150.0	96.6	170.9
2024	123.5	127.6	160.0	101.8	176.7
2025	129.5	124.4	160.2	84.9	180.2

International migration to B.C. will continue to decline in 2026, as seen in 2025. This decline is largely due to slower non-permanent resident flows. As a result, rental and investor demand will be impacted, limiting resale activity. On the other hand, improving affordability in Vancouver and Victoria over the past year will reduce the number of people leaving these regions for other parts of B.C. and other provinces.

Slower rental demand and rising costs will decrease new home starts

New home construction in B.C. markets will trend lower in 2026, following strong activity in the apartment segment in 2025. This will be a departure from our summer forecast, where we forecasted a slight increase in 2026. New home construction will continue to decrease later in the forecast period, due to weak supply and demand.

Apartment construction in urban centres across the province has been strong in recent years, driven by favourable policy and financing incentives for rental supply and consistent demand. However, construction conditions have become increasingly difficult, with builders citing rising costs as a significant barrier for new construction.

A significant decline in condominium presales, in Vancouver and Victoria, has stalled many planned projects. We expect more condominium projects to be postponed or cancelled in 2026, with these effects extending into 2027 and 2028.

Rental construction will also start to slow in the second half of 2026, as developers respond to higher vacancy rates and slower rent growth that we observed in our 2025 Rental Market Report. While many projects currently in the pipeline will contribute to housing starts in 2026, we expect a continuous slowdown in project proposals and construction into 2028. Similar to condominium construction, developers face challenges from high material and regulatory costs, weaker rent growth and slower absorptions, making new rental projects increasingly difficult.

Ground-oriented construction, representing single-detached, semi-detached and townhomes, will stay relatively stable in 2026, with some growth expected in 2027 and 2028. While single-detached will continue to be weak in the Vancouver CMA, these homes will still be in demand, especially in more affordable regions like Victoria and Abbotsford. At the same time, demand for denser ground-oriented homes will increase in the Vancouver CMA, as they offer a more affordable option.

Resales are expected to increase moderately in 2026

After a historically weak 2025, the resale markets in Vancouver and Victoria will show some recovery in 2026. However, this rebound will likely remain below historical averages. Since our summer Housing Market Outlookupdate, resale markets have remained persistently weak. Despite lower mortgage rates in 2025, a weaker labour market and ongoing economic uncertainty kept resales slow. High accumulated listings and a softer rental market also contributed to this slowdown.

A stronger labour market and continued low mortgage rates will support more resales in 2026. Expectations of interest rate increases in 2027 may prompt some waiting buyers to enter the market sooner. Improved affordability for higher-priced homes will boost resales, but entry-level home prices are expected to stay steady.

Sales growth will likely slow in 2027 and 2028 in Vancouver and Victoria due to ongoing demographic and pricing challenges. Softer rental markets will dampen individual investor activity, especially in the condominium market.

Average prices supported by rebound in activity, but growth will be limited

Resale prices are expected to rise moderately in 2026, supported by higher sales as markets shift toward more balanced conditions. Beyond 2026, price growth will likely remain low, with average prices unlikely to reach the highs seen in recent years. Rising mortgage rates expected in 2027 will limit increases in borrowing capacity (Figure 2), further limiting price growth during that time and beyond.

Figure 2: Borrowing Capacity Limits Will Limit Price Growth in B.C. Markets

Note: Borrowing capacity calculated using 5 year fixed mortgage rate assumptions and the average wage of a full-time salaried worker in BC aged 25 – 54.

Text version (Figure 2)

Despite a slower resale environment, prices in Vancouver and Victoria have remained relatively stable, especially compared to declines in Toronto. This stability will likely persist, but price adjustments are expected in specific higher-priced areas and home types within these regions. Recent price declines and lower mortgage rates have made ownership more favourable. Some current renters will be more incentivized to transition to homeownership over the next year, as the gap between owning costs and renting costs shrink (Figure 3).

Prices in urban areas will remain stronger than those further away. Efforts to bring employees back to offices will increase demand for homes closer to city centres. Meanwhile, improved affordability in areas further from urban centres will slow interprovincial population outflows, supporting some demand in those regions.

The mix of homes sold will also support average prices. With a large supply of condominiums expected to be completed in the next year, those entering the resale market will likely have higher prices, which will help support average prices. However, real appreciation of homes is unlikely to fully recover from recent declines.

Figure 3: The Gap Between Owning and Renting an Apartment Has Shrunk in Metro Vancouver ($)

Note: Carrying cost includes assumptions for a 20% downpayment, 25-year amortization, the prevailing discounted 5 year fixed mortgage rate, property taxes, and condo fees.

Rental markets will see elevated vacancies maintained for 2026

Vacancies rose sharply in 2025 in most centres across the province, with Vancouver reaching its highest levels in over 30 years. We expect these elevated vacancy rates to persist in 2026 into 2028. Recent changes to immigration policy have reduced rental demand across the province, while many new rental units are set to be completed in the next few years.

We expect international migration to remain slower over the next few years, at least until 2028. Since migrants are a primary source of demand for rental units in major centres, the uptake of new rental inventory will likely stay below previous levels. Youth unemployment will also be a significant factor. High unemployment rates are preventing many young people from entering the rental market, leading them to either share housing with a roommate or stay with their parents. As the economy recovers, delayed household formations could lead to an increase in rental demand.

High vacancies will keep average rent growth slow. As we saw in 2025, average rent growth was at the lowest rate we’d seen in over a decade, outside of the pandemic period. Rent growth on turnover is likely to continue slowing, while rent increases for existing tenancies will likely be close to zero. However, the influx of newly completed rental units expected to enter the rental market will raise average rents due to their higher prices.

Affordability will continue to improve as rent growth remains stalled and renters have more options available.

This forecast is subject to risks

Resale markets in B.C may experience extended downturns in both price and volume, if labour markets do not meaningfully improve in the next year. In that scenario, prices will likely remain flat or move lower to adjust for lower demand. Mortgage rates rising more and earlier than expected will also negatively impact resale activity in the province.

The current cross-border and international trade environment adds risk to the forecast. If more negative outcomes to trade are imposed on B.C specific exports like lumber and energy, local economies will be impacted. Similarly, changes to domestic policy in the United States may impact purchasing behaviours and rental demand of dual citizens and cross-border workers.

On the other hand, if international migration patterns reverse, and inflows return to historical averages, housing demand will increase, especially for rental markets. This would lead to lower vacancy rates and higher rent growth.

Vancouver

Key highlights

Resale market will rebound moderately as activity moves toward more balanced conditions.
Home prices will stabilize in 2026, with slight increases possible. However, significant growth is unlikely in the following years.
Housing starts will continue to decline due to high construction costs and weak demand.
Vacancies will remain high as rental units started over the past 4 years enter the market, slowing rent growth and improving affordability.

Resale activity in the Vancouver CMA will recover moderately in 2026 after the slowest resale rate in over 20 years. While sales activity will see moderate growth later in 2027 and 2028, it will remain below the 10-year average throughout the forecast period.

This recovery will likely be concentrated in areas closer to the city centre, where prices have remained resilient over the past year, especially for apartment condominiums. On the other hand, newer condominiums south of the Fraser may require further price adjustments before sales improve. The push for employees to return to the office is a key factor driving this difference.

For ground-oriented attached homes, such as semi-detached and townhomes, North Fraser communities like Coquitlam are expected to perform well due to their competitive pricing and commuting distance from downtown. Price growth of single-detached homes across the region will be limited due to their high levels, but these prices are unlikely to decline further as many have already reverted to 2021 levels.

New home construction for ground-oriented housing will follow similar geographical patterns in the resale market. In the City of Vancouver, new single-detached construction will continue to be rare, with existing homes being replaced by semi-detached or denser housing types. Multiplex construction will continue but may slow as opposition to these forms grows in some Metro Vancouver cities. Construction of more common forms, like townhomes, will grow moderately over the next few years.

Declining apartment starts will be the main driver in lower total starts over the forecast period. Weak condominium apartment sales in recent years and uncertainty about future price growth have significantly slowed presales. With very few presales, developers will find it difficult to proceed with new condominium projects, resulting in limited apartment condominium starts over the next 2 years.

We also expect the recent trend of growth in rental apartment construction to decline in the second half of 2026. Softer rental market conditions throughout Metro Vancouver will make it harder for projects to move past the planning stages as viability becomes more difficult. While some municipal governments, like the City of Vancouver, are proposing policies to reduce development cost charges and boost apartment construction, these changes are unlikely to result in housing starts until late in 2027.

Vacancies will remain high as record numbers of under-construction rental apartments are completed over the next 3 years. Most of these units are concentrated in and near the City of Vancouver, where demand for rental homes closer to the downtown core will meet some of this supply. Rent growth in Metro Vancouver will continue to be limited. Some landlords may lower asking rents or offer incentives to compete with the growing availability of supply. As a result, rental affordability will continue to improve over the next 3 years.

Forecast Summary (Vancouver CMA)
Date	New Home Market Starts			Resale Market		Rental Market
Date	Ground-oriented	Apartments	Total	MLS® Sales	MLS® Average Price ($)	Vacancy rate (%)	Average Rent Two Bedrooms ($)
2023	5,668	27,576	33,244	36,377	1,216,622	0.9	2,181
2024	4,830	23,282	28,112	36,099	1,234,969	1.6	2,314
2025	5,341	21,844	27,185	30,818	1,183,970	3.7	2,363
2026 (F) Low	5,300	17,400	22,700	27,900	1,111,000	4.1	2,381
2026 (F) High	6,400	21,200	27,600	40,000	1,348,000	4.1	2,381
2027 (F) Low	4,800	16,200	21,000	29,300	1,111,000	4.2	2,443
2027 (F) High	6,900	18,700	25,600	42,900	1,353,000	4.2	2,443
2028 (F) Low	4,700	16,300	21,000	31,800	1,124,000	4.0	2,516
2028 (F) High	7,900	17,600	25,500	47,600	1,373,000	4.0	2,516

Source: Greater Vancouver REALTORS, Fraser Valley Real Estate Board, CMHC

The forecasts included in this document are based on information available as of January 15, 2026.

Victoria

Key highlights

Resale activity will pick up in 2026 as buyers act ahead of expected higher mortgage rates in 2027, while high inventory levels will moderate price growth.
New construction will continue to rise in 2026, led by rental apartment projects, before slowing down as condominium demand softens.
Rental market vacancies will remain high in 2026 as new supply outpaces demand, limiting rent growth and improving affordability.

Sales activity in the Victoria CMA is expected to recover modestly in 2026 after slowing in late 2025. This recovery will be supported by low interest rates and buyer urgency ahead of anticipated rate hikes in 2027. This rebound will provide some near-term momentum in 2026. However, growth is expected to soften through 2027 and 2028 as slower population growth and labour market challenges begin to reduce demand.

Elevated inventory levels will give buyers more options, with many delaying purchases in hopes of further price moderation. Price growth will increase slightly in 2026, driven by improved sales activity, before stabilizing over the rest of the forecast period. While Victoria’s market has avoided the significant softening seen in larger centres, growing new-home inventory and economic uncertainty will limit the upside potential of price growth.

We forecast housing starts to rise in 2026, marking another year of growth. However, this momentum will slow through 2027 and 2028 as developers take a more cautious approach amid softening market conditions. Rising interest rates and potential tariffs on building materials will add cost pressures, further constraining project viability.

Apartment construction will continue to drive new supply, with starts increasing in 2026 before moderating later in the forecast period. Government incentives and a structural shift toward higher-density housing continue to support this segment, but weak condominium demand and softening rental market conditions will limit large projects.

Ground-oriented construction will only increase marginally in 2026, as developers pivot away from lower-density construction. Elevated unabsorbed inventory, particularly in row and semi-detached units, combined with softer demand, will discourage new starts in this segment.

We expect rental market conditions to soften further in 2026. A significant number of new purpose-built rental units will be completed, adding to supply at a time when demand is weakening. Declining asking rents and increased incentives from landlords reflect growing competition for tenants, particularly in higher-priced units. Slower population growth and labour market weakness will continue to challenge rental demand, improving affordability over the next 3 years.

Forecast Summary (Victoria CMA)
Date	New Home Market Starts			Resale Market		Rental Market
Date	Ground-oriented	Apartments	Total	MLS® Sales	MLS® Average Price ($)	Vacancy rate (%)	Average Rent Two Bedrooms ($)
2023	752	4,238	4,992	5,934	982,350	1.6	1,839
2024	779	3,411	4,185	6,582	973,702	2.6	1,993
2025	908	3,951	4,859	6,605	1,011,263	3.3	2,120
2026 (F) Low	750	3,750	4,500	6,200	1,007,000	3.6	2,190
2026 (F) High	1,000	4,950	5,950	7,800	1,071,200	3.6	2,190
2027 (F) Low	600	4,050	4,650	5,950	988,700	3.4	2,340
2027 (F) High	1,100	5,050	6,150	8,330	1,164,300	3.4	2,340
2028 (F) Low	500	4,100	4,600	5,670	963,900	3.0	2,410
2028 (F) High	1,200	4,900	6,100	8,850	1,257,700	3.0	2,410

Source: CREA, CMHC

The forecasts included in this document are based on information available as of January 15, 2026.

What’s next for Canada’s housing market?

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Aled ab Iorwerth
Deputy Chief Economist
Kevin Hughes
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Is a rebound coming?

Sun, 11 Jan 2026 23:09:57 GMT

Homebuyers have the edge to start 2026

"With sales down and inventory remaining plentiful, prices eased across all property types since the start of 2025. Sales and prices weren't the only metrics that came down, borrowing costs fell nearly one full percentage point.

With lower prices, lower borrowing costs, and plenty of inventory to choose from, homebuyers in 2026 are starting the year with favorable conditions. Whether these conditions translate into a market with stronger demand will be the million-dollar question - and we'll be monitoring this story closely as it unfolds."

Andrew Lis, VR chief economist and vice-president, data analytics

GREATER

VANCOUVER

REALTORS

2025 Year-End

2025 saw lowest annual sales total in over two decades

2025 Year-End MLS®

Housing Market Report

YEAR END STATS FOR APARTMENTS 2025

Sun, 11 Jan 2026 23:04:33 GMT

YEAR END STATS FOR DETACHED HOMES 2025

Sun, 11 Jan 2026 23:03:52 GMT

YEAR END SALES STATS FOR ATTACHED HOMES 2025

Sun, 11 Jan 2026 23:03:07 GMT

Vancouver Real Estate Stats for November - APARTMENTS

Sat, 13 Dec 2025 21:28:05 GMT

Vancouver Real Estate stats for November - DETACHED HOMES

Sat, 13 Dec 2025 21:27:13 GMT

Vancouver Real Estate Stats for November - ATTACHED HOMES (TOWNHOMES)

Sat, 13 Dec 2025 21:22:37 GMT

November 11th

Thu, 06 Nov 2025 18:33:34 GMT

October Stats for Townhomes - Attached

Wed, 05 Nov 2025 19:24:34 GMT

October Stats for Apartments

Wed, 05 Nov 2025 19:22:43 GMT

October stats for Single Family homes

Wed, 05 Nov 2025 19:19:52 GMT

Slow Sales and High Inventory Gives Buyers the Edge

Wed, 05 Nov 2025 18:57:12 GMT

Slow sales and high inventory give buyers the edge in October

Home sales registered on the MLS® in Metro Vancouver were 14 per cent lower than last October, as the trend of slower sales and building inventory creates favourable conditions for those looking to buy in the fall market.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,255 in October 2025, a 14.3 per cent decrease from the 2,632 sales recorded in October 2024. This was 14.5 per cent below the 10-year seasonal average (2,638).

“October is typically the last month of the year where sales activity sees a seasonal uptick, but sales still fell short of last year’s figures and the ten-year seasonal average,” said Andrew Lis, GVR’s chief economist and vice-president of data analytics. “Even the fourth cut this year to the Bank of Canada’s policy rate this October wasn’t enough to entice more buyers back into the market.”

There were 5,438 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in October 2025. This represents a 0.3 per cent decrease compared to the 5,452 properties listed in October 2024. This was 16.3 per cent above the 10-year seasonal average (4,676).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,393, a 13.2 per cent increase compared to October 2024 (14,477). This total is 35.9 per cent above the 10-year seasonal average (12,063).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for October 2025 is 14.2 per cent. By property type, the ratio is 11.3 per cent for detached homes, 17.6 per cent for attached, and 15.5 per cent for apartments.

“After peaking in June, inventory levels have edged lower, and prices have eased across all market segments as slower-than-usual sales activity meets the highest inventory levels seen in many years,” Lis said. “With no further reductions to the Bank of Canada’s policy rate expected in 2025, market conditions appear as favorable for buyers as they’ve been all year.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,132,500. This represents a 3.4 per cent decrease over October 2024 and a 0.8 per cent decrease compared to September 2025.

Sales of detached homes in October 2025 reached 693, a 4.3 per cent decrease from the 724 detached sales recorded in October 2024. The benchmark price for a detached home is $1,916,400. This represents a 4.3 per cent decrease from October 2024 and a 0.9 per cent decrease compared to September 2025.

Sales of apartment homes reached 1,071 in October 2025, a 23.1 per cent decrease compared to the 1,393 sales in October 2024. The benchmark price of an apartment home is $718,900. This represents a 5.1 per cent decrease from October 2024 and a 1.4 per cent decrease compared to September 2025.

Attached home sales in October 2025 totalled 477, a 4.8 per cent decrease compared to the 501 sales in October 2024. The benchmark price of a townhouse is $1,066,700. This represents a 3.8 per cent decrease from October 2024 and a 0.3 per cent decrease compared to September 2025.

Download GVR's October 2025 MLS® Housing Market Report

Bank of Canada Drops the Rates.25%

Wed, 29 Oct 2025 21:08:25 GMT

Bank of Canada Lowers Policy Rate to 2.25%

Today, the Bank of Canada lowered the overnight policy rate by 25 bps to 2.25% as was widely expected. This is the bottom of the Bank's estimate of the neutral overnight rate, where monetary policy is neither expansionary nor contractionary. The economy will grow at about a 0.5% pace in Q3, causing the Bank to cut rates again at the final meeting this year on December 10. The easing will then end, but rates will remain relatively subdued until more trade uncertainty is alleviated.

The Fed is widely expected to cut rates by 25 bps this afternoon as well.

Today's Monetary Policy Report suggests that the significant decline in export growth will persist for some time. Layoffs in trade-dependent sectors have already slowed considerably, especially in Ontario, Quebec, and some softwood lumber businesses in several provinces. The central bank acknowledged that "because US trade policy remains unpredictable and uncertainty is still higher than usual, this projection is subject to a wider-than-normal range of risks."

"In the United States, economic activity has been strong, supported by the boom in AI investment. At the same time, employment growth has slowed and tariffs have started to push up consumer prices. Growth in the euro area is decelerating due to weaker exports and slowing domestic demand. In China, lower exports to the United States have been offset by higher exports to other countries, but business investment has weakened. Global financial conditions have eased further since July and oil prices have been fairly stable. The Canadian dollar has depreciated slightly against the US dollar."

"Canada’s economy contracted by 1.6% in the second quarter, reflecting a drop in exports and weak business investment amid heightened uncertainty. Meanwhile, household spending grew at a healthy pace. US trade actions and related uncertainty are having severe effects on targeted sectors, including autos, steel, aluminum, and lumber. As a result, GDP growth is expected to be weak in the second half of the year. Growth will get some support from rising consumer and government spending and residential investment, and then pick up gradually as exports and business investment begin to recover."

Canada's labour market remains soft, and job vacancies have declined sharply despite the September improvement in job growth. Job losses continue to mount in trade-impacted sectors, and hiring has been weak across the economy. The unemployment rate remained at 7.1%, well above the US rate of 4.3%. Slower population growth translates into fewer new jobs and less inflation pressure. On a per capita basis, the economy is already in a recession.

The Bank projects GDP will grow by 1.2% in 2025, 1.1% in 2026 and 1.6% in 2027. Quarterly, growth strengthens in 2026 after a weak second half of this year. Excess capacity in the economy is expected to persist and be gradually absorbed.

"CPI inflation was 2.4% in September, slightly higher than the Bank had anticipated. Inflation excluding taxes was 2.9%. The Bank’s preferred measures of core inflation have been sticky around 3%. Expanding the range of indicators to include alternative measures of core inflation and the distribution of price changes among CPI components suggests underlying inflation remains around 2.5%. The Bank expects inflationary pressures to ease in the months ahead and CPI inflation to remain near 2% over the projection horizon".

"If inflation and economic activity evolve broadly in line with the October projection, the Governing Council sees the current policy rate at about the right level to keep inflation close to 2% while helping the economy through this period of structural adjustment. If the outlook changes, we are prepared to respond. Governing Council will be assessing incoming data carefully relative to the Bank’s forecast."

Bottom Line

The Bank of Canada has shown its willingness to bolster the Canadian economy amid unprecedented trade uncertainty. While Canada is working hard to establish alternate trade partners, even China cannot replace the US in terms of proximity and cost-effectiveness, given the huge transport costs. China has stepped up its oil purchases to record levels, but larger oil flows east will require additional pipelines to BC. There is no market the size of the US market to replace exports of steel and aluminum. The US will also suffer from the economic impact of stepping away from the Canada-US-Mexico free trade deal. A renegotiation of the contract is likely to come before the end of next year. As of now, the US is signalling their desire to exit the agreement. We can only hope that cooler heads will prevail.

The auto industry is a case in point. Onshoring non-US auto production would require a 75% increase in US production and the construction of $50 billion in new factories. This would take years and significantly reduce the profitability of US auto companies.

Canada is the US's number one supplier of steel and aluminum, with its competitively low hydroelectric costs. It will take time for the US to create the capacity to replace aluminum imports from Quebec.

Canada is the number one trading partner for 32 American states, many of which are lobbying Washington to end this CUSMA bashing.

It will take time for Canada to adjust to this new reality, which leads us to conclude that another cut in overnight rates is probable at the next decision date on December 10.

Dr. Sherry Cooper
Chief Economist, Dominion Lending Centres
drsherrycooper@dominionlending.ca

Single Family Home Market update September 2015

Wed, 22 Oct 2025 16:46:21 GMT

Townhome Market Highlights September 2025

Wed, 22 Oct 2025 16:44:37 GMT

Apartment Market Highlights for September 2025

Wed, 22 Oct 2025 16:43:01 GMT

Wendy McLeod, CIPS Certified International Property Specialist : Blog : Latest Blog Posts

VANCOUVER HOMESALES LOOSE MOMENTUM

PRICING YOUR HOME CORRECTLY

#1 Price Your Home Correctly

#2 Are Upgrades Needed?

#3 Curb Appeal

#4 Flexibility

#5 Real Estate Agents

#6 Presentation Matters

#7 Try to Sweeten the Deal

Costs to plan for in your first year of Home Ownership

Breaking Down the Key Costs to Plan for Your First Year

Mortgage, Property Tax and Insurance

Monthly Running Costs: Utilities and Services

Maintenance, Repairs and Big Ticket Fixes

Setting Up Your Home From Scratch

Cash Buffer for Emergencies and First Year Mistakes

BANK OF CANADA HOLDS RATES

Bank of Canada Rate Announcement

The Start of the Summer..Demand is returning..

June Real Estate stats..slight market improvement..

The World Cup Celebrations in Vancouver

Condo Bailout?

Greater Vancouver Home Sales pick up

Greater Vancouver home sales pick up at the start of summer

Join me for an OPEN HOUSE SUNDAY

224-WEST 13TH AVENUE, VANCOUVER, BC

Soccer is here..

OPEN HOUSE: 2 - 4 PM SUNDAY JUNE 7,2026 3022 KING EDWARD AVENUE, HISTORIC MACKENZIE HEIGHTS

Condo Stats for May 2026

Detached Home Stats for May 2026

Townhome (attached) Stats for May 2026

Sales to Active Listing Ratio for May 2026

PROPERTY TAX DUE JULY 2/26

JUST SOLD TO A HAPPY BUYER

BANK OF CANADA HOLDS RATES AT 2.25%

Real Brokers is Acquiring REMAX

VANCOUVER MARCH APARTMENT STATS

VANCOUVER MARCH TOWNHOME STATS

VANCOUVER MARCH DETACHED STATS

SPRING HAS SPRUNG:

NEW GST REBATE FOR FIRST TIME BUYERS

THE PACE OF SALES RUNNING WELL BELOW…

FEBRUARY 2026 STATS FOR TOWNHOMES (ATTACHED)

FEBRUARY 2026 STATS FOR APARTMENTS

FEBRUARY 2026 STATS FOR DETACHED HOMES

The Province of BC is moving ahead to have this the last time change for our Province.The change will take effect on Sunday, when clocks move ahead an hour. Permanent daylight time will mean that the typical falling back of clocks by an hour in November w

JANUARY 2026

Happy Family Day to one and all

Last year’s market trends continued in January as home sales registered on the MLS® in Metro Vancouver* were 28.5 per cent lower than last year, setting the year off to a quieter start.

Regional overview CMHC

British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets

Figure 1: Employment in B.C. Has Become More Concentrated in Professional and Tech SectorsFull-Time Employment, Select Industries, 2014 = 100

Slower rental demand and rising costs will decrease new home starts

Resales are expected to increase moderately in 2026

Average prices supported by rebound in activity, but growth will be limited

Figure 2: Borrowing Capacity Limits Will Limit Price Growth in B.C. Markets

Figure 3: The Gap Between Owning and Renting an Apartment Has Shrunk in Metro Vancouver ($)

Rental markets will see elevated vacancies maintained for 2026

This forecast is subject to risks

Vancouver

Key highlights

Victoria

Key highlights

What’s next for Canada’s housing market?

Our Chief Economist and Deputy Chief Economists

Is a rebound coming?

YEAR END STATS FOR APARTMENTS 2025

YEAR END STATS FOR DETACHED HOMES 2025

YEAR END SALES STATS FOR ATTACHED HOMES 2025

Vancouver Real Estate Stats for November - APARTMENTS

Vancouver Real Estate stats for November - DETACHED HOMES

Vancouver Real Estate Stats for November - ATTACHED HOMES (TOWNHOMES)

November 11th

October Stats for Townhomes - Attached

October Stats for Apartments

October stats for Single Family homes

Slow Sales and High Inventory Gives Buyers the Edge

Slow sales and high inventory give buyers the edge in October

Bank of Canada Drops the Rates.25%

Figure 1: Employment in B.C. Has Become More Concentrated in Professional and Tech Sectors
Full-Time Employment, Select Industries, 2014 = 100