Vancouver’s resale market has seen a meaningful shift this month, with transactions rising nearly 10% month-over-month and surpassing 2,000 homes sold for the first time in nine months. While prices are still easing, the rate of decline has slowed, with the local home price index down about 6% year-over-year—a sign of softer conditions rather than a dramatic downturn. Ongoing economic uncertainty, particularly from trade tensions, continues to weigh on buyer confidence, yet this latest data points to resilience in our local market. One economist described the current slowdown as a temporary detour rather than a major turning point, suggesting Vancouver deserves careful attention, not alarm. The forecast now calls for a period of stabilization into 2026 and 2027, with our city’s path likely shaped by broader recovery trends. As someone who approaches real estate with an analytical lens, I find these subtle shifts and underlying factors essential when advising clients—whether you’re considering a sale, a purchase, or repositioning your property in today’s evolving landscape.
Category: Latest Posts
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Vancouver Housing Stays Globally Desirable
Vancouver continues to shine on the world stage, ranking 24th out of 1,000 global cities for its economic strength and exceptional talent pool—qualities I see reflected every day in our vibrant communities. Yet, as someone who’s worked with clients navigating both residential and commercial real estate here since 2006, I know firsthand that housing affordability remains a significant challenge. A recent study places Vancouver’s median multiple close to 11, underscoring just how stretched buyers are compared to other major markets. In fact, residents here devote a larger share of their income to housing than nearly any other city worldwide. The underlying issue? A supply gap, combined with slower housing starts projected through 2026, continues to limit meaningful improvements in affordability. While Vancouver’s global desirability is undeniable, informed decision-making—and creative solutions—are more important than ever for those looking to buy, sell, or invest in our unique market.
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Will Vancouver Finally Rebound in 2027?
With Vancouver’s reputation as one of Canada’s least affordable markets, it’s no surprise so many buyers and investors are closely watching for signs of a true rebound. Even though there have been some recent improvements in affordability, B.C. housing continues to face weaker demand and higher inventory levels—challenges I see echoed in both residential and commercial spaces. According to TD, we may see B.C. prices turn positive again in 2027, following a period of softness. Interestingly, a recovery in sales could even precede noticeable price growth. My approach has always been to pair deep market analysis with practical, design-driven insights, and moments like these highlight just how important it is to stay informed as the landscape shifts. Whether you’re navigating your next purchase, sale, or renovation, understanding these trends can help position you for success as the market evolves.
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Home sales remain low but recovering slowly, says BCREA
As someone who has closely tracked the real estate market for years, I know many are watching the numbers with a careful eye. According to the latest BCREA report, residential home sales in British Columbia totaled $5.2 billion in August—a 4.8% decrease—with average prices edging down 1% to $924,826. Sales volume also dipped 5.5% to 46,069 homes. In Greater Vancouver, both prices and sales saw modest declines of 1.3% and 3.6% respectively. While the market is still quieter than previous years, we are seeing signs of gradual recovery. My background in analytics and a passion for both residential and commercial properties allow me to help clients interpret these shifts and make confident decisions—whether it’s timing a move, renovating, or finding the right investment. In a market that never stands still, informed choices matter more than ever.
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Fall 2026 Housing Supply Report
As someone who has spent years analyzing markets and guiding clients in both residential and commercial real estate, I keep a close watch on Canada's evolving housing landscape. The latest Fall 2026 Housing Supply Report highlights a persistent supply gap across major cities, with Calgary and Edmonton standing out as notable exceptions. What stands out to me is the imbalance between slowing construction and steady demand, which raises ongoing concerns about housing affordability. While most of the new supply is coming from rental developments, the limited growth in condo construction is narrowing options for those hoping to own. Addressing these challenges calls for not just more housing starts but also improved infrastructure. My background in supply chain management has taught me how crucial these underlying factors are for a healthy property market, and I’m committed to helping my clients navigate these shifts with informed, strategic decisions.
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Vancouver, Winnipeg Expand Housing with Resilient Flood Zone Plans
It’s striking to note that cities like Vancouver, Winnipeg, Chatham-Kent, and Chilliwack are seeing a rise in homes being built in high flood hazard areas, according to StatsCan. Recent efforts to increase housing supply in Manitoba, Saskatchewan, and B.C. have contributed to this trend. As someone who approaches real estate through an analytical lens—shaped by a background in consulting and supply chain management—I always encourage clients to factor in both opportunity and risk when considering properties in these evolving neighbourhoods. Understanding flood zones and long-term value is essential, whether you’re purchasing, selling, or planning renovations. In my experience, informed decision-making is the foundation of wise property investment, especially as communities adapt to new housing demands.
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Canada Housing Could Look Very Different in 2027
Looking ahead to 2027, Canada’s housing landscape is set for some interesting shifts. According to CMHC, as our economy and household incomes gradually pick up, housing conditions should also improve. While home sales are expected to recover, activity may still fall short of the robust levels from the past decade. The Canadian Real Estate Association is forecasting only modest price growth nationally—pointing towards a period of stabilization, not another surge. For buyers, increased inventory in certain areas and softer demand could mean more room to negotiate. Drawing from my background in both residential and commercial real estate, I see these trends as a chance for well-informed decision-making. My analytical approach has always focused on equipping clients with the information they need, especially as the market finds its new balance.
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BC Standing Inventory Reached 6.7K
As someone who approaches real estate with an analytical mindset, I always keep a close eye on inventory trends across BC. Recently, standing inventory across the province reached 6,700 homes—of which 5,500 are condos. This figure includes not only condos and townhomes, but also some multiplex units, giving us a comprehensive view of available options.
If we look at city specifics, Burnaby currently leads with 1,210 unsold homes, followed by Vancouver at 1,020, Surrey at 798, and Coquitlam at 620. Richmond, Kelowna, Langley Township, New Westminster, and Delta each contribute several hundred units, showing that available inventory extends well beyond Vancouver’s core. Cities like Langford (188), Esquimalt (173), North Vancouver (135), Abbotsford (118), and Chilliwack (100) round out the current landscape, with these listed areas totaling 5,840 units.
While it’s common to hear that most presale inventory consists of studios and one-bedrooms, the latest size and average price data tell a more nuanced story. With years of experience in both residential and commercial real estate, I believe understanding these trends is crucial for anyone looking to make informed decisions—whether buying, selling, or considering renovation opportunities.
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National Day for Truth and Reconciliation
National Day for Truth and Reconciliation honours survivors and raises awareness about their experiences.
It's a symbol of Canada's commitment to reconciliation with Indigenous communities.
Wearing orange shirts on this day symbolizes respect for survivors and raises awareness about residential schools.
May this day inspire a future where every voice is heard, and every spirit is healed.
Together, we can create a tomorrow filled with hope and endless possibilities. -
Metro Vancouver and Fraser Valley Sales Soften
As we progress through mid-Q3, Metro Vancouver and the Fraser Valley are seeing residential sales soften, with 1,900 transactions marking a quieter end to summer 2026. This follows another month of activity coming in under earlier forecasts for the year. The composite benchmark price in Metro Vancouver has adjusted to $1.08 million, reflecting a slight month-over-month dip from early Q3, as market conditions increasingly favor buyers. With active inventory now at 15,800 properties, buyers are presented with a broad range of choices as sellers work to stand out in a competitive local landscape. Notably, detached homes have experienced the most significant price correction—benchmarking at $1.8 million—while apartments reached $686,000 and attached homes settled at $1.03 million. The sales-to-active listings ratio is holding around 12%, firmly indicating a buyer’s market where selection is plentiful and there’s ample room for negotiation. Drawing on my background in analytics and supply chain management, I continue to monitor these shifts closely to ensure my clients have the comprehensive market insight they need to make informed decisions.
