Category: Latest Posts

  • Mount Pleasant Farmers Market

    Mount Pleasant Farmers Market

    One of my favourite ways to enjoy Vancouver’s vibrant community spirit is at the Mount Pleasant Farmers Market, open every Sunday from May to November at Dude Chilling Park. With over 35 farms, local producers, food stalls, and coffee trucks, this event is a highlight of the 2026 summer season. I love seeing how these markets bring neighbours together and showcase the best of our local talent—whether you’re looking for fresh ingredients for your next home-cooked meal or simply want to immerse yourself in the atmosphere. Community connections like these are at the heart of what makes Mount Pleasant such a wonderful place to live, work, and invest in. Supporting local not only enriches our daily lives but also adds unique value to the neighbourhoods we call home.

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  • Falling home prices drive record 10th straight quarter of affordability gains

    Falling home prices drive record 10th straight quarter of affordability gains

    Housing affordability improved for the 10th consecutive quarter as falling home prices offset rising mortgage rates, with mortgage payments on a representative home dropping to 51.1% of median income. This improvement shifted from rate-driven to price-driven, especially in Vancouver and Toronto. Despite gains, affordability remains below historical norms nationwide, with Vancouver the least affordable. Future improvements depend on income growth and controlled home-price increases.

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  • BC Housing Market Shows Regional Split

    In Early-Q3, BC recorded 6.6K residential sales, ↓~7% yearly, while provincial sales volume reached $6.1B and avg. price eased to ~$930K provincewide.
    BC's headline softness masked a widening regional divide, with recovering Interior markets offsetting continued pressure in the Lower Mainland during Early-Q3 activity.
    BC's Interior helped balance the picture: Okanagan prices ↑~8%, South Peace River prices ↑~10% with sales ↑~26%, while Kamloops and Kootenay also advanced.
    Seasonally adjusted sales activity rose MoM across most of BC, suggesting broader stabilization, while economists said remaining weakness stayed concentrated in the Lower Mainland.
    Through Early-Q3 2026, BC dollar volume ↓~7% to $38B and unit sales ↓~6% to 40.4K; the forecast still expected 2027 growth provincewide.

  • Why I’d Be Excited To Buy In Vancouver Right Now

    Sales have been gaining momentum, suggesting buyers are becoming increasingly comfortable stepping back into the market.
    That creates an interesting sweet spot: you can shop selectively without the intense competition of Vancouver’s hottest markets.
    Royal LePage expects Greater Vancouver prices to fall 3.5% year-over-year in Q4 2026, creating potential room for buyers.
    That combination of choice, improving activity, and potential price flexibility makes Vancouver worth watching right now.

  • Vancouver Starts Seen Sliding Through 2028

    Metro Vancouver Starts Outlook
    2026: 26K-27K
    2027: 21.9K-25.1K
    2028: 20.5K-22K
    The outlook pointed to a multi-year supply reset, with condo construction at historic lows and no recovery in housing starts expected before 2028.
    The resale market was forecast to turn before construction, with Vancouver sales at 28K-28.8K in 2026 and a partial recovery to 29.8K-32.2K in 2027.
    Vancouver Price And Rental Outlook
    2026 avg. price: ~$1.16M baseline
    Alternative: ~$1.15M
    Rental supply arrived, but vacancy tightened toward the mid-3% range
    Slower population growth, economic uncertainty, elevated mortgage rates and weak income growth were expected to restrain demand, even as affordability slowly improved in Vancouver.

  • Vancouver Housing Market Poised for Future Growth Opportunities

    Vancouver Housing Market Poised for Future Growth Opportunities

    As someone who approaches Vancouver’s property market with both analytical insight and a designer’s eye, I’ve been closely following the latest CMHC projections. Their recent report anticipates a decline in Metro Vancouver housing starts through 2028, with condo construction reaching historic lows. This trend is shaped by a combination of slower population growth, ongoing economic uncertainty, elevated mortgage rates, and weaker income growth. Interestingly, while new builds are expected to slow, the resale market is set to recover sooner, with prices remaining stable overall. For those considering their next move—whether buying, selling, or investing—these shifts highlight the importance of having the right data and a strategic approach. In times like these, making informed decisions is essential to navigating a changing market with confidence.

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  • Why work with Angie Tsai

    Why work with Angie Tsai

    Let’s connect and talk about the latest insights in the industry!

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