Home prices across Canada are making headlines again, with July seeing an overall drop of 0.6% to $661,800. Six provinces experienced declines, while the three Atlantic provinces posted gains. Since March 2022, the national average has dropped by 21.3%, primarily due to sharper decreases in Ontario and B.C. Despite these notable shifts, affordability remains a concern for many. Working in Greater Vancouver and the Fraser Valley for over 15 years, I’ve seen firsthand how these trends affect buyers and sellers alike—whether you’re entering the market for the first time, investing, or planning your next move. Staying informed is key to making confident decisions in our evolving real estate landscape.
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