As someone who’s spent over 15 years helping buyers and sellers navigate the Fraser Valley and Greater Vancouver markets, I’ve seen how shifts in confidence and affordability shape our real estate landscape. This year, we saw early signs of recovery: resales picking up, inventory leveling out, and prices finding their footing as employment and savings trends gave more buyers the green light to re-enter the market. Still, a lot depends on how quickly those who’ve been waiting on the sidelines decide to make a move.
Looking ahead, forecasts call for a slight dip in resales (down about 4% to 453,000) and benchmark prices (down around 2% to $794,000) in 2026—but the expectation is that both will start to climb again in 2027 across every province, even if the recovery is more gradual than dramatic. With borrowing costs hovering near recent lows and the central bank holding rates steady, there’s reason for cautious optimism—though we’ll need to keep an eye on global trade and energy factors.
Whether you’re just starting your home search, considering an investment, or planning your next move, understanding these market trends is key to making confident decisions.
Leave a Reply