As someone who’s worked with buyers and sellers across the Fraser Valley and Greater Vancouver for over 15 years, I’ve seen firsthand how shifts in mortgage rates can impact home-buying decisions. Lately, we’re seeing lower rates breathe new life into affordability, prompting more Canadians to revisit plans they might have put on hold. Even with a bit of a slowdown in national population growth this year, household formation remains strong—a positive sign for anyone considering a move. There’s also a noticeable uptick in first-time buyers stepping into the market, which is helping to keep the broader resale landscape active. Looking ahead, market confidence is expected to build gradually right through to late 2026. Whether you’re thinking of buying your first home or planning your next move, these trends are worth watching.
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