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Vancouver Real Estate Blog


Vancouver Real Estate Market Update

If you’ve been following the real estate headlines lately, you may feel as though you’re still riding on the wooden roller coaster at the PNE, with a blindfold on and no idea of what lies ahead.

Everyone has an opinion about where the housing market’s headed, and every day there’s a new report warning of dangers or trumpeting opportunities. 

Even experts who spend every waking hour reading the tea leaves still get it wrong. For example, people who have been trying to time the “bottom” of the market got reminded of the costs of not acting when the Bank of Canada raised interest rates this week. 

This volatility has left a lot of people confused and stressed. So I like to remind my clients of something that’s easy to forget…

You aren’t in the housing market: You are in the market for a home.

There’s a big difference. Especially on the West Coast, where we’ve become accustomed to stellar gains in house prices, it’s easy to forget that the fundamentals still apply. 

Focus on finding the right home for you, one that you love and that you can afford. Then you can stop reading the headlines, get off that roller coaster, and move into your very own “Dream Home.”

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.