Category: Latest Posts

  • Fall 2026 Housing Supply Report

    Fall 2026 Housing Supply Report

    Canada's housing supply gap remains largely unchanged, with shortages in Toronto, Ottawa, Montréal, and Vancouver, while Calgary's gap has narrowed and Edmonton shows no gap. Construction is slowing faster than demand, risking long-term affordability. Rental housing dominates new supply, but weak condominium construction limits ownership options. Meeting future demand requires increased housing starts, especially ownership units, alongside infrastructure improvements to sustain affordability.

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  • BCREA:住宅销售依然低迷但正缓慢复苏

    BCREA:住宅销售依然低迷但正缓慢复苏

    不列颠哥伦比亚省8月住宅销售额同比下降4.8%,总额为52亿加元,较过去十年8月平均水平低25.4%。全省平均房价下跌约1%,至924,826加元。销售量下降5.5%,共售出46,069套住宅。大温哥华地区房价下跌1.3%,至121万加元,销售量下降3.6%。年初至今销售额下降6.5%,至432.6亿加元。

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  • Vancouver, Winnipeg Expand Housing with Resilient Flood Zone Plans

    Vancouver, Winnipeg Expand Housing with Resilient Flood Zone Plans

    Many homes in Winnipeg, Vancouver, Chatham-Kent, and Chilliwack are in high flood hazard areas, with recent builds increasing in Manitoba, Saskatchewan, and B.C. due to housing supply efforts. Winnipeg has 45% of residences in flood zones, while over 10% of Metro Vancouver homes face flood risks, often occupied by lower-income, older residents. Climate change may increase flood frequency and severity, highlighting the need for improved flood defenses and regulations to protect vulnerable populations.

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  • BC Standing Inventory Reached 6.7K

    Across BC, standing inventory totaled 6.7K homes, including 5.5K condos, and the count covered condos, townhomes, plus some multiplex units provincewide.
    Among tracked BC cities, Burnaby led with 1.21K unsold homes, followed by Vancouver at 1.02K, Surrey at 798, and Coquitlam at 620.
    Richmond recorded 396 units, Kelowna 372, Langley Township 276, New Westminster 224, and Delta 211, showing inventory spread well beyond BC's largest markets.
    Additional BC counts included Langford 188, Esquimalt 173, the City of North Vancouver 135, Abbotsford 118, and Chilliwack 100; listed cities totaled 5.84K.
    A common presale narrative blamed mainly studios and one-beds, but broader BC size and avg. price data pointed to a different story.

  • Vancouver Resales Edge Up

    In the latest Vancouver data, resales ↑~10% MoM, moving above 2K homes for the first time in nine months, a notable step.
    Vancouver prices kept easing, but the pace slowed. The local home price index was ↓~6% yearly, showing softer conditions without a sharper slide.
    Economic uncertainty from trade tensions rattled buyer confidence, but Vancouver still posted a clear MoM resale gain in the latest reading locally.
    An economist called the current housing slowdown a temporary detour, not a turning point, suggesting Vancouver's activity deserves close watching rather than immediate concern.
    The outlook called for stabilization through the rest of 2026 and into 2027, with Vancouver's path likely tied to that uneven recovery.

  • National Day for Truth and Reconciliation

    National Day for Truth and Reconciliation honours survivors and raises awareness about their experiences.
    It's a symbol of Canada's commitment to reconciliation with Indigenous communities.
    Wearing orange shirts on this day symbolizes respect for survivors and raises awareness about residential schools.
    May this day inspire a future where every voice is heard, and every spirit is healed.
    Together, we can create a tomorrow filled with hope and endless possibilities.

  • Vancouver Housing Stays Globally Desirable

    Vancouver placed 24th among 1K global cities, staying inside the top 25 as strong economics and human capital helped offset housing pressure.
    Its ranking drew strength from economics and talent, while housing affordability weighed on quality of life in a city that remained highly desirable.
    A housing affordability study put Vancouver's median multiple near 11, placing the city among the least affordable major markets despite its global appeal.
    An economist said Vancouver residents spent a larger share of income on housing than residents of nearly any other city, making costs a defining constraint.
    A housing agency said a supply gap and slower housing starts through 2026 help explain why broader affordability improvements have not fully reached Vancouver buyers.

  • More Choices for Homebuyers in Metro Vancouver and Fraser Valley

    More Choices for Homebuyers in Metro Vancouver and Fraser Valley

    Metro Vancouver's housing market shows sluggish sales, declining prices, and elevated inventory, with August sales down 4.6% from last year and prices falling 5.6% to $1,081,900. Inventory remains 26.2% above the 10-year average, giving buyers more options. Fraser Valley mirrors this trend, with sales down 14% from July but slightly up year-over-year, prices down 7%, and a strong buyer's market due to high listings and slower sales.

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  • BC各城市库存数据:按户型与均价详解

    BC各城市库存数据:按户型与均价详解

    截至8月,BC省共有6,687套未售住宅单元,其中包括5,511套公寓,库存量最高的城市为Burnaby(1,208套)、Vancouver(1,017套)和Surrey(798套)。本数据涵盖了各城市的公寓、联排别墅及多单元住宅。与普遍看法不同,未售库存并非仅因小户型“狗笼房”过剩,户型面积与均价数据显示市场情况更为复杂。

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  • Vancouver Sees New Opportunities Amid 2025 Population Shift

    Vancouver Sees New Opportunities Amid 2025 Population Shift

    Metro Vancouver's population growth has slowed significantly, with Vancouver's population dropping by over 8,000 from 2024 to 2025, the largest decline in 20 years. This shift is mainly due to changes in federal immigration policy and high living costs. While some suburbs like Surrey continue to grow, growth rates have slowed. The population shift raises concerns about housing, infrastructure, transit, and regional planning challenges.

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