• Gen Z buyers lead every generation on affordability trade-offs

    Gen Z buyers lead every generation on affordability trade-offs

    Gen Z homebuyers are the most willing to cut discretionary spending and accept smaller homes to achieve homeownership, with 78% ready to reduce expenses and 74% open to smaller properties. This generation shows greater financial flexibility than Millennials, Gen X, and Baby Boomers amid high housing costs. Globally, Canadians are most open to downsizing, while British buyers show the least compromise. Ownership can be cost-neutral or favorable compared to renting when considering mortgage rates and tax benefits.

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  • August Brings More Affordable Options for Canadian Homebuyers

    August Brings More Affordable Options for Canadian Homebuyers

    Canadian home sales declined 0.7% in August, marking the first drop since spring, amid rising inflation risks and potential Bank of Canada rate hikes. New listings increased 3.3%, offering more options for buyers despite economic uncertainty. The sales-to-new listings ratio remained balanced, and home prices were stable month-over-month but 3% lower year-over-year. The national average home price rose 0.6% annually to $668,219.

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  • Coquitlam – Most Affordable Homes of September 2026

    Coquitlam — Most Affordable homes for September 2026.

    Listings (sorted by price):
    1. Listing R3167233 — $125,000
    2. Listing R3160464 — $179,000
    3. Listing R3169781 — $229,880
    4. Listing R3117977 — $248,880
    5. Listing R3164337 — $248,880
    6. Listing R3141176 — $284,000
    7. Listing R3163338 — $295,000
    8. Listing R3154835 — $298,000
    9. Listing R3129279 — $315,000
    10. Listing R3168859 — $329,900
    11. Listing R3153872 — $349,000
    12. Listing R3154772 — $349,900
    13. Listing R3162692 — $359,900
    14. Listing R3102793 — $364,000
    15. Listing R3153475 — $368,000

  • Vancouver Affordability Eases, but Relief Is Partial

    Vancouver buyers got meaningful affordability relief, but the improvement stayed incomplete, leaving the market under heavy strain and keeping ownership costs exceptionally challenging.
    Earlier declines had reversed more than half the pandemic-era affordability spike, showing progress for buyers even as Vancouver remained the country's toughest market for buyers.
    In BC, softer labour conditions limited pay growth, so still-falling prices did not translate into the full affordability boost many Vancouver buyers needed.
    Market strain also showed up in activity, with resales lower and prices softer across housing categories, giving buyers more selection as inventory stayed abundant.
    Near term, home values were expected to keep easing as demand slumped and inventory stayed plentiful, a setup that could extend relief for buyers.

  • B.C. Home Market Shows Signs of Gradual Recovery in August

    B.C. Home Market Shows Signs of Gradual Recovery in August

    British Columbia home sales fell 4.7% year-over-year in August, with 5,653 residential sales and the average home price dropping to just under $925,000. Sales have been gradually recovering since January but remain below long-term averages. The Okanagan region saw a 22% decline, while the South Peace River region experienced a nearly 35% increase. Concerns remain over U.S. tariffs and rising long-term interest rates.

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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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  • Home sales remain low but recovering slowly, says BCREA

    Home sales remain low but recovering slowly, says BCREA

    Residential home sales in British Columbia fell 4.8% in August compared to last year, totaling $5.2 billion, and remain 25.4% below the 10-year August average. The average provincial home price dropped about 1% to $924,826. Sales volume decreased 5.5% with 46,069 homes sold. Greater Vancouver saw a 1.3% price decline to $1.21 million and a 3.6% sales drop. Year-to-date sales are down 6.5% to $43.26 billion.

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  • In Vancouver, Square Footage Isn’t the Only Kind of Space

    In most cities, more space means a bigger yard; in Vancouver, it often means a closer mountain view instead.
    Buyers weighing a bigger place outside the city are also giving up how close those mountains and the water stay.
    Much of Vancouver's housing sits within a short drive of the coastline and the North Shore mountains.
    From many downtown streets, those peaks are visible above the rooftops on a clear September day.
    Would you trade square footage for that kind of daily view?

  • 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.