Author: saundersrealty-ca

BC's housing market is always dynamic, and the latest numbers paint a clear picture: standing inventory across the province has reached 6,700 homes. That includes 5,500 condos, as well as a blend of townhomes and some multiplex units—spanning far beyond just the major hubs. What stands out is Burnaby leading with 1,210 unsold homes, closely followed by Vancouver at 1,020, Surrey at 798, and Coquitlam at 620. Richmond, Kelowna, Langley Township, New Westminster, and Delta also show strong inventory levels, highlighting that opportunities are spread well beyond just the biggest markets. Cities like Langford, Esquimalt, North Vancouver, Abbotsford, and Chilliwack collectively bring the listed total to 5,840 units.

There's often talk in presale circles that studios and one-bed units are the primary contributors to these numbers. But when I look at the broader data—considering all sizes and average prices—the story is more complex. My accounting background helps me interpret these trends, so whether you’re searching for your next home or evaluating an investment, I’m here to guide you through the details that matter most to your property goals.

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.

As summer 2026 comes to a close, we’ve seen Metro Vancouver and the Fraser Valley experience a noticeable softening in residential sales—just 1,900 in Mid-Q3, falling short of earlier forecasts. For buyers, this means more opportunity and greater selection: active inventory has climbed to 15,800 properties, keeping choices elevated while sellers compete for attention. The composite benchmark price is now at $1.08M—a slight dip month-over-month as buyer-friendly conditions grow. Detached homes in Vancouver have seen the most significant price adjustment, with benchmarks at $1.8M, while apartments and attached homes are at $686K and $1.03M, respectively. With the sales-to-active listings ratio around 12%, we’re firmly in a buyer’s market, giving you more flexibility and negotiation power. My background in accounting and my commitment to your specific needs mean that I’m here to help you navigate this evolving market efficiently—whether you’re searching for your next home or the ideal buyer.

When we hear about interest rate cuts in Canada, it’s tempting to hope they’ll make homes more affordable overnight. But according to recent central bank research, the story is more complex. Lower rates do boost housing demand quickly—resales start climbing soon after a cut, with the full effect showing up 18 to 24 months later. Yet the real increase in new construction only kicks in about two years after rates drop, since builders need time to plan, secure permits, and respond to improved project viability.

Having spent years in accounting before becoming a REALTOR®, I pay close attention to how these financial shifts actually play out for buyers and sellers. A strong job market can nudge buyers to act faster, especially when borrowing is easier. But even with those advantages, supply often lags behind demand, which means affordability pressures can persist longer than we’d like. The research suggests that rate cuts alone aren’t enough to solve our housing challenges—they may even make it harder for some buyers before new inventory catches up.

Helping my clients navigate these ups and downs is at the heart of what I do. Whether you’re searching for your first home or looking to invest, understanding the timing and impact of these changes is key to making your next move with confidence.

Vancouver’s real estate market continues to shift, with home sales dipping by 4.6% last month—1,900 homes changed hands as the city’s pace softened further. The composite benchmark price now sits around $1.1M. With 4,100 new listings added and total inventory reaching 15,800 properties, buyers and sellers have more options to consider, but a slower market means prices are gently drifting lower. According to local analysts, this trend is expected to continue through late 2026, keeping pricing and pace under close watch.

As someone who values efficiency and responsiveness, I always keep a close eye on how these numbers impact both new buyers and seasoned investors. My accounting background helps me see the story behind the stats, ensuring my clients are prepared—whether they’re searching for the perfect home or looking to position their property in a shifting market.

If you’re navigating Vancouver’s ever-evolving landscape, I’m here to help you turn information into opportunity—serving families, friends, and the Spanish-speaking community with dedication and care.

Vancouver — Most Expensive homes for August 2026.

Listings (sorted by price):
1. Listing R3041987 — $58,800,000
2. Listing R3143519 — $49,880,000
3. Listing R3147443 — $39,980,000
4. Listing R2934837 — $32,000,000
5. Listing R2934825 — $30,000,000
6. Listing R3058864 — $29,800,000
7. Listing R3127725 — $28,000,000
8. Listing R3138481 — $27,880,000
9. Listing R3045716 — $26,880,000
10. Listing R3136700 — $23,750,000
11. Listing R3134721 — $22,000,000
12. Listing R3050988 — $19,980,000
13. Listing R3150070 — $19,880,000
14. Listing R3083839 — $19,800,000
15. Listing R3111674 — $19,800,000