Journal Tag
19 articles tagged "vancouver-market" from Rain City Properties.
Canada went from record population growth to near-zero in under two years. The impact on Vancouver's rental and purchase markets is already measurable, from a 30-year high in vacancy rates to softening condo prices. Here's what the data says and what it means for buyers, sellers, and investors.
Inventory is at multi-year highs, prices are falling, and rates have dropped 275 basis points. So where are all the buyers? A look at the psychology, economics, and math behind the paradox.
Metro Vancouver recorded 2,128 residential transactions in February — a 46% increase from January. But sales remain below last year and well below the 10-year average. Here is why it is too early to call this a recovery.
Metro Vancouver's rental vacancy rate has hit 3.7% -- the highest since 1988. Rents are falling across the region, landlords are offering free months, and the rental market has flipped in favour of tenants. Here's what's driving the shift and what it means for renters, landlords, and condo investors.
February 2026 brought 1,648 home sales across Metro Vancouver, down 9.8% year-over-year, while the composite benchmark slipped to $1,100,300. With active listings sitting 37% above the 10-year average, here is what the numbers mean heading into spring.
Pre-sale condo buyers who purchased at peak 2021-2022 prices are facing six-figure losses as completions arrive in a softer market. Here's what's actually happening, what your legal options are, and how to minimize the damage.
Steel tariffs at 50%, softwood lumber duties near 45%, and a CMHC recession warning. Here's how the US-Canada trade war is hitting Vancouver construction costs, mortgage rate decisions, and buyer confidence heading into spring 2026.
The BC government dropped its 2026 budget with school tax hikes on $3M+ homes, a bumped-up speculation tax, costlier property tax deferments, and expanded PTT exemptions for rental builders. Here's a plain-language breakdown of what actually changes and what it costs you.
September 2025 benchmark prices dropped 3.2% year-over-year while active listings surged 36% above the 10-year average. With the sales-to-active ratio at 11.3%, Vancouver is firmly in buyer territory. Here is what the numbers actually mean for your next purchase.
The Bank of Canada slashed rates 275 basis points, but Vancouver homes are no more affordable. Here is why lower rates alone will not fix the math, and what actually matters if you are trying to buy.
October 2025 saw Metro Vancouver sales drop 14.3% year-over-year while inventory climbed to levels we haven't seen in years. Here's what the fall numbers tell us about where the market is heading.
Sales are down, listings are up, and presale condos are gathering dust. After years of seller dominance, Vancouver's housing market has tilted decisively toward balance. Here is what I am seeing on the ground and where I think it goes from here.
Prices are down 5% across the board, inventory is at a 12-year high, and sales have dropped to levels not seen in a generation. Vancouver is in the middle of a real price correction. Here is what the data actually says and how buyers should think about it.
After seven cuts brought the overnight rate from 5.0% to 2.25%, the Bank of Canada has hit pause twice in a row. Here's what the rate hold means for Vancouver buyers, sellers, and the presale market heading into spring 2026.
BC Assessment's 2026 notices show values declining across the Lower Mainland, with detached homes down 5% in Vancouver and condos softening everywhere. What the numbers mean for buyers ready to act.
Nearly one in four young Vancouver homeowners bought with their parents. Co-ownership is no longer a workaround. Here's how it works, what to watch for, and which mortgage products support it.
With the fewest home sales in over two decades, record-high inventory, and prices down across every property type, Vancouver buyers have more leverage than they've had since 2019. Here's what the numbers say.
After the Bank of Canada's rate-cutting cycle, Vancouver's market is adjusting. Here's what current rates mean for your buying power, monthly payments, and the best strategy going forward.
Vancouver's new multiplex zoning rules are creating uncertainty in luxury neighbourhoods. Here's what high-end buyers and sellers need to know about this market shift.