Even with a recent $10,300 drop in Vancouver home prices and some relief from lower mortgage rates—bringing required income down by $2,540 and monthly payments by $70—our city’s real estate market still asks a lot. The income needed to purchase a typical home sits at $223,860, which is a world apart from Vancouver’s $69,000 median salary.
Having helped clients navigate these realities in Greater Vancouver and the Fraser Valley for over 30 years, I know firsthand that understanding the numbers is just the start. Whether you’re looking in Kitsilano, Burnaby, or downtown, I believe every buyer and seller deserves clear information and guidance to make the right choices for their future. This is why I prioritize not only supporting you through each step, but also ensuring you truly understand the market forces at play. Small shifts in rates and prices can make a difference, yet the gap between affordability and reality remains wide. It’s my commitment to help you approach these decisions with confidence and clarity, wherever your dream home may be.
