Housing affordability in Canada has seen a modest improvement this past quarter, thanks in part to rising incomes and stable home prices. Here in Vancouver, as well as in Toronto, we've noticed some positive changes—welcome news for those looking to buy or sell in our vibrant communities. However, not all regions have shared in these gains, with some Prairie and Atlantic areas seeing affordability decline. As we look ahead, it’s important to keep in mind that rising interest rates could bring new challenges by 2027. With over 30 years of experience guiding clients through the ever-changing Greater Vancouver and Fraser Valley markets, I believe staying informed and prepared is key to making confident real estate decisions. If you’re considering your next move or simply want to understand how these trends might impact your plans, I’m always here to help you navigate the market with clarity.