As someone who has spent over 30 years helping clients navigate the Greater Vancouver real estate market, I’ve seen how quickly things can shift. Toronto’s housing market has experienced an 11% drop in the past year—the largest decline among 23 major cities—with prices now nearly 30% below their peak. Here in Vancouver, we’ve seen a 10% annual decrease and a 20% decline since 2022. These changes are driven by rising interest rates, new policies like the foreign-buyer ban, and increased inventory. More adjustments may still be on the horizon. My commitment has always been to keep you informed, so you can make confident decisions—whether you’re buying, selling, or simply watching the trends unfold in our communities.
