David’s Real Estate Blog
Drawing on nearly 30 years of experience in Greater Vancouver and the Fraser Valley, I share the market insights, strategies, and local knowledge you need to make your next move with confidence.
David’s Real Estate Blog
Drawing on nearly 30 years of experience in Greater Vancouver and the Fraser Valley, I share the market insights, strategies, and local knowledge you need to make your next move with confidence.
Three things to know about getting a mortgage if you’re self-employed
Self-employed homebuyers can secure loans but must provide more documentation, such as two years of tax returns, profit and loss statements, and IRS Form 4506-T. Maintaining a good credit score and separating business from personal finances is crucial. Business write-offs that reduce reported income may affect mortgage qualification. With proper planning and organization, self-employed individuals can successfully achieve homeownership.
Vancouver Luxury Homes Confused by Multiplex Zoning
Slide 1 – Hook
“Vancouver luxury buyers are confused—every single-family lot now whispers ‘multiplex potential!’”
Slide 2 – Luxury Buyer Psychology
“High-end buyers avoid multiplex neighbors; they pay for exclusivity, not shared walls nearby.”
Slide 3 – Developer Dilemma
“Developers hesitate: soft market, high costs, and uncertain profits block multiplex projects.”
Slide 4 – Market Contrast
“Luxury sales stay steady near 10-year averages, while broader Vancouver market lags 20–25%.”
Slide 5 – Double Whammy
“High permitting, construction, and vacancy taxes make decisions tricky for Vancouver’s luxury sector.”
Vancouver Housing Psychology: What 2026 Holds?
Slide 1 –
“2026 Vancouver’s home prices dropping 3.5% while Canada’s market edges up 1%.”
Slide 2 –
“Detached homes could slide 5%—median price now $1.61M, buyers pausing everywhere.”
Slide 3 –
“Condo prices to down 3% to $712K thanks to high supply and patient buyers.”
Slide 4 –
“Move-up buyers stuck waiting to sell first—creating more homes on market.”
Slide 5 – Market Psychology
“Low urgency, economic worries, and oversupply make buyers watch and wait longer.”
Will Vancouver’s 2026 Housing Market Echo 2025?
Slide 1:
Vancouver home prices may drop 1–3% by March 2026—ready to act?
Slide 2:
Overall sales predicted to decrease 4% in 2026 compared to 2025.
Slide 3:
Entry-level homes $500K–$700K stay hot; luxury homes face higher inventory pressure.
Slide 4:
Condo market leans buyers’ way, while detached homes remain high-demand in 2026.
Slide 5:
2026 market: balanced overall, condos favour buyers; trends similar to 2025.
St Paul’s Hospital is 7 mins away! 2Bed/2Bath Chinatown condo. Concrete floors, sunny deck, ensuite. Ideal for investors/staff. 2027 opening. Great investment!
Attention Investors and St. Paul’s Employees! Discover this stunning and cozy 2-bedroom, 2-bath condo just a 7-minute walk from the new St. Paul’s Hospital, set to be fully operational in early 2027. Located in the heart of revitalized Chinatown, this gem features concrete floors, expansive south-facing windows, and a sunny covered deck. The primary bedroom boasts a walk-through closet and a 4-piece en-suite. The versatile second bedroom includes opaque glass doors, perfect as a den or workspace, and easily convertible to a guest bedroom. Enjoy a contemporary kitchen, in-suite laundry, and a fantastic building location above vibrant shops, salons, and cafes. Don’t miss this opportunity for your next home!
Confidence Slow to Return in Vancouver Housing
Vancouver home prices slipped 3.4% from last month.
Sales activity remains low, with little sign of immediate market recovery.
Presale condo buyers face appraisals often lower than agreed purchase prices.
First-time buyers cautious amid economic uncertainty and slow housing market rebound.
Experts predict it may take a calmer market before confidence improves.
Will Vancouver’s 2026 Economy Support Property Markets?
Slide 1
Vancouver’s economy barely grows, rising from 1.2% in 2025 to 1.9% in 2026.
Slide 2
Condo developers face low margins and stalled projects until unsold units clear in 18 months.
Slide 3
Rents are flattening as new rental units surge, pushing vacancy toward 2.9% by 2027.
Slide 4
Zoning changes boost fourplexes, sixplexes, and townhomes as families shift to affordable suburbs.
Slide 5
Industrial and hotel markets stay strong, driven by scarce land and rising tourism demand.