There's a noticeable shift happening in the Canadian real estate market—RBC is reporting gradual signs of recovery. We're seeing increased sales activity, inventories that are leveling out, and a gentle uptick in prices. Looking ahead, forecasts suggest we might experience a dip in sales in 2026, with a rebound anticipated for 2027. For those of you keeping an eye on condos, both Ontario and British Columbia are expected to see a slower pace of recovery in that segment. As always, interest rates play a role and could be on the rise again in 2027.
Having negotiated and guided clients through changing markets since 2007, I know how important it is to keep both your financial and emotional interests front and center. If you're curious about how these trends might affect your goals in Greater Vancouver, I’m committed to providing the insight and patience you need to make informed decisions.
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