Dr Sam Mehrbod’s Blog

Home prices in Vancouver are projected to decline about 2% in 2025, with a potential stabilization or modest recovery in 2026. Higher inventory levels will provide buyers with more options, helping the market gradually balance supply and demand conditions. Affordability is expected to improve slightly due to lower interest rates and moderating prices, though challenges…

1,158 apartment units sold in July, down from 1,192 last year. Benchmark apartment price: $743,700, ↓ 3.2% YoY and 0.6% MoM. Overall residential sales: 2,286, ↓ 2% YoY, 13.9% below 10-year avg. Inventory stable at ~17,000 listings; prices expected to trend sideways short term. Bank of Canada rate hold may support sales amid economic uncertainty.…

Slide 1: Greater Vancouver luxury home sales drop 39%, but prices only soften slightly this year. Slide 2: 86 detached homes over $5M sold in 2025, averaging $6.6M, median $5.9M. Slide 3: Ultra-luxury homes over $10M dropped to eight sales, compared to 14 last year. Slide 4: Luxury condos fell 38% in sales, yet average…

Sales are still below typical summer levels despite early signs of improvement. Buyer caution remains as prices stay high and economic uncertainty lingers. Strong inventory keeps conditions balanced and prevents sharp price gains. Prices are edging down, offering rare openings in a premium market.

July sales: 2,286, ↓2% YoY, 13.9% below 10-year avg. Benchmark price: $1,165,300, ↓2.7% YoY, ↓0.7% MoM. Active listings ↑19.8% YoY to 17,168; new listings ↑0.8% YoY.

Slide 1: Vancouver housing is dropping fast—expect a 15% correction by the end of 2025! Slide 2: Average Vancouver home price will hit $2.11M, opening serious opportunities for buyers this fall. slide 3: The first half already saw a 6.3% dip—market slowdown is continuing steadily. slide 4: Buyers finally have leverage; sellers are adjusting—Vancouver’s market…