In Vancouver, a wealth manager said home prices were ↓~10% over the past year, showing the market had cooled from earlier highs.
The same analysis said Vancouver prices had fallen ↓~20% from their 2022 peak, underscoring how far values had moved off prior highs.
Vancouver was portrayed as a market that had cooled meaningfully, with weaker pricing after an earlier stretch when values had climbed much more aggressively.
The short-term outlook pointed to continued price pressure as inventory grew, economic growth slowed, and possible additional rate hikes weighed on the market.
For Vancouver, the near-term setup suggested home prices would likely remain subdued rather than quickly rebound, keeping attention on supply, growth, and financing conditions.
Vancouver Home Prices Face a Market Adjustment | The market is moving — your wealth should be too! Call to see how we can help shape your financial future.

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