Category: Latest Posts

  • Vancouver Rent Climbs 3.3% Even As Metro Vancouver Prices Fall

    Vancouver Rent Climbs 3.3% Even As Metro Vancouver Prices Fall

    Here’s something I’ve been watching closely: In September, Vancouver’s average rent for an unfurnished one-bedroom climbed 3.32% to $2,328—even as eight other Metro Vancouver cities posted declines. Richmond, for example, saw rents drop by 12.19% to $1,977. Across the region, the average actually fell by 3.95% to $2,085.

    These shifts are a reminder of how local real estate dynamics can vary dramatically, even within Metro Vancouver. Having spent over 20 years guiding clients through buying, selling, and building—especially in the luxury and custom home space—I always take a 360° approach to changes like this. The numbers speak to more than just market trends; they reflect evolving demand, policy shifts, and the ongoing challenge of affordability.

    For those considering new development or looking to unlock potential in their properties, these kinds of stats highlight why a tailored strategy matters, particularly as the multiplex movement continues to reshape options for both investors and homeowners. Every neighbourhood has its own story—and opportunity.

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  • Happy Thanksgiving | The market is moving — your wealth should be too! Call to see how we can help shape your financial future.

    The perfect opportunity to embrace your inner "foodie" and unbutton your pants at the dinner table!In Canada, post-Thanksgiving is all about creative cranberry sauce solutions. Cranberry sauce pancakes, anyone?It's that time when multiple ovens are a blessing. Turkey, pies, casseroles – less stress!

  • Vancouver Prices Under Pressure 📉

    Vancouver Prices Under Pressure 📉

    Vancouver’s September market data highlights a widening gap between expectations and outcomes. The median sold price was approximately $1.14 million, well below the $1.399 million median asking price. For buyers, that difference may signal room for negotiation; for sellers, it reinforces the importance of accurate pricing from day one.

    The median list price reached $1,021 per square foot, adding another useful benchmark when comparing homes. However, price per square foot should never be viewed in isolation—property condition, neighbourhood, lot size, building quality, and layout can all significantly affect value.

    Regionally, the August benchmark declined 5.6% year over year to $1,081,900, confirming continued downward pressure on prices. Buyers may benefit from increased leverage and more time to assess opportunities, while sellers should focus on realistic positioning, strong presentation, and a well-timed launch.

    Whether you are considering a purchase, sale, or simply monitoring your equity, personalized advice matters. A tailored Vancouver market review can help you understand current values and choose a strategy that fits your goals. Reach out to discuss your next move.

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  • How the U.S. could influence more expensive Vancouver rent

    How the U.S. could influence more expensive Vancouver rent

    Vancouver's rental market faces rising construction costs due to U.S.-Canada trade war tariffs, especially on steel and metal products used in concrete high-rises. This inflation may delay or cancel rental projects, reducing supply just as population growth rebounds, potentially causing rent and home prices to surge. Other regions with wood-framed buildings are less affected. Falling housing starts and economic uncertainty have already strained the market.

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  • Vancouver Housing Stays Globally Desirable | The market is moving — your wealth should be too! Call to see how we can help shape your financial future.

    Vancouver continues to hold its own on the world stage, ranking 24th out of 1,000 global cities—no small feat considering the ongoing challenges of housing affordability. The city's strong economic fundamentals and deep well of talent keep it highly desirable, even as the cost of putting down roots here remains a pressing concern. According to a recent study, Vancouver’s median multiple is nearly 11, marking it as one of the least affordable major markets worldwide. Residents here spend a greater share of their income on housing than almost anywhere else, making affordability the defining constraint for many families and investors. As someone who’s spent 20+ years in Vancouver real estate and 15 years building homes, I see firsthand how limited supply and slower housing starts—projected through 2026—are leaving buyers searching for options. This is why I’ve made it my mission to help clients and communities explore solutions like multiplex development, which is a key step toward bridging the gap and making home ownership more attainable while preserving what makes Vancouver so attractive.

  • Canada Housing Could Look Very Different in 2027 | The market is moving — your wealth should be too! Call to see how we can help shape your financial future.

    Looking ahead to 2027, the landscape of Canadian housing is set for some interesting shifts. According to CMHC, we can expect conditions to gradually improve as both incomes and the broader economy gain strength. While home sales are forecasted to pick up, they’ll likely remain below the robust activity we saw over the past decade. The Canadian Real Estate Association is also predicting only modest national price growth—pointing to a period of stabilization, not another rapid surge. For those considering their next move, higher inventory levels and softer demand in certain markets may give buyers more room to negotiate.

    As someone who’s spent over 20 years guiding clients through all facets of real estate—whether building with Shoreline Homes, advocating for multiplex development, or advising on complex market shifts—I see these conditions as an opportunity to think strategically about your next steps. Whether you’re weighing a custom build, a multiplex project, or a future sale, understanding the nuances of evolving supply and demand is key. The coming years will reward those who approach real estate with both patience and vision.

  • In Vancouver, Square Footage Isn’t the Only Kind of Space | The market is moving — your wealth should be too! Call to see how we can help shape your financial future.

    Over my two decades in Vancouver real estate—spanning both luxury home sales and custom builds—I’ve seen firsthand that 'space' here is more than just square footage. In this city, the value of a home often includes the daily drama of mountain peaks and the proximity to the ocean, not just the dimensions on a floor plan. Many of Vancouver’s homes are nestled within minutes of the coastline and the North Shore mountains, offering residents a unique closeness to nature that’s hard to replicate elsewhere. On a clear September day, those iconic views are part of the everyday backdrop, especially from downtown. It’s a distinct trade-off: move farther out for a larger yard, or stay close to the city’s heart and keep those breathtaking vistas within reach. As someone who’s spent years crafting residences and advising clients on maximizing their lifestyle and investment, I always encourage considering what kind of 'space' truly matters to you in Vancouver’s evolving landscape.

  • National Day for Truth and Reconciliation | The market is moving — your wealth should be too! Call to see how we can help shape your financial future.

    National Day for Truth and Reconciliation honours survivors and raises awareness about their experiences.
    It's a symbol of Canada's commitment to reconciliation with Indigenous communities.
    Wearing orange shirts on this day symbolizes respect for survivors and raises awareness about residential schools.
    May this day inspire a future where every voice is heard, and every spirit is healed.
    Together, we can create a tomorrow filled with hope and endless possibilities.

  • Metro Vancouver and Fraser Valley Sales Soften | The market is moving — your wealth should be too! Call to see how we can help shape your financial future.

    The Mid-Q3 numbers are in for Metro Vancouver and the Fraser Valley, and the market is showing clear signs of softening. We saw 1,900 residential sales—a subdued pace for the tail end of summer 2026, and a continuation of the trend that’s kept activity beneath earlier forecasts this year. The composite benchmark price for the region now sits at $1.08M, down from Early-Q3, as conditions keep tilting in favour of buyers. Inventory is robust: 15,800 active listings means greater choice and leverage for buyers, with sellers vying for attention across the board.

    Detached homes experienced the sharpest adjustment, with the benchmark at $1.8M, while apartments reached $686K and attached homes landed at $1.03M. The sales-to-active listings ratio at 12% underscores a buyers’ market—lots of selection and more room to negotiate.

    From my vantage point—combining two decades in real estate and years building with Shoreline Homes—these market shifts are more than just numbers. For those considering their next move, whether buying, selling, or exploring redevelopment potential under the new multiplex policies, understanding this landscape is key. The current environment is creating fresh possibilities for those who know where to look.

  • BC Standing Inventory Reached 6.7K | The market is moving — your wealth should be too! Call to see how we can help shape your financial future.

    BC’s standing inventory has climbed to 6,700 homes, with 5,500 of those being condos. This includes a mix of condos, townhomes, and a number of multiplex units across the province—an area I’ve been deeply involved in through both sales and construction. Burnaby currently leads the pack with 1,210 unsold homes, followed by Vancouver at 1,020, Surrey at 798, and Coquitlam at 620. Richmond, Kelowna, Langley Township, New Westminster, and Delta also show significant numbers, emphasizing that inventory isn’t just clustered in the highest-profile markets. Cities like Langford, Esquimalt, North Vancouver, Abbotsford, and Chilliwack round out the picture, bringing the city totals to 5,840 units. While some point to presales—especially studios and one-beds—as the main driver, the reality is more nuanced. From where I stand, the latest data on home sizes and average prices tell a different story about supply, demand, and evolving opportunities in BC’s housing landscape. Having spent decades navigating both real estate and building—especially in the multiplex space—I’m seeing firsthand how these shifts are shaping what’s possible for homeowners and investors alike.