Lower Mainland housing market gains ground as B.C. exports retreat

In the ever-evolving Vancouver and Greater Vancouver real estate landscape, we're seeing some notable shifts. This past year, housing sales in the Lower Mainland dipped by 3.6%, yet there was a 6.6% uptick as we moved through the season. Average home prices have held steady at $1.129M. With inventory remaining high and demand subdued, this is a market that leans in favor of buyers—creating interesting opportunities for those considering their next move. Meanwhile, B.C.'s broader economic picture shows exports dropping 13.6% in July, while imports climbed by 16%. Understanding these market signals is key to making confident decisions, and as someone deeply rooted in the Vancouver real estate community, I’m committed to helping clients navigate these changes with strong advocacy and thoughtful guidance.