â¯The fall market has officially shifted – from Balanced to Buyer-leaning…..Â
â¯Benchmark prices are down: â Detached homes: â4.4% YoY â Townhomes: â2.7% YoY â Condos: â4.4% YoY
â¯Why the dip? â Springâs higher interest rates slowed buyer activity. â Inventory climbed as homeowners timed fall transitions. â But on September 17th, the Bank of Canada lowered its key rate by 0.25% & that sparked renewed Buyer momentum.
So yes, itâs a BUYER\’S MARKET right now – but energy is building AND well-positioned homes ARE SELLING!
â¯BUYERS:â¯
â More breathing room, less bidding pressure.â¯
â Renewed affordability thanks to lower rates.â¯
â Suburban gems in Ladner, Tsawwassen, North Delta, Richmond & White Rock are getting a second look.
â¯SELLERS:â¯
â Homes with sunlit kitchens, walkable coffee spots, and flexible layouts (think WFH nooks or multi-gen potential) are outperforming.â¯
â Itâs not just about square footage – Buyers are responding to homes that feel & look good: natural light that shifts beautifully throughout the day, good layouts that support both quiet mornings & lively gatherings & homes that spark that special feeling.
â Strategic pricing paired + elevated presentation is the WINNING FORMULA.
â¯Have a question about the market?â¯
Whether youâre buying your first home or prepping to sell – Iâm here with tailored strategies that reflect your goals – not just market trends.
â¯604-946-1595
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