For years, first-time buyers in the Lower Mainland were told to wait. Today the numbers look different.

Prices are lower than a year ago

The Greater Vancouver apartment benchmark is $682,500, down 6.2% year over year. In New Westminster the composite benchmark is $719,600, down 8.2%. In the Fraser Valley, the apartment benchmark is $461,800 and townhomes are $745,300.

You have choice

With active listings well above long-term averages in both Greater Vancouver and the Fraser Valley, you can compare homes, negotiate and include subject clauses that protect you.

The tax savings are real

BC's First Time Home Buyers' Program exempts you from property transfer tax on the first $500,000 of the price for homes...

If you've been waiting for the Greater Vancouver market to give buyers some breathing room, September delivered. According to Greater Vancouver REALTORS®, 1,717 homes sold last month, down 8.4% from September 2025 and 25% below the 10-year seasonal average.

Prices are softening across every property type

The composite benchmark price is now $1,075,900, down 5.5% from a year ago:

• Detached: $1,784,700 (down 7.3%)

• Townhouse: $1,016,700 (down 4.7%)

• Apartment: $682,500 (down 6.2%)

Inventory is high

There are 16,394 active listings, 24% above the 10-year seasonal average. The overall sales-to-active ratio is 10.9%. When that ratio stays under 12%, prices historically face downward pressure, which is exactly...

By Elio, Alex & Nicola — City to Suburb Real Estate Group, RE/MAX City Realty

With B.C.’s provincial election approaching on October 24, housing is once again a major issue for voters — and understandably so. For homeowners, buyers, renters, investors and developers, provincial policies can have a meaningful impact on the cost and availability of housing.

But how much could this election actually change the real estate market?

The short answer is: potentially quite a bit over time, but probably not overnight.

Here’s a look at the key housing issues being discussed and what they could mean for the B.C. real estate market.

Where the Market Stands Today

It’s important to look at the market before looking...