Vancouver is famous for its stunning natural scenery and vibrant culture – and for its expensive housing. The cost of living in Vancouver is high, especially when it comes to real estate. As of mid-2025, the Vancouver housing market remains one of the priciest in Canada, with the average home selling for around $1.17 million. Affordability is the number one concern for local homebuyers, so finding affordable neighborhoods in Vancouver is key to getting a foothold in the market. The good news is that this bustling metropolis does have some pockets of relative affordability – places where you can find cheaper homes in Vancouver without sacrificing a great lifestyle.

Whether you're a first-time buyer trying to break into the Vancouver real estate market,…

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Selling your property in British Columbia can be an exciting milestone, but it’s crucial to remember that taxes and fees when selling a home can significantly affect your bottom line. Many homeowners and investors focus on the sale price and overlook the various costs, especially taxes, that kick in when you sell. In B.C., understanding the taxes on selling a house ahead of time can save you from surprises before small problems become big ones. This comprehensive guide will walk you through what to expect, from capital gains on selling a house to the typical closing costs when selling a house, so you can plan a smooth, profitable sale with a professional but friendly approach.

1. Taxes on Selling a Principal Residence vs. Other Properties

If the…

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The Vancouver condo market has long been a hotspot for investors and retirees alike. Real estate in Vancouver is often seen as a ticket to future financial security, whether through rising property values or rental income. Lately, however, condos haven’t been the steady goldmine many hoped for. Sales have slowed, listings have swelled, and prices have even dipped in some cases. With the condo market downturn making headlines, many people are asking: is a condo a good investment for retirement anymore?

In this blog post, we’ll dive into what’s happening with condo prices in Vancouver, why condos became a popular real estate retirement plan, and what the current struggles mean for different folks – from retirees thinking of downsizing to a condo in…

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Canadian real GDP fell by 0.1 per cent in June, after declining by 0.1 per cent in May. Goods-producing sectors fell 0.5 per cent, while service-producing industries increased by 0.1 per cent. Sectoral growth was led by retail trade (1.4 per cent), wholesale trade (0.5 per cent), and construction (0.3 per cent). The biggest detractors from growth were from manufacturing (-1.5 per cent) and utilities (-1.2 per cent). Output for the offices of real-estate agents and brokers rose by 3.1 per cent month-over-month. Preliminary estimates suggest that real GDP by industry increased by 0.1 per cent in July.

Real GDP declined by 0.4 per cent in the second quarter of 2025, registering an annualized growth rate of -1.6 per cent. Contraction was driven by a…

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