The Bank of Canada held its overnight rate steady this morning at 2.25%. In the statement accompanying the decision, the Bank noted that the Canadian economy will likely continue to be challenged over the next year by trade volatility, but it expects underlying domestic demand to firm up in 2026.

On inflation, the Bank expects CPI inflation to remain close to its 2% target, though it still assesses underlying or core inflation at closer to 2.5%. Overall, the Bank judges the current level of its policy rate to be the right level to keep inflation at its target while helping the economy adjust to the current period of global trade upheaval.

The complexities of global trade tensions still mean some downward pressure on growth coupled with potential…

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Buying older homes in Vancouver is appealing for their character and history. These properties – often Edwardian, Craftsman, or heritage-style houses – are prized for architectural detail and established neighbourhoods. As a Vancouver inspector notes, older properties “often attract buyers looking for charm, established neighbourhoods, and larger lots”. For many buyers, owning a Vancouver character home or heritage property represents a unique opportunity. However, these houses often mask outdated systems and hidden damage. Because of this, a thorough inspection is essential before you buy.

Common Hidden Issues in Older Homes

Older houses often require costly repairs. Most inspectors list similar red flags. Here are key areas to watch:

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Vancouver’s real estate market is among the priciest in Canada, making buying a home in Vancouver a major decision. Prices here have risen far faster than many other places – one report notes Vancouver’s home values climbed about 33% over the past decade. In fact, major centres like Vancouver and Toronto have seen much steeper long-term growth than smaller markets. This strong historical appreciation underpins Vancouver’s high entry cost: by one estimate housing costs now consume nearly 98.6% of median income in Vancouver. In such an expensive market, long-term value depends heavily on location and neighbourhood. Where a Vancouver home is – in terms of schools, transit, amenities and future projects – often matters as much as the building itself.

The…

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Vancouver’s condo market comes with strict rules. If you own a Vancouver condo and want to lease it out, you must follow Vancouver condo rental rules set by provincial and local law. In general, long-term renting (leases of 30–90 days or more) is allowed, but short-term rentals (like Airbnb stays) face tighter limits. Vancouver strata bylaws and British Columbia law now prohibit any blanket bans on renting out your unit, meaning you can rent your condo long-term without strata permission. However, both the City of Vancouver and the B.C. government have their own Vancouver Airbnb regulations and short-term rental laws Vancouver that restrict how you can operate an Airbnb. This guide explains what owners need to know about leasing their condos – from strata…

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Vancouver’s skyline hints at its beauty, but the reality of Vancouver real estate can be harsh for buyers. Homes here cost a fortune and inventory is tight. Even with a bit of cooling, the Vancouver housing market 2025 remains extremely pricey. For example, October 2025 home prices were only about 3–4% lower than a year before, and the average Greater Vancouver home still sold for roughly $1.13 million. Vancouver property prices are among the highest in Canada, so first-time buyers and investors must set realistic home expectations. Chasing a “perfect” bargain home – say, a large detached house downtown for under $1M – is often unrealistic. In practice, getting any decent home in a desirable area usually means paying much more or accepting trade-offs. In…

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Vancouver is one of Canada’s most expensive housing markets. As of late 2025, the average sold home price in Greater Vancouver was about $1.26 million. Detached houses averaged over $2 million, and even condo apartments averaged about $765,000. These high prices mean that Vancouver homeownership cost is steep – not just the sale price but also all the ongoing expenses each month. In this guide, we break down the true cost of owning a home in Vancouver, including upfront fees and ongoing monthly charges, so buyers and investors can budget realistically. We’ll look at current Vancouver real estate 2025 data and common expense categories, and show example budgets for condos and houses.

Vancouver’s Housing Market (2025 Context)

Vancouver’s housing…

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Early fall momentum slows as Fraser Valley sales dip in November

SURREY, BC – Easing prices and abundant inventory weren’t enough to entice buyers to the Fraser Valley market in November, as sales declined in line with seasonal buying patterns.

The Fraser Valley Real Estate Board recorded 943 sales on its Multiple Listing Service® (MLS®) in November, a 16 per cent decrease from October, and 17 per cent below sales from the same month last year.

New listings slowed again in November, down 26 per cent month-over-month and seven per cent year-over-year, to 2,210. Overall inventory remains well above seasonal norms for the Fraser Valley, with 9,201 active listings, down nine per cent from October and 47 per cent above the 10-year seasonal average.

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Housing market sees little change as year-end nears

VANCOUVER, B.C. – December 2, 2025 – Metro Vancouver* home-sale trends observed in October continued in November, as sales registered on the MLS® remained lower than this time last year.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,846 in November 2025, a 15.4 per cent decrease from the 2,181 sales recorded in November 2024. This was 20.6 per cent below the 10-year seasonal average (2,324).

“As the year draws to a close, the data continues telling a story of a market with many buyers patiently waiting and sellers adjusting to market conditions not seen in years,” said Andrew Lis, GVR’s chief economist and vice-president, data analytics.…

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Buying a new construction home in Vancouver can feel exciting and expensive. To protect buyers, British Columbia has a mandatory 2-5-10 home warranty system. Under the Homeowner Protection Act, licensed Vancouver builders must enroll every new home (including condos) in third-party warranty insurance. This “new home warranty” is often called one of the strongest construction-defect insurance programs in Canada. In fact, BC’s New Home Warranty is widely regarded as a premier new-build home protection system. But what exactly does it cover, and is it really enough for buyers in Vancouver’s pricey market? We’ll break down the details, explain what’s included (and what’s not), and answer common homebuyer warranty questions so you know the truth.

BC’s…

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Buying a home is one of the biggest decisions many people make, especially in Vancouver’s heated housing market. One key step that protects buyers is getting a professional Vancouver home inspection before finalizing a purchase. Some buyers wonder if they can skip a home inspection in Vancouver to save money or make their offer stand out. However, waiving this inspection is very risky. The upfront cost of an inspection in Vancouver is modest (often $350–$600), a small price to pay for the peace of mind it provides.

Home inspections exist to give buyers a clear picture of a property’s physical condition. A thorough Vancouver home inspection covers the roof, walls, foundation, plumbing, electrical, heating/cooling, and more. The inspector looks for…

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