Oduro homes

Oduro homes RE/MAX Real Estate Agent & pastor Helping people get into the home of their dreams and Sellers to sell their Homes Fast. 🙂🏡❤️

Rate cuts boost housing demand faster than supply, BoC research findsRecent Bank of Canada research highlights something...
09/15/2026

Rate cuts boost housing demand faster than supply, BoC research finds
Recent Bank of Canada research highlights something I see often in our Vancouver market: when interest rates drop, home sales pick up quickly, but new construction takes much longer to follow. This imbalance pushes prices even higher—especially with low unemployment keeping demand strong. As someone who’s been active in BC’s residential market for over 15 years, I know firsthand how affordability can suffer when demand outpaces supply. The study points out that policies focused on increasing supply are likely to have a greater impact on stabilizing prices than monetary policy alone. Understanding these trends is key for anyone navigating the real estate landscape, whether buying, selling, or investing.


https://www.roomvu.com/agent-news/mark-oduro-2/1936291-Rate-cuts-boost-housing-demand-faster-than-supply%2C-BoC-resea

09/14/2026

Canada’s Affordability Streak Hits 10 Quarters
For 10 straight quarters, affordability has been at the forefront of Canada’s housing conversation. As a REALTOR® working with buyers and sellers in Vancouver, I’ve seen firsthand how mortgage rate relief is no longer the main lever for affordability—instead, we’re all watching home prices and income growth more closely. Economists are now expecting mortgage rates to hold steady or even rise slightly over the next year, so any improvement in affordability will likely come down to whether home prices moderate. With population growth slowing, there’s hope this could help ease housing demand and keep prices in check, while a strengthening labour market may offer some support for household incomes. It’s important to remember that every market is unique: for example, what’s happening in Vancouver and Toronto is very different from Calgary or Edmonton. Drawing on my 15+ years of experience in BC’s residential market, I know how crucial it is to understand these local dynamics—especially as economists caution that any real affordability gains will probably depend on sustained moderation in home prices.

B.C. and Ottawa discuss cutting developer fees to boost housing constructionThere’s important movement underway in B.C.—...
09/13/2026

B.C. and Ottawa discuss cutting developer fees to boost housing construction
There’s important movement underway in B.C.—the province and Ottawa are in talks to potentially cut development cost charges by as much as 50% in high-growth areas. What does this mean for our market? The aim is to encourage more multi-unit housing construction, backed by a $3.2 billion investment over the next decade. On top of that, plans are in place to turn more than 2,200 unsold condos into much-needed affordable homes. Drawing from my 15+ years of experience navigating Vancouver’s residential market, I see these changes as a significant step toward increasing housing options and improving affordability for both buyers and investors.


https://www.roomvu.com/agent-news/mark-oduro-2/1885679-B.C.-and-Ottawa-discuss-cutting-developer-fees-to-boost-hous

Home affordability improves in 10 of 13 Canadian cities in JulyJuly brought some positive momentum for homebuyers: affor...
09/12/2026

Home affordability improves in 10 of 13 Canadian cities in July
July brought some positive momentum for homebuyers: affordability improved in 10 out of 13 major Canadian cities, thanks to falling home prices. Here in Vancouver, we saw the largest drop in required income, a shift that can open doors for many families and first-time buyers. On top of that, mortgage rates edged down, and there are still discounted fixed-rate options available below 4%. After over 15 years navigating BC’s residential market—both as an investor and now as a REALTOR®—I know how meaningful even small changes in affordability can be. For anyone keeping a close eye on the market, these trends are worth watching as we head into the fall.


https://www.roomvu.com/agent-news/mark-oduro-2/1947583-Home-affordability-improves-in-10-of-13-Canadian-cities-in-J

09/11/2026

Working with Mark was an absolute pleasure from start to finish. He's a professional, knowledgeable...
Let’s connect and talk about the latest insights in the industry!

B.C. Home Sales Stay Resilient Amid Lower Mainland ShiftJuly’s market update shows a noticeable shift: home sales across...
09/11/2026

B.C. Home Sales Stay Resilient Amid Lower Mainland Shift
July’s market update shows a noticeable shift: home sales across British Columbia dropped 6.7% from last year, with 6,561 units changing hands. The average home price dipped 1.3% to $929,619, and the total sales volume fell by 7.9% to $6.1 billion. The Lower Mainland, where I focus much of my work, saw the most significant slowdown. Having navigated many market cycles—both as an investor and REALTOR®—I know how local trends like these can impact buyers and sellers in our communities. Understanding the numbers is key to making confident decisions, especially when the market feels uncertain.


https://www.roomvu.com/agent-news/mark-oduro-2/1938741-B.C.-Home-Sales-Stay-Resilient-Amid-Lower-Mainland-Shift

09/10/2026

Canada Data Week Sharpens Housing Outlook
This week brought a wave of important updates that could influence the housing market in the months ahead. With fresh data on Canada’s inflation, housing trends, and trade issues, there’s plenty for both buyers and sellers to consider. Notably, a key real estate group has revised its 2026 forecast, now predicting that national home sales will dip slightly this year, rather than see the modest growth many expected. We’re also watching the approaching Mid-Q3 deadline that could see nearly US$20B of Canadian exports hit with about 50% US tariffs if ongoing negotiations don’t resolve some major sticking points. New figures on housing starts, retail sales, and lending activity are due as well, offering insight into construction, consumer spending, and credit conditions. As someone who’s navigated the BC real estate landscape for over 15 years, I know how quickly the outlook can shift. Staying current with these developments is key to making informed decisions in our market.

09/09/2026

What Vancouver Homebuyers Could Have More of This Summer
Summer in Vancouver is truly special—it’s when you see just how much a home’s location shapes daily life. Imagine stepping out your front door and finding beaches, the seawall, parks, top restaurants, and the mountains all within easy reach. At mid-summer, with Vancouver’s median home price around $1.4M and 1,192 active listings, buyers have a real opportunity to focus on both value and lifestyle. In my 15+ years navigating Vancouver’s residential market, I’ve seen how the right address can make the city’s best experiences part of your everyday. This season, I’m helping clients not just find a property, but a home that truly brings Vancouver’s unique lifestyle closer than ever.

09/08/2026

UBC Farm Saturday Farmers' Market
One thing I’ve always appreciated about Vancouver living is the incredible access to fresh, local food—and the UBC Farm Saturday Farmers' Market is a great example. Every Saturday from June to November, you’ll find not just certified organic produce and local meats, but also baked goods, crafts, and even live music. The noon by-donation farm tour is a unique way to connect with where your food comes from. As someone who’s spent over 15 years helping clients find homes in this city, I know neighbourhood amenities like this add real value to our communities and daily life.

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Personal Real Estate Corporation: REMAX Heights Realty
Coquitlam, BC
V5G4L7

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