Edward Krasnogolov Недвижимость в Ванкувере и окрестностях

09/17/2026

Housing Market Update (September 2026)
https://www.youtube.com/watch?v=2E7y8elGIbg

09/02/2026

Bank of Canada Interest Rate Announcement –
September 2, 2026

The Bank of Canada held its overnight policy rate at 2.25 per cent this morning. In the statement accompanying the decision, the Bank highlighted a broad-based recovery in the Canadian economy over recent months, while underlining potential threats to its sustainability as headwinds persist. The Bank projects growth of just 0.7 per cent this year but expects the economy to expand by 1.8 per cent in both 2027 and 2028. On inflation, the Bank noted higher upside risks to its outlook as the ongoing Iran conflict and newly announced tariffs place further pressure on refineries and affected businesses alike, increasing the risk of spillovers into the prices of other goods.

Since the beginning of the Iran conflict, headline inflation growth has been largely driven by higher gasoline prices, while core inflation remains stable around the Bank’s 2 per cent target. As such, we expect the Bank of Canada to continue looking through the oil price shock and holding its policy rate at 2.25 per cent through 2026. However, the latest round of bilateral tariffs levied by Canada and the US will place strain on affected businesses while raising the risk of pass-through into final prices. Additionally, improving economic and labour market conditions along with steady core inflation bias the Bank toward eventual rate hikes to 2.75 per cent, the midpoint of its neutral range.

That outlook, combined with elevated inflation in the United States, is tilting market expectations towards a possible rate hike from the Federal Reserve during the fall, placing upward pressure on five-year bond yields, which drive fixed mortgage rates in Canada. Consequently, fixed mortgage rates may continue edging higher as markets expect tighter monetary policy from the Federal Reserve and Bank over the medium term.

08/07/2026

GVR Stats Centre Reports - July 2026

08/05/2026

Home sales lose brief momentum

Home sales registered on the MLS® in Metro Vancouver* fell nearly ten per cent relative to July last year, erasing the ten percent gain seen in June that kicked off the summer.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,061 in July 2026, a 9.8 per cent decrease from the 2,286 sales recorded in July 2025. This was 18.6 per cent below the 10-year seasonal average (2,532).

“Last month, we reported broad gains in home sales across all home types, raising the question of whether demand would continue to build into the summer. Instead, July sales were down nearly ten per cent, led by an 18 per cent drop in apartment sales, confirming to market watchers that the June momentum was not sustained,” said Andrew Lis, GVR chief economist and vice-president data analytics. “Over the past few years, the sales activity story has often been one step forward, one step back, and the June and July data are a prime example of this pattern.”

There were 4,991 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in July 2026. This represents a 11.5 per cent decrease compared to the 5,642 properties listed in July 2025. This figure matches the 10-year seasonal average (4,992).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,476, a 4 per cent decrease compared to July 2025 (17,168). This is 26.8 per cent above the 10-year seasonal average (12,992).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for July 2026 is 13 per cent. By property type, the ratio is 10.5 per cent for detached homes, 15.8 per cent for attached, and 14 per cent for apartments.

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

“Sales weren’t the only metric taking a step back in July, however. New listings were also down 11 percent in July, largely due to a nearly 17 per cent drop in apartment listings,” said Lis. “We’ve been pointing to the slowdown in sellers coming to market for several months, and it’s beginning to translate into a gradual decline in the overall inventory level. This shift remains in early days, and with sales in a holding pattern, price pressures of significance in either direction aren’t showing up in the data quite yet, with prices down roughly one per cent in July.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,088,800. This represents a 6.2 per cent decrease over July 2025 and a 0.9 per cent decrease compared to June 2026.

Sales of detached homes in July 2026 reached 639, a 3.2 per cent decrease from the 660 detached sales recorded in July 2025. The benchmark price for a detached home is $1,822,900. This represents a 7 per cent decrease from July 2025 and a 1.1 per cent decrease compared to June 2026.

Sales of apartment homes reached 952 in July 2026, a 17.8 per cent decrease compared to the 1,158 sales in July 2025. The benchmark price of an apartment home is $688,000. This represents a 7.5 per cent decrease from July 2025 and a one per cent decrease compared to June 2026.

Attached home sales in July 2026 totalled 454, a 1.1 per cent decrease compared to the 459 sales in July 2025. The benchmark price of a townhouse is $1,030,400. This represents a 6 per cent decrease from July 2025 and a 1.5 per cent decrease compared to June 2026.

07/16/2026

https://www.youtube.com/watch?v=19bBWM0xKb4

BC Real Estate Association (BCREA) Chief Economist Brendon Ogmundso...

07/15/2026

Bank of Canada Interest Rate Announcement –
July 15, 2026

The Bank of Canada held its overnight policy rate at 2.25 per cent this morning. In the statement accompanying the decision, the Bank noted that despite significant global uncertainty and volatility, Canada's economy is showing signs of improvement, with growth rebounding in the second quarter and broadening across sectors. The Bank projects growth of just 0.7 per cent this year but expects the economy to expand by 1.8 per cent in both 2027 and 2028. On inflation, the Bank expects CPI to remain elevated in June before gradually easing in the coming months and returning to its 2 per cent target in 2027.

Although the status of the conflict with Iran remains fluid, fears of an oil-price-driven inflation spiral have not materialized. While headline inflation has moved higher, there is little evidence that higher energy costs have been passed through to core inflation in Canada, which remains subdued. As such, there is no need for the Bank to raise rates this year. However, if the Canadian economy continues to regain momentum and core inflation settles near the Bank's 2 per cent target, policymakers may not need to keep the overnight rate at the low end of the neutral range for much longer. In that case, the Bank could begin moving its policy rate back toward 2.75 per cent next year.

That outlook, combined with rising inflation in the United States, which has made a summer rate hike by the Federal Reserve a real possibility, is putting upward pressure on five-year bond yields, which drive fixed mortgage rates in Canada. Consequently, fixed mortgage rates may edge higher heading into the fall.

06/15/2026

Housing Market Update (June 2026)

BC Real Estate Association (BCREA) Chief Economist Brendon Ogmundso...

06/11/2026

Sales Struggle Against a Weak Economy
and Rising Mortgage Rates

Vancouver, BC – June 11, 2026. The British Columbia Real Estate Association (BCREA) reports that 6,790 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in May 2026, down 2 per cent from May 2025. The average MLS® residential price in BC in May 2026 was down 1.4 per cent at $945,878 compared to $959,216 in May 2025.

https://mcusercontent.com/1d19d95fdc3d8a43aeed37550/images/4ebcd5a4-2d77-f126-b050-5e4211d1d0da.png

Total MLS® residential sales dollar volume was $6.42 billion, down 3.4 per cent from the same time the previous year. BC MLS® unit sales were 26.39 per cent lower than the ten-year average for the month of May.

“Rising mortgage rates and a weak labour market continue to constrain activity around the province but especially in the Lower Mainland,” said BCREA Chief Economist Brendon Ogmundson. “The recent rise in mortgage rates presents an unexpected headwind for the market this year and may further delay a recovery in activity.”

Year-to-date, BC residential sales dollar volume is down 8 per cent to $25.1 billion, compared with the same period in 2025. Residential unit sales are down 6.9 per cent year-over-year at 26,681 units, while the average MLS® residential price is also down 1.2 per cent to $941,883.

06/10/2026

Bank of Canada Interest Rate Announcement –
June 10, 2026

The Bank of Canada maintained its overnight policy rate at 2.25 per cent this morning. In the statement accompanying the decision, the Bank noted a dampening of economic conditions since its most recent projections in April, citing weakness in government spending, housing activity, and business investment, accompanied by rebuilding inventories and (somewhat) anomalous increases in imports. However, the Bank expects growth to resume in the second quarter, albeit at a relatively weak pace. As the Iran conflict enters its fourth month, CPI inflation rose to 2.8 per cent in April, largely aligning with the Bank’s expectations as the oil price shock places severe pressure on energy prices. However, the Bank has found limited evidence of broad pass-through of higher oil prices into other products, as core inflation remains around 2 per cent, which is a leading factor in the Bank’s policy response to the conflict. Taken together, inflation is still expected to remain around 3 per cent before moderating towards 2 per cent over time. As a result, the Bank is continuing to look through the short-term impact of the conflict on headline inflation, but stands ready to adjust its policy rate if there are signs of persistence and transmission into the prices of other goods.

Weaknesses in the Canadian economy and labour market paired with inflationary pressure from the Iran War continue to place the Bank of Canada in an increasingly difficult position. Central Banks traditionally respond to supply shocks akin to the closure of the Strait of Hormuz by evaluating their duration and depth. While temporary spikes in commodity prices can be looked through if policymakers believe their effects will fade, persistent increases in energy costs are more likely to permeate through the economy and affect inflation expectations, forcing a policy response. Under that circumstance, the Bank of Canada may be compelled to raise its policy rate despite domestic weaknesses, creating a stagflationary economic backdrop. Thus far, the Bank has held its policy rate since the outset of the Iran conflict, as inflation has not (yet) spiked to projected levels. However, should subsequent CPI prints show rapid price acceleration, the Bank would be largely cornered into responding with tighter policy to quell further inflation.

That said, we do expect the Bank to look through this supply shock and hold its policy rate at 2.25 per cent this year. However, if growth and inflation follow the Bank’s current outlook, we anticipate the policy rate will rise back to the midpoint of the Bank’s neutral range, 2.75 per cent, by the end of 2027.

06/05/2026

GVR Stats Centre Reports - May 2026