01/22/2026
You know me as your Realtor, but with 25+ years in data analytics I’m always watching the big forces shaping our market. Prime Minister Mark Carney’s recent comments about a shifting global “new world order” are already influencing real estate here at home.
Carney’s message: the era of global stability is over. We’re entering a world shaped by geopolitical tension, higher borrowing costs, reworked supply chains, and immigration driven by security and resilience.
What this means for Greater Vancouver:
1️⃣ Immigration will stay strong — even with recent pullbacks, long-term demand in Vancouver remains solid.
2️⃣ Global instability boosts Canada’s appeal — safe, well-regulated markets attract both newcomers and investment.
3️⃣ B.C.’s role is growing — supply-chain realignment brings capital and talent to our region.
4️⃣ Higher rates are the new normal — buyers will focus on well-priced, well-located homes.
FOR BUYERS: more inventory, more negotiating room, and smarter choices through data — not timing the market.
FOR SELLERS: well-priced, well-presented homes still sell, and long-term fundamentals remain strong.
Carney’s message wasn’t pessimistic — it was practical. The ground is shifting beneath us -- this new phase rewards informed, forward-looking decisions.
Need guidance? I’m here to help.
Glen Oaks, Realtor
📞 236-888-6060
📧 [email protected]
🌐 www.glenoaksrealestate.ca