Vancouver’s Market Is Slowing — But the Real Question Is: Why?

Vancouver’s housing market has cooled, but if you’ve been hearing that it’s all because of global “uncertainty,” it might be time to take a second look.

In a recent analysis from Andrew Lis at REBGV, we’re given a deeper — and more data-driven — breakdown of what’s really happening.

📈 What's the Market Saying?

While Toronto is seeing a sharp rise in condo inventory, Vancouver’s increase has been more modest and better balanced across all property types. MOI (Months of Inventory) in Vancouver is up ~35% compared to double in Toronto.

Even more interesting:

• Vancouver home prices are still up ~1% year-over-year

• Toronto prices have dropped nearly 2%

🧠 What the Media Thinks Is Causing This

The popular theory? Global uncertainty, interest rate jitters, and trade war fears (yes, Trump again).
But according to Lis — the data doesn’t support that theory.

➡️ BC & Ontario have always been expensive
➡️ Borrowing costs have come down, not up
➡️ Other expensive markets like Alberta are thriving despite the same global environment
➡️ Historically, no strong correlation exists between uncertainty and Vancouver sales dips

🔍 So What’s Really Going On?

Lis turns the question around:
Instead of asking “Why are BC and Ontario slow?”
👉 We should be asking: “Why are so many other markets doing well?”

His analysis challenges assumptions, invites more curiosity, and opens the door for fresh thinking in a complex market.

💬 Final Thought

This slowdown is not business as usual — and it’s not explained by the usual suspects.

As a local REALTOR® staying on top of this evolving story, I’m here to help you navigate what this means for your next move.

📞 Let’s connect if you’re thinking about buying or selling in the Tri-Cities area.

📍Tara Kennedy – REALTOR®
Serving Coquitlam | Port Coquitlam | Port Moody
🔑 Real Advice. Real Results.

🔑 #TaraKennedyRealEstate #YourRealtorInTheTricities #CoquitlamRealEstate #PortMoodyRealtor #PortCoquitlamHomes #VancouverRealEstate #AndrewLis #HousingTrends #RealEstateInsights #TriCitiesRealEstate #HomeBuyingBC #BCRealtor