Home prices in Vancouver are projected to decline about 2% in 2025, with a potential stabilization or modest recovery in 2026.
Higher inventory levels will provide buyers with more options, helping the market gradually balance supply and demand conditions.
Affordability is expected to improve slightly due to lower interest rates and moderating prices, though challenges persist for first-time buyers.
Delays and cancellations in new construction projects may slow the addition of housing supply, impacting overall market recovery.
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