REW One Member agents make their predictions about the Greater Vancouver real estate market in 2026.

What will the Greater Vancouver real estate market look like in 2026? We asked three expert REW One Member agents for their thoughts and opinions on the upcoming year.

Transcript

0:00 - 0:01Confidence: 62%

They're calling it a buckle-up year, 2026.

0:05 - 0:06Confidence: 17%

Just say anything?

0:06 - 0:07Confidence: 13%

Like, you can just roll with it?

0:08 - 0:08Confidence: 44%

Okay, okay.

0:09 - 0:11Confidence: 77%

I mean, we don't choose what year we sell.

0:11 - 0:15Confidence: 58%

Well, I think a lot of the buyers are fearful in the market right now.

0:15 - 0:17Confidence: 59%

2025 saw some changes in the market.

0:17 - 0:20Confidence: 58%

It definitely got a little more challenging in the fact that a lot of people's

0:20 - 0:24Confidence: 81%

mortgage renewals came up, so they had to make a transition to something smaller

0:24 - 0:25Confidence: 49%

or out of area.

0:26 - 0:27Confidence: 83%

I've seen challenges every year.

0:28 - 0:32Confidence: 84%

If the market is, the year is so big, nobody's doing their due diligence.

0:32 - 0:34Confidence: 65%

Buyers are getting, paying too much.

0:35 - 0:37Confidence: 80%

Sellers are also paying too much after they sell.

0:41 - 0:51Confidence: 77%

What I've seen in Vancouver market is the prices are steadily declining and sellers are holding on to 2022 prices, even though it's clearly like going down.

0:51 - 0:54Confidence: 57%

As realtors, we're constantly having to ask for price reductions.

0:54 - 0:59Confidence: 84%

I tell sellers, if you don't feel like, you know, you got kicked between the legs, then you probably don't have the right price.

1:00 - 1:03Confidence: 56%

2026 is going to be an interesting first six months.

1:03 - 1:07Confidence: 74%

If the spring brings lots of inventory, you could see one more change.

1:07 - 1:10Confidence: 75%

My prediction on the market is we'll see one more price change in 2020.

1:10 - 1:11Confidence: 80%

spring.

1:11 - 1:12Confidence: 65%

I'm a contrarian.

1:12 - 1:15Confidence: 66%

If someone's like an investor and they're scared, they don't have to

1:15 - 1:17Confidence: 81%

invest all their eggs in one basket.

1:17 - 1:20Confidence: 77%

You know, they could start off small, do a small investment.

1:20 - 1:23Confidence: 56%

I believe in 2026, we're going to have a better year.

1:23 - 1:25Confidence: 67%

Prices are leveled off.

1:25 - 1:25Confidence: 9%

I think you'll

1:25 - 1:28Confidence: 77%

really kind of see the bottom, we can call it, where it's gone to.

1:28 - 1:29Confidence: 69%

Just because you have

1:30 - 1:34Confidence: 69%

you know some properties that are almost renting again for what it costs so once you hit that

1:34 - 1:39Confidence: 77%

magical mark certainly a townhouse that you pick up now for 650 or 700 if that's still renting for

1:39 - 1:44Confidence: 76%

3800 that's your mortgage payment so that's sort of that bottom line mark when the market starts

1:44 - 1:51Confidence: 74%

to roll again hopefully the interest rates do tick down three more times if we see three more

1:52 - 1:56Confidence: 79%

reductions buyers will stay interested i don't know if the interest rates will come down much

1:59 - 2:01Confidence: 73%

When you look at today's interest rate, it's already low.

2:01 - 2:06Confidence: 75%

We were just used to the super low interest rates in COVID time.

2:06 - 2:07Confidence: 63%

It's a different market now.

2:11 - 2:13Confidence: 58%

Buyers and sellers in 2026.

2:15 - 2:17Confidence: 68%

I would say it's a good time to make your move.

2:18 - 2:21Confidence: 70%

I think it's always a good time to understand real estate is the biggest thing

2:21 - 2:24Confidence: 65%

in our industry, long term real estate.

2:24 - 2:25Confidence: 31%

You can never go wrong.

2:25 - 2:27Confidence: 66%

One piece of advice for home seekers in 2026 is, you know,

2:28 - 2:30Confidence: 71%

you see something you like and it's a good deal.

2:30 - 2:31Confidence: 54%

I think you should act on it.

2:32 - 2:35Confidence: 78%

These prices being this low might not happen again for years.

2:36 - 2:38Confidence: 71%

And if you need a house, it's a good time to buy one.

2:39 - 2:44Confidence: 67%

My prediction for the next year, I think 2026 is kind of going to be slow and stable.

2:44 - 2:47Confidence: 76%

2027 spring will be the next move of the market.

2:48 - 2:50Confidence: 73%

But for the next year, it's going to be pretty stable.

2:50 - 2:52Confidence: 53%

Just hang on tight and 2027 will be good.

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